Building on Makarios Avenue, which is in the centre of the proposed Marina of Larnaca. 

The land is 1.063 sq. m. and the building is approximately 750 meters away from the newly constructed (2018) Radisson Blu Hotel, 600 meters away from the new hotel that will be constructed on Makarios Avenue, 

300 meters away from the sea and the new Marina and 1.200 meters away from the Finikoudes promenade.

The building has been renovated (it has received planning permission from the Larnaca Town Hall) and it will consist of 13 apartments, that have provision to be converted into 20 units)

1 supermarket (which is currently being rented for €18000 per year) and the basement for 13 parking spaces.

The building has a total area of 1.323 sq. m. including covered verandas. The building is currently rented out for160,000 /year plus 18,000/year the super market.

-Fully renovated is €4,800,000 

In addition to the above, there is still further available building density of 1.377 sq. m including covered verandas, which can be used to construct

a further 11 apartments on an additional 5 floors (3^rd to 7^th); thus a total built area of 2.700 sq. m. which will consist of 23 units, 1 supermarket and the basement.

The asking price of the building fully constructed as described is €9,100,000 (please note that there is also VAT payable on the additional 5 floors/ 11 apartments that will be constructed.