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Commercial Building in Sotiros, Larnaca, Larnaca


Sotiros, Larnaca

REF: B-121320
€3,950,000
ENQUIRE NOW
Available
Property for Sale in Larnaca, Larnaca, Cyprus
Property for Sale in Larnaca, Larnaca, Cyprus

Enquire about this property

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Internal Area (sq.m.)
2224m2
Plot/land (sq.m.)
920m2

Property Details

Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Commercial
  • Location: Larnaca, Larnaca, Cyprus
  • Internal Area: 2224sqm
  • Price: €3,950,000
  • VAT: N/A
  • Loan Installment: €19,362

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Assumptions:
Closing Price: €3,950,000
Own Contribution (30%): €1,185,000
Loan Amount (70%): €2,765,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Renovation Year: 2020
  • Total No of Floors: 5
  • Plot/Land Size: 920sqm
  • Units: 5
  • Exclusive Listing: Yes
  • Reference: B-121320
  • Energy Efficiency Certificate: In Progress

Property Description

Commercial Building in Larnaca Centre.
Complete Building is rented out with contract terms and with a very good return yield.

Each floor area:
Ground Floor 379m2

Mezzanine 166m2

First floor 394m2

Second floor 387m2

Third floor 335m2

Fourth floor 307m2

Fifth floor 255m2

Total Internal area 2,223m2

Covered veranda Area 118m2

Covered Roof top seating area & kitchen facilities.

Basement & Ground floor parking.

*TRANSFER OF THE COMPANY SHARES CAN APPLY THUS AVOIDING TRANSFER FEES AT THE LAND REGISTRY.

For further details please contact agent on +357-99640461

Stelios Stylianou logo

Stelios Stylianou

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Additional Details

Parking-Covered
Parking-Uncovered
Title deed or under separation
With Title deed
Use of building
Commercial
No of parking spaces
20
Air Conditioning

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