viotopo - Cyprus real estate marketplace

Property 6042 Larnaca / 35152

Unique Opportunity To Run A Business In Larnaca With Bar, Restaurant, And Guest Rooms.

-94%

Opportunity!

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Why is this Property Classified as an Opportunity?

Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.

Larnaca Indicative Price

3,043.29 €

This Property

190.00 €

For Sale • Deal

95,000€

Estimated Mortgage

/month

5

beds

7

baths

500

m2

Community

Property Type

Flat

Bedrooms

5

Bathrooms

7

District

Larnaca

Covered/Built m2

500 m2

Plot m2

350 m2

Property Description

Unique opportunity is available to run your own business in the heart of Larnaca. Please note it is a lease hold business, you will purchase the company and the company owns the leasehold, the monthly rent is approximately 1800 per month. The property is located in the center of Larnaca, 5 minutes walk to the famous Finikouldies beach. The property consists of a Bar and restaurant on the ground floor, surrounded by gorgeous trees for privacy and ambience, there is a commercial kitchen and an office also on the ground floor, in addition there is a street entrance to the restaurant/bar and a separate entrance for the accommodation.

There is 5 guest rooms on the upper floor each rooms has its own bathroom and are fitted with Air conditioners, there is also a communal sitting area off the guest rooms that has an outdoor stair case leading to the restaurant. Definitely a great investment opportunity and the location is superb. For more information or viewing please contact Sandi

Sustainability

Solar Panels/ Photovoltaic

Energy Efficency Rating

No Required/ Pending

Property Highlights

Balcony

Uncovered Veranda

Veranda/Porch

Resale

Electricity

Water

Alarm System

Dinning Room

Lounge

Storage Room

Utility

Location

Property 6042 Larnaca / 35152
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

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Transfer Fees

Transfer Fees Individual

1,525 €

Transfer Fees Joint Names

1,425 €

Stamp Duty

135 €

For more information about the cost of buying a property in Cyprus click here