Properties - mixed use building with shops and housefor sale in kamares larnaca

Two-storey, mixed use building (shops and a house) in a very good location in Agios Nikolaos Quarter in Larnaca Municipality, at a distance of 500 meters (approx.) south of GSZ stadium and new Mall and 630 meters (approx.) northwest of K-Cineplex. The property is ideally situated opposite a school and close to a plethora of amenities and services such as supermarkets, shops, restaurants etc. In addition, it enjoys excellent access to the motorway and Larnaca town center.

Within the property there are 3 shops turned into one larger shop on the ground floor and an upper floor 4 bedroom house on the first floor. The shop consists of a unified area, office and storage. The house consists of a sitting room/living room/dining room as an open space, kitchen, laundry room, storage, office, 4 bedrooms (the main with shower/WC and a wardrobe), bathroom and 3 covered verandas. The area of the internal spaces of the shop is 137 sqm (approx.) and the upper floor house is 206 sqm (approx.).

The plot is 539 sqm with building rights of 120%. The building can be extended vertically and could be ideal for mixed-use development/renovation.

Land registry official valuation (2018) €456.000

Excellent opportunity for minor refurbishment for rental income and further future development.