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Commercial for sale

Larnaca, Cyprus

£120,452 *  [€145,000]

Commercial for sale

Larnaca, Cyprus

£120,452 *  [€145,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Habitable space: 40 m2

Features


  • Aircondition, Split system
  • Easy access to main roads
  • Connected to electric mains
  • Municipal water/sewage
  • Entrance gate
  • Internal stairs
  • Business facilities
  • Double glazing
  • Near bus route
  • Near amenities
  • Kitchen
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Full Description


The shop is in Larnaca city center very close to the St. Lazaros church.

Located in a prime commercial area near Ayios Lazaros Church and just west of Foinikoudes Beach, this shop offers excellent visibility and accessibility.

Situated in a mixed-use building constructed in the late '90s, the property (Shop No. 4) features an open-plan office space, an internal staircase leading to a mezzanine with a small kitchen and toilet.

According to the Title Deeds shops have right to use the yard.

The property falls within Zone ?a8a, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (7m) of construction.

The property is currently rented.

The asset starts with a 5.8% yield, increasing every 2 years by 7%, reaching 6.9% by 2030 under a 6-year contract. This structured growth enhances long-term returns.

There is a separate title deed for this property.
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Map may not show exact location

This property listing (ref: 50336) is an advertisement supplied by Kalogirou Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8307 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.