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Industrial Building for sale in Larnaca Municipality, Larnaca

Larnaca Municipality, Larnaca, Cyprus
Industrial Building for sale in Larnaca Municipality, Larnaca 4405 Larnaca Municipality
4800000 €4,800,000  ($5,005,438)
Industrial Building
Larnaca Municipality, Larnaca

€4,800,000  ($5,005,438)

STARMAX

STARMAX

Reg. No: 1267 / Licensed No: 514/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $175,190

Average Bank Rate (€4,800,000)
1 USD = 0.9265 EUR
$5,180,629

Mid-market rate (€4,800,000)
1 USD = 0.9590 EUR
$5,005,438

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: 1306524 (F_61127)

Description

The building complex, a five-storey building of shops and flats, is situated at Finikoudes seafront very close to the beach and the shopping centre of the town. This is perhaps the most central and promenade location in Larnaka. Currently the flats are offered to tourists and are licensed by the Cyprus Tourism Organization.The flats are on the top four storeysa€™s and, excluding corridors, stairways and common areas, cover an living area of 1570 square meters in total. The available area at ground floor is approximately 350 square meters.The proposed Boutique Hotel The existing building complex will be converted into a Boutique City Hotel. The hotel will consist of 42 suite and standard bedrooms plus reception, area, offices, kitchen bar, swimming pool or garden, steam bath and other services, roof garden etc. The new bedrooms will be on the top four storeya€™s as now and the ground floor will be developed into a lobby, restaurant, bar and other public areas. There will also be a mezzanine floor on which there will be the administration offices and a health club and gym.

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
€9,508 ($9,914)
If buying on joint names
€9,508 ($9,914)
Transfer fees
If buying as an individual
€188,600 ($196,672)
If buying on joint names
€185,200 ($193,126)

Disclaimer - Property reference 1306524. 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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