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Mixed-use building in Agios Fanourios, Aradippou, Larnaca

Ref No: 7474

€ 1,200,000

Description

The asset is a three-storey mixed-use building named "P.Z.A. Court" in Agios Fanourios quarter, Aradippou. The asset is situated on a corner plot along Ellados and Eleftherias avenues, 500m from the industrial area of Aradippou. The building was constructed in 2009. It comprises of a showroom with mezzanine on the ground floor and four apartments on the upper floors, while the basement consists of covered parking spaces. The showroom comprises an open space, WC and five storage rooms on the ground floor and an open plan space with storage room on the mezzanine. First and second floors are identical and comprise two apartments each. Currently, two are vacant and two are occupied and they used as offices.

Energy Performance Classifications for shops: Energy Class C
Energy Performance Classifications for apartments: Energy Class D

Main Features

13
VAT
No
Occupied
Yes
Status
For sale

Other Features

Land Registry

District
Larnaca
Community
Aradippou Municipality
Reg. No.
7/1048
Sheet/Plan
40/55E1
Parcel
1312

Areas

Covered Area
970 m2
Total area
1,310 m2
Land area
900 m2
Covered verandas
335 m2
Mezzanine area
185 m2
Basement area
510 m2

Further Features

Year of construction
2009

Town Planning

Town planning zone
Commercial
Building density
140 %
Coverage ratio
50 %
Max floors
4
Max height
17 m

Legal disclaimer

The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

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