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Prime 294 m² commercial unit - suitable for fitness / clinic use - split option

Larnaca, Livadia Larnakas
Posted: 05.02.2026 13:23 Ad ID: 6239790
Prime 294 m² commercial unit - suitable for fitness / clinic use - split option-1 Prime 294 m² commercial unit - suitable for fitness / clinic use - split option-2 Prime 294 m² commercial unit - suitable for fitness / clinic use - split option-3
Location: Larnaca — Livadia Larnakas

Location: Livadia, Larnaca (adjacent to “Land of Tomorrow” regeneration; ~400 m to seafront).

Property type: Commercial space (Gym / Medical / Wellness)

Size: 294 m² (option to split into 2 × 147 m² self-contained units)

Price: €1,068,000 + VAT (whole 294 m²)

Highlights

• Proximity premium: ~400 m to sea, in the path of Larnaca’s flagship regeneration.

• Modern mix-use complex

• Healthcare split option: ideal for physiotherapy, rehabilitation, medical/wellness clinic, pharmacy, private practice or boutique fitness. Split delivers two rental streams and a broader tenant pool (reduced concentration risk).

• Strategic micro-location: prominent corner with strong visibility and access between Livadia–Oroklini; growing residential catchment and university/expat demand.

• Building spec: new-build infrastructure, modern services, ample underground parking; large all-around glass frontage.

• Status: Under construction - Completion January 2027

Financial snapshot

• Top price of only €3,632/m², compared to other under-construction commercial units in the same area priced between €8,500–€12,952/m².

• Market Y1 rent band (whole 294 m²): €25 / €28 / €31 per m²/month (pessimistic / base / upside). That’s €7,350 / €8,232 / €9,114 per month.

• Gross yield (on €1,068,000 ex-VAT price): ~8.26% / 9.25% / 10.24% (pessimistic / base / upside), before opex and vacancy.

• Split illustration (per 147 m² unit): €3,675 / €4,116 / €4,557 per month at €25/€28/€31 respectively.

• Healthcare fit: area under-served by contemporary medical/wellness premises; demand for accessible, energy-efficient spaces within residential hubs.

• Exit flexibility: let or sell as one 294 m² or two 147 m² spaces in the future.

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€1.068.000
€3.633/m²
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Posting since feb, 2017

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