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Apartment Building for sale in Larnaca Municipality, Larnaca

Larnaca Municipality, Larnaca, Cyprus
Apartment Building for sale in Larnaca Municipality, Larnaca 4498 Larnaca Municipality
5000000 €5,000,000  ($5,277,808)
Apartment Building
Larnaca Municipality, Larnaca

€5,000,000  ($5,277,808)

Cyprus Properties

Cyprus Properties

Reg.num: 841 / Lic.num: 387/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $184,723

Average Bank Rate (€5,000,000)
1 USD = 0.9153 EUR
$5,462,531

Mid-market rate (€5,000,000)
1 USD = 0.9474 EUR
$5,277,808

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1074840 (27008)
  • Plot: 1063 sqm

Description

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)

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.

Stamp Duties
If buying as an individual
€9,908 ($10,458)
If buying on joint names
€9,908 ($10,458)
Transfer fees
If buying as an individual
€196,600 ($207,523)
If buying on joint names
€193,200 ($203,935)

Disclaimer - Property reference 1074840. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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