BUILDING FOR SALE LARNACA CENTER (1849)

@EUR 2.340.000

-Ground floor: 240 m2

-Mezzanine: 120 m2

-Basement: 240 m2. (used as parking, but can be used as storage as well)

-1st floor – 3rd floor offices (150 m2 covered area plus covered verandas)

-4th floor – 5th floor (each floor 150 m2) total 4 apartments of 2 bedrooms used as offices plus covered verandas

-Total 1110 m2 (without basement)

-Built year: 2009

-4 apartments

-3 offices

-Shop on ground with mezzanine & toilet & kitchen



Details :

Property Details:

Land Use: Commercial
Access Type: Registered Road
Road Relationship: One Side (Front)
Road Level: Ground Level
Shape: Regular
View: Normal
Environment: Normal
Obstacles: None
Nuisances: None
Parking Space: 1


Building 1: (Store with Mezzanine)

Real Use of Unit:
Year of Construction: 2009
Unit Condition: Very Good
Unit Category: Category "B"
Type of Unit Structure: Reinforced Concrete
Ground Floor Area: 265 sqm
Mezzanine Area: 154 sqm
Number of Floors: 1
Unit Problems: None
Type of Renovation: None
Road Relationship Code: One Side (Front)


Unit 2: (Office)

Real Use of Unit: Office
Year of Construction: 2009
Unit Condition: Very Good
Unit Category: Category "B"
Type of Unit Structure: Reinforced Concrete
Enclosed Area: 162 sqm
Covered Veranda Area: 34 sqm
Number of Doors: 2
Number of Floors: 1
Unit Problems: None
Type of Renovation: None
Road Relationship Code: One Side (Front)


Unit 3: (Office)

Real Use of Unit: Office
Year of Construction: 2009
Unit Condition: Very Good
Unit Category: Category "B"
Type of Unit Structure: Reinforced Concrete
Enclosed Area: 162 sqm
Covered Veranda Area: 34 sqm
Number of Doors: 3
Number of Floors: 1
Unit Problems: None
Type of Renovation: None
Road Relationship Code: One Side (Front)


Unit 4: (Office)

Real Use of Unit: Office
Year of Construction: 2009
Unit Condition: Very Good
Unit Category: Category "B"
Type of Unit Structure: Reinforced Concrete
Enclosed Area: 162 sqm
Covered Veranda Area: 34 sqm
Number of Doors: 1
Number of Floors: 1
Unit Problems: None
Type of Renovation: None
Road Relationship Code: One Side (Front)

Αn iconic landmark in the heart of Larnaca, offering a unique blend of commercial and residential spaces. Boasting a strategic location just 5 minutes from Larnaca's Airport and the vibrant Finikoudes square, this property presents an unparalleled investment opportunity in one of Cyprus's most sought-after locations.

Key Features:

Prime Location: Centrally positioned in Larnaca, offering convenient access to key amenities and transportation hubs.
Mixed-Use Building: Comprising five floors of versatile spaces suitable for various business ventures and residential purposes.
Basement Parking: A spacious basement spanning 500 square meters provides ample parking facilities for tenants and visitors.
Storage Rooms: Additional storage rooms available to cater to the needs of occupants.

Commercial Spaces: Ground floor and first three floors feature office spaces, ideal for businesses seeking a prominent and accessible location.
Residential Apartments: Fourth and fifth floors house four well-appointed apartments, each offering breathtaking views of the sea or mountains.
Expansive Terraces: Multiple terraces throughout the building offer outdoor space with panoramic views, perfect for relaxation or entertaining.

Investment Opportunity:

Priced at €2,600,000, a compelling investment proposition with a Return On Investment (ROI) of 3.8% annually. With a versatile layout and prime location, this property offers immense potential for rental income generation and capital appreciation over time. Whether utilized for commercial purposes or residential leasing, Stella-Maria Tower promises lucrative returns for savvy investors.

Deed and Ownership:
The property comes with a clear deed for the entire building, providing peace of mind to prospective buyers regarding ownership and legal documentation.

Seize the opportunity to acquire this prestigious property in Larnaca's bustling city center. Contact us today to schedule a viewing or obtain further information on Stella-Maria Tower and unlock its full investment potential.

The whole building is rented. The contracts can be negotiated with the new owner.