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Pay in USD and save up to $14,116Property Type: Mixed-Use Building (Shops + Development Land)
Location: Aradippou (Apostolos Loukas), Larnaca
Plot Area: 617 m²
Planning Zone: Ka5 (Residential)
Building Density: 100%
Coverage: 50%
Floors Allowed: 3
Max Height: 13.5 m
Title Deed: Available
A rare opportunity to acquire a centrally located plot with existing commercial units in a residential zone in the heart of Aradippou. The property currently includes two ground-floor shops, constructed in 1993, offering a total enclosed area of 288 m². The plot falls within Zone Ka5, allowing for residential development of up to three floors.
There are 2 Current Units on Site that where converted into 4 shops-offices :
Shop 1:
Year Built: 1993
Enclosed Area: 94 m²
Condition: Good
Road Access: Yes
Shop 2:
Year Built: 1993
Enclosed Area: 194 m²
Condition: Very Good
Road Access: Yes
Uncovered Area: 2 m²
This building offers immediate income potential from the existing retail spaces while providing the opportunity to develop additional residential units above, or redevelop the entire plot.
Key Highlights:
Registered road access
Excellent visibility and frontage
Clean title deed
Great investment potential
Contact us today for more information or to arrange a viewing.
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.
Disclaimer - Property reference 8051071. 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.
