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Strategically located in the heart of Larnaca, this residence can easily be converted into a property ideal for owner-occupancy or investment. Although the residence is single-storey, the land is suitable for the development of 2 floors up to 8.3 meters, as it has a building coefficient of 1.4 and a coverage of 0.7.
The residence's parking space is located at the front, adjacent to the street, and is 24 square meters. Although it is offered with a separate title deed, it has been included in the sale price.
The area where the property is located is included in the Larnaca Municipality's upgrade plans, and the plans for its redevelopment have already begun.
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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.
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