Retail shop in Larnaca city center
- €135,000
Overview
- Commercial
- 36 m²
Description
Retail shop in Larnaca city centre for sale
The shop is in Larnaca city centre, close to the St. Lazaros church.
Located in a prime commercial area near Ayios Lazaros Church and just west of Foinikoudes Beach, this shop offers excellent visibility and accessibility.
Situated in a mixed-use building constructed in the late ’90s, the property features an open-plan customer service area, grilling area, a small kitchen and an internal staircase leading to the mezzanine. The mezzanine consists of two toilets and storage area.
The property falls within Zone Πα8α, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (7m) of construction.
The property is currently rented.
The asset starts with a 5.7% yield, increasing by 7% every 2 years, reaching 6.6% by 2030 under a 6-year contract. This structured growth enhances long-term returns.
There is a separate title deed for this property.
Details
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Property ID 9270
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Price €135,000
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Property Size 36 m²
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Property Type Commercial
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Property Status Sold
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Condition RESALE
Features
Mortgage Calculator
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Down Payment
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Monthly Mortgage Payment
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