Property 6042 Larnaca / B-121817
Building For Sale In Larnaca, Skala Offering Commercial And Residential Spaces With Good Rental Yield.
4
For Sale • Deal
2,340,000€
Estimated Mortgage
/month
1130
m2
700
Plot m2
Overview
Property Description
A mixed-use building located in Artemidos Avenue, Larnaca city is up for sale. This building features one shop or showroom of about 240 square meters plus a 120 square meter mezzanine. It also includes three offices, each measuring 150 square meters and have balconies on the first, second, and third floors. The building offers four two-bedroom apartments each having 80 square meters of covered area and a 40 square meter balcony on the fourth and fifth floors.
The total covered area of the building is approximately 1130 square meters, inclusive of the basement, mezzanine, and balconies. The building is in excellent condition and is well built. All spaces are currently occupied with tenants, generating an annual rental income of 84,000, which equates to a yield of about 3.5 percent. There is potential for this yield to increase.
Viewings are strictly by appointment only. For further information, please contact 357-99-622002.
Sustainability
Solar Panels/ Photovoltaic
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Unfurnished
Location
3.89 kms
127.27 kms
1.61 kms
1.72 kms
1.91 kms
3.73 kms
5.44 kms
1.69 kms
2.24 kms
3.03 kms
3.12 kms
3.98 kms
4.96 kms
5.95 kms
7.31 kms
7.47 kms
7.58 kms
9.55 kms
1.11 kms
1.11 kms
1.13 kms
1.24 kms
1.38 kms
1.61 kms
1.93 kms
2.16 kms
2.65 kms
3.24 kms
3.93 kms
6.78 kms
8.07 kms
8.30 kms
9.95 kms
Transfer Fees
Transfer Fees Individual
90,200 €
Transfer Fees Joint Names
86,800 €
Stamp Duty
4,588 €