Commercial Building in Sotiros, Larnaca

€3.025.000

Under Offer

Property ID

Parking

16996

Build Area

Land Area

2055m2

2.422m2

Commercial Building in Sotiros, Larnaca

€3.025.000

Under Offer

Property ID

Parking

16996

Build Area

Land Area

2055m2

2.422m2

Description

This asset is a commercial building in Sotiros area of Larnaca.

The asset is located on Spyrou Kypranou Avenue at a distance of 950m west of the Larnaca Port roundabout.

The asset comprises of a two storey office area of 410sqm and an adjacent warehouse with a ground floor of 985sqm and a mezzanine of 660sqm.

The immediate area of the asset is mainly developed with commercial properties, showrooms and mix use commercial and residential buildings. Spyrou Kyprianou Avenue is one of the busiest commercial avenues in Larnaca and provides easy access to the city centre and the surrounding areas.

The asset falls within two planning zones:
-45% of the asset falls into Εβ2, with building density coefficient of 180%, coverage coefficient 50%, in 6 floors and 24m maximum height.
-55% of the asset falls into Kα4, with building density coefficient of 120%, coverage coefficient 50%, in 3 floors and 13,5m maximum height

Owner: Coeval Properties Ltd

Reg. No. : 0/16187

EPC: Pending Energy Certificate

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Additional Details

District Larnaca
Area/Village Larnaca
Type Warehouse
Vat Vat not Applicable
Title deed Yes

Location

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