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Building for sale on St. Lazarus square

USD 1,322,401

Office & Commercial space (For sale)

lot 4,036 sqft
Reference: QJWQ-T5120 / lac11057
An existing ancient monument with a permit to be converted into a 16-room boutique hotel with F&B and Spa facilities is available for sale on St. Lazarus square, Larnaca.
Estimated enclosed area: 716 sq.m
-Rooms: 337 sq.m
-Restaurant and Spa: 171 sq. m
-Other 208 sq.m
The key location fundamentals are:
-Prominent position across one of the most iconic and ancient churches of Cyprus. Most of the tourists that come to Cyprus tend to visit the church.
-Noticeable position of the building which enjoys frontage and exposure being on St. Lazarus square.
-Only 150m away from the famous Palm Tree Promenade and the beach.
-Approximately 200m away from the old Market of Larnaca which is currently developed and regenerated.
-Near multi-story parking.
-Near the New Larnaca tennis club.
The building is suitable for other uses as well i.e. offices, etc.
Larnaka is one of the oldest continuously inhabited cities in the world and has plenty of historical sightseeing to offer, with its picturesque coastline, marina and Palm Tree Promenade. It also boasts many of the most appealing beaches in Cyprus. Its central location means that all popular areas of Cyprus are within easy reach: Nicosia, the country's capital, is less than 60km away and Limassol and Paphos are approx 65km and 120km distance respectively.
View more View less An existing ancient monument with a permit to be converted into a 16-room boutique hotel with F&B and Spa facilities is available for sale on St. Lazarus square, Larnaca.
Estimated enclosed area: 716 sq.m
-Rooms: 337 sq.m
-Restaurant and Spa: 171 sq. m
-Other 208 sq.m
The key location fundamentals are:
-Prominent position across one of the most iconic and ancient churches of Cyprus. Most of the tourists that come to Cyprus tend to visit the church.
-Noticeable position of the building which enjoys frontage and exposure being on St. Lazarus square.
-Only 150m away from the famous Palm Tree Promenade and the beach.
-Approximately 200m away from the old Market of Larnaca which is currently developed and regenerated.
-Near multi-story parking.
-Near the New Larnaca tennis club.
The building is suitable for other uses as well i.e. offices, etc.
Larnaka is one of the oldest continuously inhabited cities in the world and has plenty of historical sightseeing to offer, with its picturesque coastline, marina and Palm Tree Promenade. It also boasts many of the most appealing beaches in Cyprus. Its central location means that all popular areas of Cyprus are within easy reach: Nicosia, the country's capital, is less than 60km away and Limassol and Paphos are approx 65km and 120km distance respectively.
Reference: QJWQ-T5120
Country: CY
City: Lárnax
Category: Commercial
Listing type: For sale
Property type: Office & Commercial space
Property subtype: Office space
Lot size: 4,036 sqft

SALE PRICE PER SQFT IN LARNACA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 320
+20.4%
+4.6%
Apartment
USD 340
-
+54.6%

AVERAGE HOME VALUES IN LARNACA

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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