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Property 6042 Larnaca / B-102298

A Mixed-use Building For Sale In Chrysopolitissa, Larnaca. Built In 1981, It Comprises Offices, Storage, And A Parking Area. The Property Is Currently

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For Sale • Deal

495,000€

Estimated Mortgage

/month

40

m2

543

Plot m2

Community

Property Type

Building

District

Larnaca

Covered/Built m2

40 m2

Plot m2

543 m2

Property Description

This building, located in the community of Chrysopolitissa within the Larnaca district, presents a unique investment opportunity for potential buyers. The building, constructed in 1981, is a mixed-use establishment currently catering to various business needs. It offers a total internal area of 40.00 square meters and is situated within two town planning zones. Notably, 70% of the building lies in Zone 5, characterized by a building density of 210%, coverage of 70%, potential for 3 floors, and a maximum height of 10 meters.

The remaining 30% of the building falls in Zone Ka3, with a building density of 140%, coverage of 50%, the possibility of erecting 4 floors, and a maximum height of 17 meters. The building currently has unused density of 650m2 which provides room for future expansion or remodeling. The property includes three office spaces or shops, each accompanied by a storage or warehouse room. One of these spaces has previously been utilized as a gym or dance studio, showcasing the versatility of the property.

The building features a parking area at the back for customer convenience, with one uncovered parking spot and five covered spots. Despite its age, the property is in a resale condition and comes unfurnished, allowing the new owner to tailor the interiors according to their preference. With its strategic location and flexible use, this building represents a sound investment opportunity in the bustling city of Larnaca.

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 6042 Larnaca / B-102298
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

16,400 €

Transfer Fees Joint Names

13,000 €

Stamp Duty

898 €

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