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Commercial Building
Larnaca Municipality, Larnaca

€1,375,000  ($1,583,160)

CIC Properties

CIC Properties

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

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $55,411

Average Bank Rate (€1,375,000)
1 USD = 0.8391 EUR
$1,638,571

Mid-market rate (€1,375,000)
1 USD = 0.8685 EUR
$1,583,160

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: 8333472 (9105)

Description

For sale: The Ermou Project presents an exceptional investment opportunity on the renowned Ermou Street, in the heart of Larnaca city center. Ideally located just 100 meters from the popular Finikoudes seafront and the city’s main shopping district, the property is surrounded by restaurants, cafes, and a wide range of amenities. The project concerns an existing building ready for renovation and extension, with the license issued in 2023. The proposed development includes a 112 sqm ground-floor shop suitable for a cafe or restaurant, nine studio units across the mezzanine, first, and second floors totaling 336 sqm, and a 112 sqm rooftop area featuring a jacuzzi and seating space, offering strong potential for both residential and commercial returns.

Finikoudes is a prime location known for its bustling boulevard lined with palm trees, vibrant cafes, and sandy beach. The area attracts high foot traffic, making it a top choice for businesses seeking visibility and access to both locals and tourists. Essential amenities, including restaurants, shops, banks, and public transport, are all within walking distance, ensuring daily convenience.

The building is available partially finished, giving buyers the chance to customize the final touches. Optional furnishing can be arranged to suit your needs. This is a rare chance to secure a premium space in one of the most sought-after areas. For more information or to schedule a viewing, contact CIC Properties 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
€51,600 ($59,412)
If buying on joint names
€48,200 ($55,497)

Disclaimer - Property reference 8333472. 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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