Property photos
Offers in region of
£218,268
€259,000
Land for sale
Aradippou, Larnaca, Cyprus1 reception
Local area information
Property location
This location is approximate only. Contact the agent for the exact address.
Nearby amenities
Features and description
- Unfurnished
- Listing id:
- Online viewing available. Request details for a live walkthrough.
Online viewing available.\nThis two-storey mixed-use commercial building offers a unique investment opportunity in the sought-after Apostolos Loucas parish of Aradippou, Larnaca and strategically located on a prominent corner of 25th Martiou Avenue and Agriniou Street.
The building consists of:
Ground Floor: A shop with a customer service area, a pre-cooked food room, meat processing facilities, a fridge room, a restroom, and a convenient external storage room.
Mezzanine: An open-plan area with fitted kitchen cupboards, accessible via a covered staircase leading to the roof.
First-floor apartment: A spacious three-bedroom flat with a bright open-plan dining and living area, a bathroom, and a mix of covered and uncovered verandas for relaxed living.
The ground floor is rented with a lease agreement of €500 monthly rent, expiration date of 30/08/2030, and indexation of 7% every two years.
The potential gross rental yield of the building with full occupancy can range from 6.9% to 7.4%, making it a great investment opportunity.
The asset is located approximately 1.8km from the A3 motorway, approximately 5km from the beach, and approximately 850m from the Aradippou community center.
The property falls within Zone Κα5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.
1st unit
Enclosed area size: 117sqm
Floor: Ground floor
WCs: 1
2nd unit
Enclosed area size: 65sqm
Floor: 1st
Kitchens: 1
3rd unit
Enclosed area size: 111sqm
Floor: 1st
Kitchens: 1
Bathrooms:1
WCs:1
You can tour this property via live video chat. We perform video walkthroughs via your favorite mobile chat app (Whatsapp or Viber). Request a viewing now.
The building consists of:
Ground Floor: A shop with a customer service area, a pre-cooked food room, meat processing facilities, a fridge room, a restroom, and a convenient external storage room.
Mezzanine: An open-plan area with fitted kitchen cupboards, accessible via a covered staircase leading to the roof.
First-floor apartment: A spacious three-bedroom flat with a bright open-plan dining and living area, a bathroom, and a mix of covered and uncovered verandas for relaxed living.
The ground floor is rented with a lease agreement of €500 monthly rent, expiration date of 30/08/2030, and indexation of 7% every two years.
The potential gross rental yield of the building with full occupancy can range from 6.9% to 7.4%, making it a great investment opportunity.
The asset is located approximately 1.8km from the A3 motorway, approximately 5km from the beach, and approximately 850m from the Aradippou community center.
The property falls within Zone Κα5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.
1st unit
Enclosed area size: 117sqm
Floor: Ground floor
WCs: 1
2nd unit
Enclosed area size: 65sqm
Floor: 1st
Kitchens: 1
3rd unit
Enclosed area size: 111sqm
Floor: 1st
Kitchens: 1
Bathrooms:1
WCs:1
You can tour this property via live video chat. We perform video walkthroughs via your favorite mobile chat app (Whatsapp or Viber). Request a viewing now.
Floor plans and tours
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
ADDRESS ESTATE AGENTS LTD
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Property descriptions and related information displayed on this page are marketing materials provided by - ADDRESS ESTATE AGENTS LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact ADDRESS ESTATE AGENTS LTD for full details and further information.