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1633m² Building for Sale in Larnaca District

  • 6+
  • Brand New
  • 1633m²
  • 2020
  • €13 000 000
  • + VAT
Price per m²
€7961/m²
VAT
Not Included in Price
VAT for this property is €2,247,097 (Reduced 5% rate) or €2,470,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Ref. #: 31739
  • Plot area: 980m²

This modern 4-storey hotel is conveniently located in the historic center of Larnaca on a charming side street, within walking distance of local attractions and the shopping area. There are 2 bars and a restaurant on site.
It features a rooftop pool with magnificent views of the Mediterranean Sea(500 m). The hotel is located near the Church of St. Lazarus and the medieval castle of Larnaca.
This is our guests ‘ favorite part of Larnaca, according to independent reviews. The hotel was opened in 2020.
Internal rate of return (GNR) IRR 12%
Features:

Free parking
Gym
Wi-Fi
Luggage storage
Outdoor swimming pool
Laundry room
Concierge service

Still have questions? Reach out to listing owner.
Is there a title deed? How big is the covered veranda? How big is the uncovered veranda? Is there a pool on the property? What amenities are available? What is the maximum number of floors allowed?
  • District: Larnaca
  • €13 000 000
  • + VAT
Price per m²
€7961/m²
VAT
Not Included in Price
VAT for this property is €2,247,097 (Reduced 5% rate) or €2,470,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Agency
  • R.N.:690 L.N.:367/E
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