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Office 300 м² in Larnaca, Cyprus

467 561 $

1 558 $ /м²

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Area

300 м2

Bedrooms

4

Bathrooms

2

508147 - Office in Larnaca, 300 sqm,

A one-piece sea view office located on the top floor of a five storey building. The asset belongs to office No. 1 (door No. 501), occupying the entire 5th floor of the building and consisting of an open plan office space with partitions separating each office unit, 2 separate toilets and 2 kitchens. The property is located in Sotiros, Larnaca, approximately 15 meters north of Spirou Kyprianou Avenue, approximately 600 meters northwest of the Larnaca Port traffic circle and approximately 140 meters west of the Land Registry office. The asset is part of a 5 storey commercial building known as "MEGARO APSIS", constructed around 1993 and comprising of one store on the first floor and thirteen office units on the upper floors. In close proximity to the subject property are residential developments, vacant lots and mixed-use complexes along major roads and avenues with stores, showrooms, various retail stores, etc. on the first floor and apartment-office units on the upper floors. Various stores, infrastructure, schools, banks, supermarkets and government offices such as tax office, land registry and citizens' service center are in close proximity.

Additional details

Property type

Commercial

Object type

Office

Price

467 561 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Larnaca; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Larnaca short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (467 561 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Larnaca: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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