About this development
A ground-floor commercial unit is for sale in a small mixed-use building in the New Mall Area of Larnaca, Cyprus. The unit sits at street level with a mezzanine above, close to the district's main shopping and leisure centre and within one of Larnaca's established retail and business corridors.
The space covers 142.5 m² of internal floor area across the ground floor and mezzanine, with two bathrooms, a private storage room and two dedicated parking spaces. The building also provides underground and visitors' parking, and above the shops four apartments each occupy a full floor, one of them with a large roof terrace. It is under construction, with completion scheduled for Q3 2026.
New Mall Area combines shops, dining and offices along wide, landscaped streets, with easy road access to Limassol, Ayia Napa and Nicosia. The unit suits a retailer, service business or investor seeking ground-floor commercial space close to schools, a hospital and central Larnaca, with the airport around eleven minutes away.
Available units
1 available · 5 sold
| Unit | Type | Floor | Baths | Built | Price | Status | |
|---|---|---|---|---|---|---|---|
| Shop 1Shop 1 | Shop | Ground + Mezzanine | 2 | 142.5 m² | €480,000+VAT | Available | Enquire about this unit |
Development Plans 3
LarnacaNew Mall Area
The New Mall Area takes its name from Larnaca's principal shopping and leisure centre, around which a modern residential district has formed over the past decade. Wide avenues, landscaped roundabouts and a mix of retail, dining and offices give it an urban, self-contained character rarely found elsewhere in the district. The seafront and marina lie a short drive away, as does the airport. It suits buyers who want daily conveniences, from supermarkets to clinics, within walking distance, without sacrificing easy access to the coast.
Request a consultation — Plus 59
Similar projects
A Commercial Unit for Sale in Larnaca's New Mall Area, Cyprus
A ground-floor commercial unit is for sale at Plus 59, a small mixed-use building in the New Mall Area of Larnaca, Cyprus. The unit sits on the ground floor with a mezzanine level above it, giving a retailer, service business or investor street-level frontage in one of Larnaca's established shopping and business districts, close to the district's main shopping and leisure centre.
Plus 59: Six Units in One Larnaca Building
The building holds six units in total: two ground-floor commercial spaces, each built over a ground floor and mezzanine, and four apartments above, one occupying each of the four upper floors. Plus 59 is currently under construction, with completion scheduled for Q3 2026, and the building provides underground parking together with separate visitors' parking. The property listed here is the ground-floor commercial unit, which comes with two bathrooms, a private storage room and two dedicated parking spaces.
Ground-Floor Shops and Upper-Floor Apartments Compared
| Feature | Ground-Floor Shops | Apartments Above |
|---|---|---|
| Internal area | ≈142.5 m² each | ≈199 m² each |
| Position in building | Ground floor + mezzanine | One full floor each, 1st–4th |
| Bathrooms | 2 | 2 (4 on the top floor) |
| Notable extra | Private storage room | 76 m² roof terrace on the top floor |
Both unit types share the same building envelope and the same underground and visitors' parking, but the two floor plans serve different buyers: the commercial units suit a retail or office use at street level, while the four apartments above are laid out as full-floor residences, each with its own footprint uninterrupted by shared corridors.
Inside the Available Ground-Floor Unit
The unit currently for sale covers 142.5 m² of internal space across the ground floor and mezzanine, an arrangement common to duplex-style retail units that lets a business separate a public-facing area at street level from back-of-house or office space on the floor above. It comes with two bathrooms, a dedicated storage room, and two private parking spaces reserved for this unit, in addition to the building's shared underground and visitors' parking.
Distances From Plus 59
| Destination | Approx. Travel Time |
|---|---|
| Shops | 1 minute |
| School | 1 minute |
| Hospital | 1 minute |
| Restaurants | 1 minute |
| Larnaca city centre | 5 minutes |
| Beach | 6 minutes |
| Larnaca International Airport | 11 minutes |
| Golf course | 21 minutes |
Shops, a school, a hospital and restaurants are all within a minute of the building, underlining New Mall Area's role as a working district with everyday services built into its streets. Larnaca's centre is five minutes away and the seafront around six, while Larnaca International Airport is roughly eleven minutes by car — useful for a business that depends on visitors flying in, or an owner who splits time between Cyprus and another country.
New Mall Area: Larnaca's Retail and Business District
New Mall Area grew up around Larnaca's principal shopping and leisure centre and has since taken on an urban character of its own, with wide avenues, landscaped roundabouts and a steady mix of shops, restaurants and offices along its streets. The district also gives easy road access to Limassol, Ayia Napa and Nicosia, extending its reach well beyond Larnaca itself. For a commercial unit, that combination of local footfall and island-wide connectivity is exactly what matters most.
Who Should Buy a Commercial Unit at Plus 59
The unit suits a retailer or service business looking for ground-floor visibility in a growing part of Larnaca, a professional practice such as a clinic or office that benefits from being close to a school and a hospital, or an investor buying commercial property for sale in Larnaca, Cyprus, as a rental asset. The combination of dedicated parking, private storage and a mezzanine level for back-of-house work covers most of what a small business needs from day one.