£2,769,292

25 bed property for sale

  1. Property photo 1 of 1.

£2,769,292

€3,200,000 (€248/sq. ft)

25 bed property for sale

Larnaca, Skala

25 beds
12,917 sq. ft

Local area information

Property location

This location is approximate only. Contact the agent for the exact address.

Nearby amenities

Features and description

  • Rental potential
  • Sea view
  • Walking distance to beach
  • Near amenities
  • Easy access to main roads
  • Easy access to highway
  • Aircondition, Split system
  • Heating, Split system
  • Parking, Uncovered
Prime Mixed-Use Investment Building – Town Centre, Larnaca (15711)

A rare opportunity to acquire a five-storey mixed-use investment building in the heart of Larnaca Town Centre, positioned just 100 metres from the beach and within walking distance of the city’s most iconic coastal and commercial landmarks.

The property enjoys a strategic, high-demand location, approximately 3 minutes’ walk from retail shops, the renowned Palm Trees (Finikoudes) promenade, Larnaca Marina, and the seafront. It further benefits from excellent access to schools, supermarkets, and essential services, while Larnaca International Airport is only a 5-minute drive away, making it ideal for both residential and commercial tenants.

Building Overview

Floors: 5

Status: Resale

Year of Construction: 1983

Energy Efficiency: Exempt

Total Covered Area: ~1,200 m2

Plot Area: 311 m2

Property Composition

16 Residential Apartments

9 one-bedroom apartments

7 two-bedroom apartments

4 Ground-Floor Retail Shops

The building offers strong rental demand due to its proximity to the sea, city centre, and year-round amenities, making it ideal for long-term residential leasing, short-term rentals, or mixed-use income strategies.

Importantly, the property benefits from an approved planning permit allowing modifications and improvements to the building, offering further value-add and redevelopment potential for investors seeking to enhance returns.

Investment Highlights

Prime 100 m beachside location

Central town centre positioning

Mixed-use asset with diversified income streams

High residential and commercial rental demand

Planning permit in place for building modifications

Excellent accessibility and visibility

Strong potential for capital appreciation

This is a rare opportunity to secure a landmark investment asset in one of Larnaca’s most prestigious and high-performing locations.

For further information or a confidential investment briefing, please contact us.

9 one-bedroom apartments

7 two-bedroom apartments

4 ground-floor retail shops

Annual rental income from shops: €67,000

This well-located asset benefits from strong rental demand due to its proximity to the sea, commercial activity, and city amenities, making it ideal for investors seeking stable income and long-term capital appreciation.

A unique opportunity to own a high-value investment property in one of Larnaca’s most desirable coastal locations.

For further information or to arrange a private viewing, please contact us.

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Lextrus Real Estate 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 Lextrus Real Estate LTD for full details and further information.

  1. Zoopla
  2. Overseas
  3. Cyprus
  4. Larnaca
  5. Kition