Commercial building for sale in Larnaca

€1,300,000

Aradippou, Larnaca

Property description

Commercial buildingin Agios Fanourios quarter of Aradippou Municipality. It is situated at a distance of 1 km northwest of GSZ Stadium and 280 meters south of LIDL supermarket.

The area of the property designates a plethora of amenities and services such as supermarkets, schools, shops etc. In addition, it has excellent access to the motorway and the city of Larnaca.

The building consists of a ground floor showroom, a mezzanine, two upper floors with office spaces and a basement.

The groundfloor area/showroom is 400 sqm (approx.) plus 200sqm the mezzanine and 700 sqm the basement. The 1st and 2nd floor of the building has total area of 700sqm.

It is noted that the ground floor and the mezzanine levelis rented for €2000/month while the rest of the building is vacant.By renting out all the units of the building, the property can offera high yield of over 5%.

Energy efficiency

Covered area

1,300 m²

Plot area

3,333 m²

Title deed

Full

Condition

Resale

Elevator

Yes

Planning characteristics

Zone	Cover factor	Build factor	Max floors	Max height	Affected percentage
Εβ4	50%	140%	4	-	-
Κα5	50%	100%	3	-	-

Registration details

Reg. no.	Sheet/Plan	Block	Parcel no.	Share
7/736, 7/572	40/55W1, 40/55W1	-	1010, 848	45%

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