Other, For Sale, Larnaca, Larnaca Center

Unique investment opportunity with immediate profit effect and high ROI.
2 Title deeds issued.
• 2 WiFi high speed connections with Cablenet.
• 3 independent EAC (electricity) connections for the shop, 1st floor and 2nd floor.
• New plumbing and electricity provisions.
• New installation of sound proof and UV protection windows with mosquito nets, high quality tiles , 10 brand new inverter AC units.
• New kitchen appliances: kitchen counter tops, sinks, taps, 2 fridges and dishwasher.
• New toilet appliances: counter tops sinks, shower and toilets.
• New lighting inside and outside.
• New remote access panel for the reception management.
The total area is 408m2, located on the land of 204m2, offers 2 floors & a shop with 12 offices/rooms in total.
The property can be used as an office or clinic. The location is very busy 24/7 all year around. The building offers facilities such as 2 kitchens, 3 bathrooms, server room area, reception area on each floor, shop and 4 verandas.
1st floor:
1) A shop with 2 rooms, kitchen and toilet, with separate entrance, facing the main street (approx. 60m2 covered area)
2) An office/apartment with separate entrance, 4 rooms, reception, kitchen, bathroom, 2 verandas, corridors (approx. 100m2 covered area)
3) Verandas of approx. 30m2
2nd floor:
1) An office/apartment with separate entrance, 6 rooms, reception, kitchen, bathroom, toilet, 2 verandas, corridors, server area. (approx. 140m2)
2) Verandas of approx. 20m2
Technical details: Urban Zone: Pa4 Maximum Building Factor: 240% Maximum Coverage Factor: 70% Maximum Number of Floors: 4 Maximum Height (meters): 13.1 meters.
The property is owned by a holding company, so the new owner can purchase the shares of the company (and avoid paying transfer fees in the Land Registry) instead of buying the property.
May be subject to vat.
For further details, contact us.