Full Description
Ground Floor Shop with Mezzanine in the heart of Larnaca City Center. Within walking distance to the beach, shops, the promenade, Greek and English Schools, pharmacy, banks, fishing marina, Larnaca Marina, amenities, entertainment facilities, cafes and few minutes walking distance to the Finikoudes beach. A short drive to the harbor and international airport of Larnaca.
Shop for sale in a prime commercial area of Larnaca centre. The shop is situated in a mixed use building, has internal covered area of 36 sqm and offers excellent visibility and accessibility. It 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.
According to the Title Deeds shops have right to use the yard.
The property falls within Zone ?a8a, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (7m) of construction.
It is noted that the property is currently rented.
The asset starts with a 5.7% yield, increasing every 2 years by 7%, reaching 6.6% by 2030 under a 6-year contract. This structured growth enhances long-term returns.
The shop has a separate title deed.
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