Shop which concerns the 1/2 undivided share, which corresponds to an area of approximately 294 sqm., in a central location in Sotiros quarter, of Larnaca Municipality, in Larnaca District. It is situated approximately 155m north of Larnaca fire station and approximately 25m west of Agios Georgios primary school. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access the center of Larnaca. It is an excellent location which designates an increased demand for commercial properties due to its attractiveness and accessibility. The shop bares the southern part of the plot which was built in the year 1980. The total area of the interior spaces amounts to 272 sq.m. (appox.). The property has a separate title deed.The property falls within the Commercial Zone Εβ2, having a building density of 180%. The shop is occupied. The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).
For guidance only — not a mortgage offer. Cyprus banks typically lend up to 70–80% of the value to non-residents and up to 80% to residents; ask us for an introduction to a lender.
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