Investment Property in Larnaca

#INV37512HOT

€ 2,000,000

Larnaca, Larnaca

Overview

  • Plot 455
  • Area Size 270
  • No

Listed Traditional House with Boutique Hotel Potential and Government-Subsidised Restoration, a 3-Minute Walk from Finikoudes Beach Located in Larnaca City Centre, Larnaca

A listed traditional house for sale in the heart of Larnaca, just steps from the historic St. Lazarus Church and only a 3-minute walk to Finikoudes Beach and the promenade.

Status - Resale (listed building requiring major renovation)

VAT - Unspecified

Property Highlights:

Listed traditional building of 270 m² covered area on a 455 m² plot

Title deed available

Corner position in the heart of the city centre, with city views

A significant part of the restoration cost is subsidised by the government

Excellent potential for conversion into a boutique hotel, restaurant or another commercial concept

Additional Development Opportunity:

Adjacent to the house, an additional 233 m² plot is available for sale, with a building density of 140% and coverage of 70%, providing further development opportunities.

Price shown is for the listed house only.

Distances:

Amenities - 50 m

Sea - 80 m

Schools - 600 m

Airport - 4 km

A rare character property with heritage appeal, ready to be brought back to life in one of Larnaca's most historic quarters.