Commercial property for sale in Larnaca, Larnaka, Cyprus by Mercury Group: 2100m2 No. 32421

Property description

For sale business of 2100 sq.meters in Larnaka. Three-storey commercial building in Sotiros, Larnaca. The property is a commercial building, built within 3 plots in Sotiros quarter. It is located 200m from 'Ammochostos' stadium and 300m from Spyrou Kyprianou avenue. It occupies a corner position, and it is build in a land area of 1,812sqm. The building has a covered area of 2,100sqm, covered verandas of 240sqm and a basement of 1,190sqm. The basement consists of covered and uncovered parking spaces, a warehouse, and WC. The ground floor consists of a large open plan retail area. The 1st floor, also consists of a large open plan retail area. The 2nd floor consists of a showroom, an office, a server room, storage spaces and a cafeteria with kitchen. The property is currently rented offering a stable rental yield.

Parameters	Larnaca
Rent Per Month
Apartment (1 bedroom) in City Centre	€ 837.50
Apartment (1 bedroom) Outside of Centre	€ 661.54
Apartment (3 bedrooms) in City Centre	€ 1 455.56
Apartment (3 bedrooms) Outside of Centre	€ 1 135.83
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	€ 2 966.00
Price per Square Meter to Buy Apartment Outside of Centre	€ 2 182.00

Parameters	Larnaca
Crime Index	29.52
Cost of Living and Rent Index	37.48
Purchasing Power Index	77.12
Property Price to Income Ratio	9.64
Safety Index	70.48
Traffic CO₂ Index	9343.25
Traffic Inefficiency Index	326.58
Rent Index	21.67
Health Care Index	57.95
Groceries Index	50.39
Pollution Index	51.91
Traffic Commute Time Index	35.75
Restaurant Price Index	46.34
Climate Index	94.95
Cost of Living Index	50.10
Quality of Life Index	153.79
Traffic Index	176.41

Parameters	Larnaca
Restaurants
Meal, Inexpensive Restaurant	€ 12.00
Meal for 2 People, Mid-range Restaurant, Three-course	€ 50.00
McMeal at McDonalds (or Equivalent Combo Meal)	€ 7.00
Domestic Beer (0.5 liter draught)	€ 3.00
Imported Beer (0.33 liter bottle)	€ 3.75
Coke/Pepsi (0.33 liter bottle)	€ 1.46
Water (0.33 liter bottle)	€ 0.87
Cappuccino (regular)	€ 3.34
Markets
Milk (regular), (1 liter)	€ 1.40
Loaf of Fresh White Bread (500g)	€ 1.69
Eggs (regular) (12)	€ 3.46
Local Cheese (1kg)	€ 13.80
Water (1.5 liter bottle)	€ 0.77
Bottle of Wine (Mid-Range)	€ 6.99
Domestic Beer (0.5 liter bottle)	€ 1.42
Imported Beer (0.33 liter bottle)	€ 2.03
Cigarettes 20 Pack (Marlboro)	€ 5.00
Apples (1kg)	€ 2.70
Chicken Fillets (1kg)	€ 7.97
Oranges (1kg)	€ 1.92
Potato (1kg)	€ 1.33
Lettuce (1 head)	€ 0.65
Rice (white), (1kg)	€ 2.40
Tomato (1kg)	€ 2.54
Banana (1kg)	€ 1.69
Onion (1kg)	€ 1.16
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	€ 12.07
Transportation
One-way Ticket (Local Transport)	€ 2.40
Monthly Pass (Regular Price)	€ 50.00
Gasoline (1 liter)	€ 1.39
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	€ 23 500.00
Taxi Start (Normal Tariff)	€ 6.50
Taxi 1km (Normal Tariff)	€ 2.00
Taxi 1hour Waiting (Normal Tariff)	€ 25.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	€ 28 500.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	€ 146.48
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	€ 29.38
	€ 19.33
Salaries And Financing
Average Monthly Net Salary (After Tax)	€ 1 334.89
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.74
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	€ 60.83
Tennis Court Rent (1 Hour on Weekend)	€ 33.33
Cinema, International Release, 1 Seat	€ 10.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	€ 65.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)	€ 28.00
1 Pair of Nike Running Shoes (Mid-Range)	€ 78.33
1 Pair of Men Leather Business Shoes	€ 95.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	€ 380.00
International Primary School, Yearly for 1 Child	€ 10 666.67

2100m2 Commercial property in Larnaca, Larnaka, Cyprus No. 32421

Property description