Alpha News

Unique Investment Opportunity: Incomplete Mixed-Use Building in Anglisides

Published January 23, 2026, 08:38

Altamira Real Estate presents a unique investment opportunity: an incomplete mixed-use building in the Anglisides area, Larnaca. The building's location is strategic, situated on Independence Avenue, close to the community center and with easy access to the Nicosia-Larnaca highway. Constructed in 2010, the building offers great flexibility in use, adaptable for either commercial or residential purposes. It features a basement with parking spaces and storage, a ground floor with seven shops and a mezzanine, as well as a first floor with five offices and two apartments. The total covered area amounts to 917 sq.m., with additional space on the mezzanine (223 sq.m.), covered verandas (27 sq.m.), and basement (358 sq.m.). The investment potential of the property is enhanced by its proximity to essential services and amenities, such as schools, banks, supermarkets, and shops. The ability to complete the works according to the buyer's needs adds further value and adaptability to the investment. Altamira Real Estate states that the estimated yield of the property exceeds 7%, with an indicative selling price of €1,100,000. Offers are accepted every Tuesday at 10:00 a.m., and interested parties can find more information and submit bids on the company's website.