Mixed-use building in Larnaca city center

Ref No: 7932
€ 750,000

Description

The asset is a mixed-use two storey building in Larnaca city center. It is located 850m from Larnaca's old harbour and 250m from Arch. Kyprianou avenue.

The building has a corner position, abutting Leontiou Machaira and Kerkyras streets with a total frontage of 70m. It comprises storage space on the ground floor and two apartments on the first floor. The storage space and the apartments have a covered area of 736sqm and 39sqm covered verandas.

Each apartment consists of a hall area, living room, kitchen, guest toilet, bathroom and three bedrooms. Out of the two apartments, one has a barbeque area on the covered veranda.

The apartments are occupied with long term leases, for a tenancy period of 25 years. Additionally, the ground floor is leased to a charitable organization.

Energy Performance Classifications for the Shop: Energy Class C
Energy Performance Classifications for the Apartments: Energy Class E

Main Features

Land area
744 m2
VAT
No
Occupied
Yes
Covered Area
736 m2
Total area
775 m2
Town planning zone
Commercial
Building density
120 %
Coverage ratio
50 %
Max floors
3
District
Larnaca
Community
Larnaca Municipality
Reg. No.
5/1354
Year of construction
1985