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Commercial Building
Sotiros Agios Ioannis Larnaca, Larnaca

€1,300,000  ($1,498,257)

Cyprus Properties

Cyprus Properties

Reg.num: 841 / Lic.num: 387/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 $52,439

Average Bank Rate (€1,300,000)
1 USD = 0.8383 EUR
$1,550,696

Mid-market rate (€1,300,000)
1 USD = 0.8677 EUR
$1,498,257

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: 1827110 (37590)
  • Plot: 759 sqm

Description

For Sale: 759 m² Plot with Unfinished Building, Permit & Plans – Sold As Is

A rare opportunity to acquire a commercial development project in the prime area of Sotiros, Larnaca. This large 759 m² plot comes with an existing unfinished building, approved architectural plans for a commercial building with offices, and a valid building permit, which can be renewed within a month.

The project is designed for a multi-storey office/commercial building, with development potential of up to 5 floors. Construction has already started but will not be continued, making this a ready-made opportunity for investors or developers to step in and complete the project as desired.

-Development Type: Commercial building with office space

-Building Status: Existing unfinished structure

-Construction: Started but discontinued

-Architectural Plans: Approved and included

- Building Permit: Existing and renewable within a month

-Sale Condition: Sold as is – ready for takeover and completion

-Development Potential: Up to 5 floors

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
€48,600 ($56,012)
If buying on joint names
€45,200 ($52,093)

Disclaimer - Property reference 1827110. 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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