№ 2,064,773
A massive commercial building for sale and rent in Larnaca! This is a great investment opportunity!
2,598,000 €
1,134 € /m²
  • Total area 2,290 m²
  • Yield
  • Lease term
  • Constructed
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    Key project parameters

    Total area
    2,290 m²

    Project description

    This property is located in Larnaca town and enjoys relatively good accessibility towards the town center and other areas of Larnaca. As a unified building plot has a corner position with an extensive frontage on two public road of a total area of 84 meters approximately. This commercial building was erected 7 years ago with very good materials and consists of the following areas: Ground Floor- Show room/ customer area, part of the ground floor is used as cafeteria 1st floor — Show room 2nd floor- Show room, 2 offices, server room, male and female toilets, auxiliary/ storage area, kitchen and cafeteria Basement- Covered parking spaces, E. A. C substation and disabled toilet. This building has 2 stairwells, external elevator, 2 panoramic elevators and 4 escalators. Other key features good quality flooring false ceilings with recessed lighting ceiling-mounted air- condion units fire system alarm system CCTV and generally good quality finishes The total area of the building under study is 2.290 m² internal area and the total area of the covered parking spaces is 1.020 sqm

    Tenants

    Agreement
    n/a
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    annual yield
    From 10%
    exit period
    3 years
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    How we help investors

    Analysing the needs

    We use a methodology that enables us to formulate requests and find good deals in the market

    Developing a strategy

    We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

    Providing transaction support

    We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account

    Helping with management

    We can take over the management of your property or recommend a suitable management company

    Organising property viewings

    We will arrange a visit to the site to view one or more projects

    Saving time

    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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      Anna Vorobyeva
      Anna Vorobyeva,
      Head of Commercial Property Department
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      Mikhail Reyderman
      Mikhail Reyderman
      Commercial Real Estate Expert

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        Head of Commercial Property Department
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