€500,000 $520,606
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Pay in USD and save up to $18,221Key features
- Listing ID: 830945 (16287)
Description
The asset is a ground-floor retail unit positioned on Spyrou Kyprianou Avenue, Larnaca. The property is adjacent to Themidos Street and at a distance of 600m west of the Larnaca Port round-about. The shop comprises an open-plan retail space on the ground floor and a mezzanine. Also, parking space is available on the north part of the asset and is controlled by a vehicle entry barrier. The total area of the units is Ground floor 295 sqm and mezzanine 152 sqm. The property benefits from its exceptional location as it is situated in a very famous shopping area in Larnaca’s city center. The immediate area mainly comprises commercial developments with multi-story buildings consisting of shops on the ground floor and offices on the upper floors. The asset falls within a dual planning zone, commercial Eβ2 with a building density coefficient of 180%, and coverage coefficient of 50%, on 6 floors and residential Kα4 with a building density coefficient of 120%, coverage coefficient of 50%, on 3 floors.
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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