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Anafotida, Larnaca

€140,000  ($161,344)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/E

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Compared currency flag Pay in USD and save up to $5,647

Average Bank Rate (€140,000)
1 USD = 0.8384 EUR
$166,991

Mid-market rate (€140,000)
1 USD = 0.8677 EUR
$161,344

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8219806 (3545)
  • Plot: 1004 sqm

Description

An outstanding investment opportunity in the heart of Anafotida village, this ground-floor commercial property offers excellent visibility, substantial frontage, and significant development potential.

The property comprises a ground-floor building with two independent commercial units, situated on a registered plot of 1,004 sq.m. along Archbishop Makarios III Avenue — one of the village’s main arterial roads. With approximately 73 metres of road frontage, the asset benefits from exceptional exposure and convenient access.

Built in 1992, the building consists of:

Two separate shop units

Each unit featuring an open-plan retail space and a WC

The total enclosed area is approximately 200 sq.m. The sizeable plot provides ample opportunity for future redevelopment or expansion, subject to obtaining the relevant planning approvals.

The property falls within Planning Zone H2, allowing a building density of 90%, coverage of 50%, and development of up to two floors with a maximum height of 8.3 metres.

Prime Location
Ideally positioned within the village centre, the property benefits from consistent local traffic and close proximity to key community landmarks:

Approximately 180 metres northeast of Anafotida Primary School

Approximately 265 metres northeast of Saint Demetrios Church

Approximately 675 metres west of the British Military Base

Key Features

Large plot of 1,004 sq.m.

Approximately 73 metres of main road frontage

Central village setting

Two independent shop units

Strong redevelopment prospects

Suitable for retail, office, service, or mixed-use investment


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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€2,650 ($3,054)
If buying on joint names
€2,100 ($2,420)

Disclaimer - Property reference 8219806. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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