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Commercial Building
Larnaca Municipality, Larnaca

€1,200,000  ($1,383,588)

SOLD
Bank Owned Property

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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 $48,426

Average Bank Rate (€1,200,000)
1 USD = 0.8380 EUR
$1,432,014

Mid-market rate (€1,200,000)
1 USD = 0.8673 EUR
$1,383,588

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: 839779 (7474)

Description

The asset is a three-storey mixed-use building named "P.Z.A. Court" in Agios Fanourios quarter, Aradippou. It is located on a corner plot along Ellados and Eleftherias avenues, 500m from the industrial area of Aradippou, providing high visibility. The building was constructed in 2009. It comprises a showroom with mezzanine on the ground floor and four apartments on the upper floors, while the basement consists of covered parking spaces. The showroom comprises an open space and five storage rooms on the ground floor, while the mezzanine includes an open-plan space with storage room. The first and second floors are identical and comprise two apartments each. Currently, two are vacant and two are occupied used as offices. The property is close to retail stores, showrooms, supermarkets, schools and a college. It is an ideal investment opportunity offering high-income generation. Energy Performance Classifications for shops: Energy Class C Energy Performance Classifications for apartments: Energy Class D

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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
€44,600 ($51,423)
If buying on joint names
€41,200 ($47,503)

Disclaimer - Property reference 839779. 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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