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Mercury Group
For sale: commerce property in Cyprus, Larnaca
- Cyprus, Larnaca, Larnaca
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Property description
ID: CY-35-1-146855
- Cyprus, Larnaca, Larnaca
Object type
Commerce property
Land area
1812 m2
Area
2100 m2
Category
For sale
Price per m2
€ 1 167
Price
€ 2 450 000
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For sale business of 2100 sq.meters in Larnaka. Three-storey commercial building in Sotiros, Larnaca. The property is a commercial building, built within 3 plots in Sotiros quarter. It is located 200m from 'Ammochostos' stadium and 300m from Spyrou Kyprianou avenue. It occupies a corner position, and it is build in a land area of 1,812sqm. The building has a covered area of 2,100sqm, covered verandas of 240sqm and a basement of 1,190sqm. The basement consists of covered and uncovered parking spaces, a warehouse, and WC. The ground floor consists of a large open plan retail area. The 1st floor, also consists of a large open plan retail area. The 2nd floor consists of a showroom, an office, a server room, storage spaces and a cafeteria with kitchen. The property is currently rented offering a stable rental yield.
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Larnaca, Larnaca
Object type
Commerce property
Land area
1812 m2
Area
2100 m2
Category
For sale
Price per m2
€ 1 167
Price
€ 2 450 000
Currency calculator
From
To
What you should know, purchasing a property in Cyprus
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
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Total property cost:
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