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Retail shop in Larnaca city center

  • €135,000
Larnaca, Inland, Larnaca Center, Larnaca, Cyprus

Overview

Property ID: 9270
  • Commercial, Office, Shop
  • Property Type
  • 36

Details

Updated on February 24, 2025 at 8:18 pm
  • Property ID: 9270
  • Price: €135,000
  • Property Size: 36 m²
  • Property Type: Commercial, Office, Shop
  • Property Status: For Sale, Resale

Features

Description

Retail shop in Larnaca city centre for sale

The shop is in Larnaca city centre, close to the St. Lazaros church.
Located in a prime commercial area near Ayios Lazaros Church and just west of Foinikoudes Beach, this shop offers excellent visibility and accessibility.
Situated in a mixed-use building constructed in the late ’90s, the property features an open-plan customer service area, grilling area, a small kitchen and an internal staircase leading to the mezzanine. The mezzanine consists of two toilets and storage area.

The property falls within Zone Πα8α, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (7m) of construction.

The property is currently rented.
The asset starts with a 5.7% yield, increasing by 7% every 2 years, reaching 6.6% by 2030 under a 6-year contract. This structured growth enhances long-term returns.

There is a separate title deed for this property.

  • City Larnaca
  • Area Inland, Larnaca Center
  • Country Cyprus

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