This asset consists of two unified shops (no.32 & 33), on the ground floor of “Academia Complex - Block 2” in Larnaca.
The asset is adjacent to Grigori Afxentiou Avenue, c. 800m west of Larnaca Marina and Finikoudes area.
Shop no.32 has 37sqm ground floor that consists of open plan space and a 18sqm mezzanine comprising of open plan space and a toilet.
Shop no.33 has 32sqm ground floor that consists of open plan space and a 17sqm mezzanine comprising of open plan space and a toilet.
The two shops are internally unified.
The immediate area of the asset comprises of commercial and residential developments that enjoy great access towards the center of Larnaca.
The asset falls within two planning zones:
-Residential Kα3 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17m.
-Commercial Eβ1 with building density coefficient of 200%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
Reg. No.: 2/1251, 2/1252
Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 19/06/2020.
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
||Vat not Applicable