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1680m² Building for Sale in Larnaca - Sotiros

Posted: 11 months ago
Modified: 7 months ago
Views: 7

Brand New
1680m²

€1 350 000
+ VAT

Price per m²

€804/m²

VAT

Not Included in Price

VAT for this property is €239,625 (Reduced 5% rate) or €256,500 (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

Ref. #: SA32206
Plot area: 759m²

Energy Efficiency: N/A

Reference ID: #SA32206
Price details: €1,350,000

Mixed use, Commercial and Residential building in Sotiros area of Larnaca.
It is located along a main road at a small distance from Metropolis Mall and many amenities.
The immediate area of the property comprises commercial, residential and mixed use buildings and enjoys easy access to the centre of Larnaca and the motorway.
The building is partially completed, with the ground floor shop and basement completed and the upper floors on the skeleton.
The shop is currently rented.
A building permit has been obtained.

The asset falls within commercial planning zone Εβ2 (68%) and Residential Planning Zone Κα3 (32%, with building density coefficient of 180%/140%, coverage coefficient 50%, in 6/4 floors and a maximum height of 24/17m.