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Building for sale in Larnaca Municipality, Larnaca

Larnaca Municipality, Larnaca, Cyprus
Building for sale in Larnaca Municipality, Larnaca 3326 Larnaca Municipality
Building
Larnaca Municipality, Larnaca
OFF THE MARKET
CENTURY 21 CYPRUS

CENTURY 21 CYPRUS

Licensed Estate Agent Reg 1141 License 110/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 $26,143

Average Bank Rate (€699,000)
1 USD = 0.9042 EUR
$773,090

Mid-market rate (€699,000)
1 USD = 0.9358 EUR
$746,946

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: 984975 (5827)

Description

The building is located in one of the most upgraded areas of Larnaca, near the Radisson Blue Hotel. This plot/building has an extremely high investment potential, as the government is planning 1.2 billion in investment in the area over the next few years.As of now, the building is leased as a gym, but the contract can be terminated if it is sold.Building densities are currently 120%, but they can be revised in the future to include more floors. Demolition and development for residential or commercial purposes are possible for the new investor.

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€1,306 ($1,395)
If buying on joint names
€1,306 ($1,395)
Transfer fees
If buying as an individual
€24,560 ($26,245)
If buying on joint names
€21,160 ($22,611)

Disclaimer - Property reference 984975. 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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