Mixed-Use Property (Shop & Flat) in Larnaca, Cyprus

This is a unique mixed-use property located in the desirable Chrysopolitissa quarter of Larnaca, Cyprus. Situated at the prominent corner of Arch. Makariou avenue and Golgon street, just 120 meters from the Port’s roundabout, the property offers excellent visibility and accessibility. The offering comprises a commercial shop with a mezzanine and an office that has been converted into a substantial apartment. The shop features 36sqm of internal space and an 18sqm mezzanine. The apartment, occupying the entire fifth floor of Block A, boasts an impressive 443sqm of internal living space, complemented by 11sqm of uncovered verandas. It is well-appointed with a living room, dining room, sitting room, kitchen, laundry room, and four bedrooms, each with an en-suite bathroom, plus a guest W.C. The property also includes exclusive rights for development of the 5th floor (number 1). The immediate vicinity is a mix of commercial, mixed-use, and residential developments. The building complex consists of three blocks (A, B, C) with both ground-floor uncovered and underground parking facilities. Zoning information indicates commercial (29%) and residential (71%) areas with significant building density and coverage ratios. This property presents a compelling opportunity for investors or owner-occupiers seeking a prime asset in Larnaca.