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Commercial Building for sale in Larnaca Municipality, Larnaca

Larnaca Municipality, Larnaca, Cyprus
Commercial Building for sale in Larnaca Municipality, Larnaca 515 Larnaca Municipality
Offers in the region of
1440000 €1,440,000 ($1,439,682)
Commercial Building
Larnaca Municipality, Larnaca
Offers in the region of
€1,440,000  ($1,439,682)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $50,389

Average Bank Rate (€1,440,000)
1 USD = 0.9664 EUR

Mid-market rate (€1,440,000)
1 USD = 1.0002 EUR

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: 823558
  • Total covered area: 1100 sqm
  • Plot: 3333 sqm


Commercial building in Agios Fanourios quarter of Aradippou Municipality. It is situated at a distance of 1 km northwest of GSZ Stadium and 280 meters south of “LIDL” supermarket. The area of the property designates a plethora of amenities and services such as supermarkets, schools, shops etc. In addition, it has excellent access to the motorway and the city of Larnaca.The building consists of a ground floor  showroom, a mezzanine, two upper floors with office spaces and a basement.The ground floor area/showroom is 400 sqm (approx.) plus 200sqm the mezzanine and 700 sqm the basement.  The 1st and 2nd floor of the building has total area of 700sqm.It is noted that the ground floor and the mezzanine level is rented for €2000/month while the rest of the building is vacant. By renting out all the units of the building, the property can offera high yield of over 5%. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Larnaca Municipality: Aradippou Quarter: Agios Fanourios

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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
€2,788 ($2,787)
If buying on joint names
€2,788 ($2,787)
Transfer fees
If buying as an individual
€54,200 ($54,188)
If buying on joint names
€50,800 ($50,789)

Disclaimer - Property reference 823558. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars.

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