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Property 6042 Larnaca / 33354

Fully Renovated Mixed-use Building With 13 Apartments, 1 Shop, And Basement Parking In Prime Location.

  • Thumbnail 1 Property 6042 Larnaca / 33354

For Sale • Deal

4,300,000€

Estimated Mortgage

/month

1323

m2

1063

Plot m2

Community

Property Type

Building

District

Larnaca

Covered/Built m2

1323 m2

Plot m2

1063 m2

Property Description

Fully Renovated Mixed - use Building of 1.323sqm. total covered area on a large plot of 1.063sqm. in Port area, Larnaca. The building consists of 13 apartments (with the provisions to be converted into 20 units), 1 shop and basement with 13 parking spaces.

The plot falls within 2 zones:

  • * 51% of the plot - zone Eb1 with building density 200%, coverage 50% and 6 floors allowance.
  • * 49% of the plot - zone Ka4 with building density 120%, coverage 50% and 3 floors allowance, so there is unused building density.
  • The shop is currently rented for €20.400/year and the whole remaining building for €160.000 + V.A.T./year with a 4% increase every 2 years.
  • The plot has double frontage (on 2 parallel streets) and is perfectly located just 280m from the sea, within walking distance to all the amenities, Larnaca center, Finikoudes and the new Marina.
  • For more information you can contact us.

Sustainability

Solar Panels/ Photovoltaic

Energy Efficency Rating

No Required/ Pending

Property Highlights

Balcony

Veranda/Porch

Resale

Unfurnished

Basement

Location

Property 6042 Larnaca / 33354
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

168,600 €

Transfer Fees Joint Names

165,200 €

Stamp Duty

8,508 €

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