FOR SALE - €6,300,000 - REF. NO. L96123

For Sale Commercial Building  in Larnaca’s Tourist Area on Dhekelia road 

Best Mixed Use Development in Larnaca’s Tourist Area on Dhekelia road Close to the Beach

This impressive project will be constructed within the next 5 months ....  

The project is located in the heart of Larnaka’s Tourist Area on Dhekelia road, close to Radisson Beach resort

The aim is to make the Development  “talk of the town” and establish it as the new piazza to be in Larnaka’s tourist area.

 Its a mixed-use development consisting of 10 Shops and 8 residential units , ( Renovating the existing building with new finishes )

• The ground floor of the development boosts various shops, restaurants and cafeterias which are offered either for SALE or RENT promising amazing returns on investment.
• On top of the commercial properties there will be 8 Apartments offered for purchase either as a holiday home or as an income generating asset rented out either long term or short term.

Suite101 : Price €220.899  

Internal Area 42Sqm  , Balcony 22 Sqm , sleeps number (guests 4)  Expected Yearly Return on 60% occupancy :7.93%

 Suite102 : Price €179.678 

Internal Area 36Sqm , Balcony 13 Sqm , sleeps number (guests 4)  Expected Yearly Return on 60% occupancy :9.75%

Suite103: Price €188.468

Internal Area 38Sqm , Balcony 13 Sqm , sleeps number (guests 4)  Expected Yearly Return on 60% occupancy :9.30%

Suite104: Price €211.568

Internal Area 38Sqm , Balcony 27 Sqm , sleeps number (guests 4)  Expected Yearly Return on 60% occupancy :8.28%

Suite105: Price €220.899

Internal Area 42Sqm , Balcony 22Sqm , sleeps number (guests 4)  Expected Yearly Return on 60% occupancy :7.93%

Suite106: Price €138.457

Internal Area 30Sqm , Balcony 4Sqm , sleeps number (guests 3)  Expected Yearly Return on 60% occupancy :9.49%

Suite107: Price €145.057

Internal Area 30Sqm , Balcony 8Sqm , sleeps number (guests 3)  Expected Yearly Return on 60% occupancy :9.06%

Suite108: Price €153.847

Internal Area 32Sqm , Balcony 8Sqm , sleeps number (guests 3)  Expected Yearly Return on 60% occupancy :8.54%

• Development offers a private car parking area .
• As beautifully landscaped are.

Shop 1 : start from €150,040 (26SQM & 11SQM Mezzanine) Expected Rental Yearly Return 6.55%

Shop 2 : €152.240        (26SQM & 12 SQM Mezzanine) Expected Rental Yearly Return 6.56%

Shop 3 : € 227.040       (41QM & 13 SQM Mezzanine) Expected Rental Yearly Return 6.53%

There is also one big Shop €2,948,990 (351SQM & 194SQM Mezzanine & 499SQM Verandas) 

Expected Rental Yearly Return 7.38%

 can be BAR/RESTAURANT/PLAY ROOM  .

LARNACA is the next city with the most potential for growing , as the plans for marinas area, a first shopping mall, and luxury high risers  is the promises for the future development in the city .

Now is the time to invest in LARNACA