Building for sale in Chrysopolitissa, Larnaca

The property for sale is a two-story residential building in the Chrysopolitissa Quarter of  Larnaca  Municipality. It is located along Agiou Neofytou Street (No 10), approximately 250 meters northeast of Pancyprian Lyceum Larnaca and approximately 500 meters west of Arch. Makariou III Avenue. It is situated in an area with good access to the city center, the Port, and the Larnaca Marina. Furthermore, the property is ideally situated close to a plethora of amenities and services such as schools, supermarkets, shops, etc. The building is approximately 60 years old and consists of a basement storage area of approximately 80 sqm, one house on the ground floor, and two flats on the upper floor. It is noted that the building was partially renovated. The ground floor house consists of two bedrooms, an office, a living/sitting area with a fireplace, a kitchen, and a main bathroom/ toilet. Outside there are verandas, a yard with a BBQ, and parking space.  The ground floor has a 175 sqm enclosed area. The upper floor is divided into two similar flats (west & east) that consist of one bedroom, dining/ living area, kitchen, and main bathroom. The 1st floor has a total enclosed area of 175 sq.m.The key advantage to this property is that the whole building is being sold making it suitable for both rental and private use. It is noted that the building is vacant. The property falls within the Residential Zone Ka3 having a building density coefficient of 140% on 4 floors.

Year built: 1961
Title deed: The property has a separate title deed
Planning zone: Κα3
Building Coefficient: 140%
Coverage Coefficient: 50%
Maximum Floors Allowed: 4
Maximum Building Height (m): 17
Total Covered Area: 350 m2
Plot: 475 m2