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Standalone commercial building with high investment potential, located in a mixed-use area of Sotiros, Larnaca. Positioned just 140 meters from Spyrou Kyprianou Avenue, and close to major services and infrastructure, the property offers both visibility and accessibility. Ideal for owner-occupiers or as an income-generating asset.
Property Overview
• Location: Sotiros, Larnaca Municipality
• Total Land Area: 649 m²
• Ground Floor Area: 326 m²
• Mezzanine Area: 144 m²
• Basement Area: 252 m²
• Year Built: 1988
• Status: Vacant
• Adjoining Feature: Borders a green area to the west
Interior Layout
• Ground Floor: Reception, office, workshop area, WC
• Mezzanine: Two separate rooms
• Basement: Open-plan storage area, shower with WC
Facilities & Features
• Air conditioning
• 2 Bathrooms
• Commercial & residential surroundings
• Excellent accessibility to central Larnaca and main roads
Development Information
• Planning Zone: Kα4 (Residential)
• Building Density: 120%
• Coverage Ratio: 50%
• Max Floors Allowed: 3 (with potential for 2 more floors due to unused building coefficient)
• Max Height: 13.5 meters
• Title Deed: Available
Investment Potential
The property offers an excellent opportunity for redevelopment or expansion due to its underutilized building factor. It is well-suited for office spaces, clinics, showrooms, or educational facilities, offering flexibility in use and a prime location in a high-demand area.
Offers below /close to the asking price can be accepted. For more details or to arrange a viewing, contact us today.
Overview
- Property ID 2257
- City Larnaca
- Area Sotiros
- Price € 510000
- Bedrooms
- Bathrooms 2
- Covered Area 722
- Open Verandas 0
- Total Plot Area