Bazaraki
Property 6195205
Larnaca · EUR 350,000 · Unknown type
Property Type: Mixed-Use Building (Shops + Development Land) Location: Aradippou (Apostolos Loukas), Larnaca Plot Area: 617 m² Planning Zone: Ka5 (Residential) Building Density: 100% Coverage: 50% Floors Allowed: 3 Max Height: 13.5 m Title Deed: Available A rare opportunity to acquire a centrally located plot with existing commercial units in a residential zone in the heart of Aradippou. The property currently includes two ground-floor shops, constructed in 1993, offering a total enclosed area of 288 m². The plot falls within Zone Ka5, allowing for residential development of up to three floors. There are 2 Current Units on Site that where converted into 4 shops-offices : Shop 1: Year Built: 1993 Enclosed Area: 94 m² Condition: Good Road Access: Yes Shop 2: Year Built: 1993 Enclosed Area: 194 m² Condition: Very Good Road Access: Yes Uncovered Area: 2 m² This building offers immediate income potential from the existing retail spaces while providing the opportunity to develop additional residential units above, or redevelop the entire plot. Key Highlights: Registered road access Excellent visibility and frontage Clean title deed Great investment potential Contact us today for more information or to arrange a viewing.
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