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Pay in USD and save up to $36,293This commercial building is located on Zakynthou Street in Larnaca and is available for sale. It consists of two floors and has been renovated in 2023.
The covered internal area of the building is 550m², with 220m² on the ground floor, 220m² on the first floor, and a mezzanine of 110m². There is also extra density available to add a third floor to the building.
The plot size is approximately 240m². The space is currently used as offices and generates a monthly income of €2,800.
The land area is 452m² and falls within the εβ5 zone, with a building density of 120%.
The building has a total area of 520m² and consists of two shops on the ground floor and one apartment on the first floor. The two shops are currently rented, generating a combined monthly rent of €1,900. The office on the first floor is rented for a monthly rent of €900. Therefore, the total annual income is €33,600.
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.
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