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Fully renovated building in Larnaca located in a very central position and in one of the busiest commercial areas. The building is just a short walk for the Finikoudes promenade and the new Marina.
Description:
The land is 1,063m2 and plot falls within 2 Zones
zone Ka4 (49%) and Εβ1 (51%) Building density is 120% and 200% respectively
Building has a total area of 1,323m2 including covered verandah and consists of :
13 apartments (that have the provisions to be converted into20 Units)
1 supermarket, Basement with 13 parking
The Supermarket and apartments are all currently rented but could vacate the property before the closing date.
In addition to the existing renovated building,
The issued of plaining permit also authorizes the further construction of another 11 apartments above the current building which would add a further 1,377m2 of covered areas (these 11 apartments can also be converted into 23 units)
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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