Situated in the heart of the highly sought-after Agios Lazaros area of Larnaca, this exceptional commercial property presents a rare opportunity to acquire a listed traditional house together with an adjacent plot, offering outstanding development potential in one of the city's most prestigious and historic locations.

The property comprises a 455 sqm plot with a listed stone-built house and an additional adjoining plot of 281 sqm, creating an excellent opportunity for a unique hospitality or commercial development. The property is offered with architectural plans for a boutique hotel, while the Planning Permit is expected to be issued shortly, allowing the new owner to move forward with the project without unnecessary delays.

As the existing building is a listed property, it must be carefully restored and renovated, preserving its traditional architectural character. A significant advantage is that the restoration of listed buildings in Cyprus is eligible for government grants and financial incentives, making this an attractive investment with substantial long-term value.

This is a truly rare opportunity to invest in a landmark property with significant commercial potential, combining the charm of Larnaca's historic centre with the benefits of a carefully planned hospitality development. Whether you are an investor or developer, this property offers exceptional prospects in one of Cyprus' most sought-after locations.

Contact us today for further information or to arrange a viewing.