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Mixed Use Project
Kiti, Larnaca

€575,000  ($656,937)

CIC Properties

CIC Properties

Reg. No: 566 / License number: 726/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $22,993

Average Bank Rate (€575,000)
1 USD = 0.8457 EUR
$679,930

Mid-market rate (€575,000)
1 USD = 0.8753 EUR
$656,937

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: 8936818 (10408)
  • Plot: 550 sqm

Description

For sale in the popular area of Kiti, this versatile mixed-use property offers a great investment opportunity. With a generous internal space of 448 m2, the building is suitable for a range of business purposes or a combination of commercial and residential use.

This two-storey mixed-use building constructed around 1991, comprising two ground-floor shops and four first-floor apartments. Shop No. 1 (105 sq.m. internal area) includes an open-plan retail space, kitchen, toilet, storage area created with drywall partitions, and a 96 sq.m. uncovered veranda. Shop No. 2 (125 sq.m.) comprises an open-plan retail space, kitchen, toilet, and a 95 sq.m. uncovered veranda. The first floor consists of four two-bedroom apartments, each with a living/dining area, kitchen, bathroom/WC, and covered veranda. Apartments No. 1 and No. 4 have an internal area of 52 sq.m. with 6 sq.m. covered verandas, while Apartments No. 2 and No. 3 have an internal area of 57 sq.m. with 8 sq.m. covered verandas.

Whether you are considering an office, retail, or multi-use rental investment, this property provides a solid foundation with room for customization. Offered by CIC Properties, this is a rare opportunity to acquire a substantial property in a sought-after location. For more information or to arrange a viewing, contact us today.

For privacy reasons, the advertiser has not indicated the exact address.
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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
€19,600 ($22,393)
If buying on joint names
€16,200 ($18,508)

Disclaimer - Property reference 8936818. 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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