€650,000 €3,824/m²

170m² Commercial for Sale in Larnaca District

Larnaca district Posted 2 months ago Updated 2 months ago
170 m²Covered area
Pre-OwnedCondition
YesParking
  • Sea view
  • Yes
Kalogirou Real Estate
Kalogirou Real Estate Agency · R.N.:1104 L.N.:569/E 4,571 for sale · 329 for rent

About this home

Prime Location 5 Commercial Shops in Makenzy, Larnaca.

Located in one of Larnaca's most desirable and rapidly developing areas, these five commercial shops, held under five separate Title Deeds, offer an outstanding investment opportunity just moments from the famous Makenzy Beach and Larnaca Seafront. Surrounded by established businesses, cafés, restaurants, hotels, and year-round tourist activity, the property enjoys excellent visibility and a strategic location with easy access to Larnaca City Centre and Larnaca International Airport.

The property comprises a total internal covered area of approximately 170 m² and consists of one double shop measuring 59 m², together with four additional shops measuring 32 m², 30 m², 28 m², and 21 m² respectively. The variety of shop sizes offers excellent flexibility for a wide range of commercial uses and future investment opportunities.

The property is currently leased to a long-term tenant until September 2029, providing immediate rental income from day one and offering investors the benefit of a secure, hassle-free investment. The tenant is responsible for the property's operating expenses, ensuring minimal owner involvement.

Positioned within one of Cyprus' fastest-growing coastal destinations, the property is expected to benefit from the ongoing regeneration and major infrastructure investments transforming the Larnaca seafront. Its exceptional location, combined with strong commercial demand and excellent long-term growth prospects, makes it a valuable addition to any investment portfolio.

Whether you are seeking a secure income-producing asset or a strategic long-term investment in one of Larnaca's most sought-after locations, this property offers an exceptional opportunity for stable returns and future capital appreciation.

Title Deeds Available.

Reference
56820
Property type
Other Commercial
Parking
Uncovered, Yes
Pool
Yes
Air conditioning
All rooms, Yes
Title deed
Has Title

What it will really cost

Asking price€650,000
Title transfer fee ~€22,600
Title deedHas Title
Estimated total€672,600
Mortgage estimate
Monthly payment

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

How the price compares

80% above
average

At €3,824/m² compared with an average €2,125/m² across 59 similar listings — other commercial in Larnaca.

Asking price per m²This home
Average €2,125 This home €3,824
€375€2,688€5,000

Location

Larnaca district

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