Ref. No. 21387 Shop

€850,000 No VAT
Larnaka Town Larnaka
Shop Commercial
559m² Covered
Sales Agent Stefanos Constantinou

Property Description

This property is a shop on the ground floor of the mixed use building “Laiki Building” in Larnaca.

Asset is adjacent to Lordou Vyronos Street, west of Larnaca Police Station and north of Foinikoudes in the center of Larnaca.

The property has a 423sqm ground floor and a 136sqm mezzanine and is currently divided internally in two units with separate entrance for each unit. Unit 1 comprises of an 81sqm open plan ground floor and a 136sqm mezzanine with storage space and toilet facilities. The unit benefits from a 7m facade. Unit 2 comprises of a 342sqm ground floor with an open plan layout with toilet facilities and kitchenette and a 10m facade.

The immediate area of the property is the commercial center of the Larnaca that comprises of commercial and residential developments.

The property falls within planning zone Πα4 with building density coefficient of 240%, coverage coefficient 70%, in 4 floors and a maximum height of 13,1m.

The property is partially occupied.
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

€32,208
BUYING AS AN INDIVIDUAL
€30,600 Transfer fees + €1,608 Stamp Duty
€28,808
BUYING ON JOINT NAMES
€27,200 Transfer fees + €1,608 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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