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1100m² Building for Sale in Aradippou, Larnaca District

ID: 853762
Posted: 11 months ago
Modified: 3 hours ago

Under Construction
1100m²

€1 300 000
+ VAT
↓ €100 000 (7.14%)

Price per m²

€1182/m²

VAT

Not Included in Price

VAT for this property is €222,182 (Reduced 5% rate) or €247,000 (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

Price History

Ref. #: SA25926
Plot area: 3333m²

Energy Efficiency: N/A
Covered Veranda: 200 m²

Reference ID: #SA25926Price details: €1,300,000Commercial building in Agios Fanourios quarter of Aradippou Municipality.The area of the property designates a plethora of amenities and services such as supermarkets, schools, shops etc.In addition, it has excellent access to the motorway and the city of Larnaca.The building consists of a ground floor showroom, a mezzanine, two upper floors with office spaces and a basement.The ground floor area/showroom is 400 sqm (approx.) plus 200sqm the mezzanine and 700 sqm the basement. The 1st and 2nd floor of the building has total area of 700sqm.It is noted that the ground floor and the mezzanine level is rented for €2000/month while the rest of the building is vacant. By renting out all the units of the building, the property can offera high yield of over 5%.