Ref. No. 21372 Shop

€500,000 No VAT
Larnaka Town Larnaka
Shop Commercial
295m² Covered
Sales Agent Stefanos Constantinou

Property Description

The property 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 of an open plan retail space on the ground floor and a mezzanine. Also parking space is available on the north part of the property and is controlled by a vehicle entry barrier.

The total area of the units is: Ground floor’s 295 sqm and mezzanine’s 152 sqm.

The property benefits from its exceptional location as it is situated on a very famous shopping are in Larnaca’s city centre.

The immediate area mainly comprises of commercial developments with multi storey buildings consisting of shops on the ground floor and offices on the upper floors.

The property falls within a dual planning zone, commercial Eβ2 with building density coefficient 180%, coverage coefficient 50%, in 6 floors and residential Kα4 with building density coefficient 120%, coverage coefficient 50%, in 3 floors.

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.

Property Features

No VAT

Transfer Fees

€17,508
BUYING AS AN INDIVIDUAL
€16,600 Transfer fees + €908 Stamp Duty
€14,108
BUYING ON JOINT NAMES
€13,200 Transfer fees + €908 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
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