For Sale
Shop With Basement On Griva Digeni Avenue, Larnaca 604m²
Larnaka Town Center, Larnaca
6 floors
€645,000
Description
The property is a former bank branch on a central avenue in Larnaca.
It consists of a ground floor of 281sqm with a large open space, several partitioned offices, and sanitary facilities. The basement (323sqm) contains storage space, sanitary facilities, and a kitchenette. The property has a total road frontage of 19m.
The ground floor is finished in fitted carpet and ceramic tiles and laminated PVC for the sanitary areas. There is a lowered false ceiling allowing for mobility of services and lighting according to needs. The basement is finished with ceramic tiles. The property has air-conditioning units throughout.
The surrounding area has a mixed residential and commercial use with several services for everyday needs like kiosks and bakeries in the vicinity. The wider area is well developed and consists mostly of residential and mixed-use buildings including hotels and other tourist related development.
The asset falls within two planning zones:
- Εβ1, with building density coefficient 200%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
- Κα3, with building density coefficient 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17m.
Characteristics
| Price | €645,000 |
|---|---|
| Price per m² | €1,068/m2 |
| Area | 604 m2 |
| Floor | Floor 6 |
| Parking | 0 |
| Covered parking | 1 |
| Availability | Ready |
| Contract type | Sale |
| Listing code | 4113 |
| Published | 15/04/2025 |
Location
Larnaka Town Center, Larnaca — Approximate area
Monthly payment
€2,064
Indicative calculation
Purchase cost estimate
Estimated total
€645,000
Adjust the assumptions for this transaction.
Indicative planning estimate only. Taxes and fees depend on the transaction; obtain independent legal and tax advice.
Rental yield estimate
Estimated yield
0.00% gross
0.00% net after annual expenses
Illustrative only; occupancy, maintenance, tax and financing are not automatically included.
Publisher information
Inter M Properties
Specialist advisor for Cyprus purchases
Phone contact