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Building for sale in Larnaca, Larnaca

Larnaca, Larnaca, Cyprus
Building for sale in Larnaca, Larnaca 521 Larnaca
1370000 €1,370,000 ($1,554,169)
Building
Larnaca, Larnaca
€1,370,000  ($1,554,169)
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Compared currency flag Pay in USD and save up to $54,396

Average Bank Rate (€1,370,000)
1 USD = 0.8517 EUR
$1,608,565

Mid-market rate (€1,370,000)
1 USD = 0.8815 EUR
$1,554,169

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: 632670
  • Plot: 556 sqm

Description

This building is excellently located on a corner plot in Larnaca, only a short distance from the main town centre and 150m from the Finikudes beachfront it is among all amenities being on the main road in a commercial area. It consists of shop on ground floor 164m2 with mezanine 98m2 currently rented to a bank and apartments on the above 6 floors (some of which are office space and rented). There is a duplex apartment on top that takes the 5th and 6th floor with a covered area of 200m2 and 100m2 vreanda, currently also rented out for 600euros per month. Total rents received from the building are almost 56,000 euros per year. Sea view offered from third floor upwards. Each floor has an approximate covered area of 154m plus 12m2 veranda. Due to changes in the build factor there is now allowance to build more flats on top.

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
€3,003 ($2,648)
If buying on joint names
€3,003 ($2,648)
Transfer fees
If buying as an individual
€58,310 ($51,400)
If buying on joint names
€54,453 ($48,000)

Disclaimer - Property reference 632670. 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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