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

Loan calculator

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
Inter M Properties Specialist advisor for Cyprus purchases Phone contact

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