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Pay in USD and save up to $84,709Great opportunity - Historic building in the heart of Larnaca, Saint Lazarus area.
Key Highlights:
- Premium Location Situated in one of Larnacas most visited and historic areas, surrounded by restaurants, shops, and cultural landmarks.
Few minutes walk from the sea.
- High-Density Planning Zone (Πα6)
- 180% building density
- 70% coverage
- Up to 3 floors (10m height)
Development Potential in High demand:
- Excellent redevelopment potential: Luxury Apartments / Airbnb apartments / Boutique Hotel. (Plans available)
- Upscale Restaurant (ground floor)
- Roof Terrace: Additional value-adding space with attractive views.
Investment Advantages:
- Eligible for Tax incentives and serious grants for the restoration of historic buildings.
- Located in a high-demand tourist area with strong occupancy potential.
- Unique architectural character, ideal for a premium concept.
A rare chance to develop a landmark hospitality project in one of Larnacas most sought-after locations, combining historic charm with strong return potential.
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 8249659. 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.
