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Investment in Pervolia, Larnaca

Pervolia, Larnaca, Cyprus

ID 227008
For Sale 700,000

PROPERTY FEATURES

Property Type Investment  
Indoor Facilities
Outdoor Facilities

Description

Two storey mixed use development in Perivolia Community in Larnaca District. It is located at a distance of 500 meters of the beachfront.

The property is ideally situated close to a plethora of amenities and services with excellent access to the beautiful beaches of the area.

The building was constructed around 1996 and consists of a restaurant on the ground floor and five apartments on the 1st floor (four one-bedroom apartments and one two-bedroom apartment).

The restaurant consists of a seating area with bar, kitchen, three storage spaces, WC’s and outdoor sitting area covered with pergola.

The apartments are identical and consist of an open plan living area with kitchen, bathroom with WC and one/two bedrooms.

The area of the restaurant is 280sqm (approx.) and additional pergola of 210sqm the apartments 263 sqm (approx.) and the plot 4.831 sqm (approx.).

The northeastern part of the plot has not been developed, allowing the owner the advantage to develop the land according to their needs and personal specifications.