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Hotel
Larnaca Municipality, Larnaca

€4,200,000  ($4,835,835)

Investia Estate Agents

Investia Estate Agents

Reg. No. 509/ Lic. No.255/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 $169,254

Average Bank Rate (€4,200,000)
1 USD = 0.8391 EUR
$5,005,089

Mid-market rate (€4,200,000)
1 USD = 0.8685 EUR
$4,835,835

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: 1928241 (5240)

Description

Prime Income-Generating Building for Sale — Central Larnaca

A rare investment opportunity in the very heart of Larnaca, just a 2-minute walk from the beach and located directly within the main shopping and commercial district.

This mixed-use building offers both strong rental income and high redevelopment potential.

Property Breakdown:

Ground Floor:
• 3 retail shops — high visibility and foot traffic

First Floor:
• 2 × 2-bedroom apartments
• 1 × 1-bedroom apartment
• 1 studio

Second Floor:
• Same layout as the first floor (additional 4 units)

Third Floor:
• 1 large 3-bedroom penthouse
• 1 × 2-bedroom apartment

Total units: 13 + 3 shops

All spaces are currently rented, generating stable income.

Investment Highlights:
• Premium central location — high demand area
• 2 minutes from the sea, marina & Finikoudes promenade
• Excellent conversion potential:
— Boutique hotel
— Serviced apartments
— Short-lets / Airbnb model
• Long-term asset appreciation in a rapidly developing city center

This asset delivers immediate returns with strong upside potential through repositioning and redevelopment.

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
€164,600 ($189,519)
If buying on joint names
€161,200 ($185,604)

Disclaimer - Property reference 1928241. 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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