Listed Traditional House in Skala, Larnaca

Listed Traditional House for Sale – Skala, Larnaca | €265.000

A rare opportunity to acquire a listed (preserved) house in the historic Skala area of Larnaca, offering excellent potential for restoration, investment, or the creation of a distinctive character residence.

Originally dating from approximately 1940, the property sits on a plot of around 134 sq.m. and retains the charm and architectural identity associated with the traditional neighbourhood of Skala.

The property requires complete renovation and, due to its listed status, all restoration works will need to be carried out in accordance with the relevant planning and heritage regulations and are subject to the necessary licences and approvals. The building is currently vacant and not habitable in its present condition, and has been secured by the local authority pending restoration works; demolition is not permitted, so the lawful route is bracing followed by a full heritage restoration.

Key details:

Location: Skala, Larnaca Listed / preserved property (preservation order in force) Approx. 134 sq.m. land Internal spaces: 60 sq.m. enclosed ground-floor area Approx. 74 sq.m. of open courtyard / uncovered space Existing property dating from circa 1940 Ground-floor dwelling with courtyard, single storey Condition: requires full renovation Indicative renovation budget: approximately €200,000 No parking; not lettable in its present condition Planning zone: Πα6 – Areas of Cores and Continuous Development Building density: 180% (permitted buildable area approx. 241 sq.m.) Residual / unused building coefficient: approx. 181 sq.m. Coverage: 70% (approx. 94 sq.m. permitted, of which 60 sq.m. is already covered by the existing building) Up to 3 floors Maximum height: approximately 10 m

An important advantage of listed properties in Cyprus is the potential to benefit from government restoration incentives and other planning-related benefits. Subject to the property's eligibility and the approval of the relevant authorities, these may include restoration grants (up to €100,000 per building), the right to transfer the unused building coefficient to another plot, and a series of tax exemptions. All available benefits and development rights should be verified with the relevant authorities and a qualified architect.

This property is particularly suitable for a buyer who understands the value of restoring a heritage building and wishes to create something unique in one of Larnaca's most characterful traditional areas.

An opportunity to restore a piece of Skala's architectural heritage while potentially benefiting from substantial listed-building incentives.