€522,500 $534,961
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Pay in USD and save up to $18,724Key features
- Listing ID: 1455741 (149851)
- Total covered area: 712 sqm
Description
Mixed Use Building in Sotiros, Larnaca Discover the charm and potential of this prominent mixed use building located in the vibrant neighborhood of Sotiros, Larnaca. Spanning an impressive plot area of 495 square meters, this semidetached, threestorey structure, built in 1986, comprises a diverse array of residential and commercial opportunities. Encompassing a total built area of approximately 712 square meters, the ground floor features a spacious commercial shop with an enclosed area of 210 square meters and an additional mezzanine of 110 square meters. This prime retail space, conveniently situated just 85 meters from the motorway, provides exceptional visibility and accessibility, making it perfect for a variety of business ventures. On the upper floors, the building offers four thoughtfully designed apartments. The first floor includes two comfortable units one with a generous enclosed area of 122 square meters complemented by 24 square meters of covered balconies, and a second unit featuring 80 square meters along with 12 square meters of covered balconies. On the second floor, you will find two additional apartments, one with 110 square meters and 22 square meters of covered balconies and the other featuring 80 square meters with 12 square meters of covered balconies. Each residence provides a tranquil retreat, allowing for a perfect blend of living and leisure. The property is nestled within a central location, making it a lifestyle haven where you can enjoy the conveniences of urban living. Enjoy a short stroll to local amenities such as banks, pharmacies, hairdressers, beauty salons, bakeries and parks. Schools, supermarkets, childrens play areas and a communal swimming pool are also just five minutes away, catering to the needs of families and individuals alike. The energy efficiency class of the building is rated as D, indicating potential areas for improvement in sustainability features. The exterior of the building benefits from wellmaintained tarmac access ensuring ease of commute. Investment opportunities abound with a notable building coefficient of 140 and coverage of 50, providing possibilities for future extensions. The property has a title deed available and is situated in Zone Κα3, permitting construction up to four floors with a maximum height of 17 meters. Embrace the lifestyle this prime location offers, coupled with the versatility of the building itself. Whether you envision a thriving business on the ground floor while residing in one of the welcoming apartments above or are considering a lucrative investment, this property presents an exceptional opportunity in the heart of Larnaca. Do not miss out on the chance to explore the potential of this mixed use building in Sotiros. Experience the blend of dynamic urban life with the comfort of home in this remarkable setting. Schedule your viewing today and step into a world of possibilities.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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