3500m² Building for Sale in Larnaca District
- ID: 7314082
- Posted: 2 months ago
- Modified: 2 months ago
- Pre-Owned
- 3500m²
- 2001-2010
Friendly and well-established hotel apartment complex with commercial shops, ideally located near the heart of Larnaca. The property is within walking distance to the town center, the renowned Palm Tree Promenade (Phinikoudes), and the Larnaca Marina. Larnaca International Airport is just a 10-minute drive away, while the town’s port lies only 600 meters from the property.
The hotel comprises 37 well-designed and spacious apartments, along with 17 retail shops, as follows:
3 Comfortable two-bedroom apartments
21 Spacious one-bedroom apartments
13 Cozy spacious studios
17 Retail shops
Important Notes
Valid planning permit allows the construction of an additional 22 rooms within the hotel plot
In 2024 and 2025, the reception area, 3rd floor, and 4th floor underwent full renovation, modernizing the complex
The sale involves 100% transfer of company shares, not subject to VAT or transfer fees.
Income source
Hotel apartment rentals
Monthly income from 17 commercial shop tenants
Support
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