€485,000 $499,679
S. ZIGKAS LAND SERVICES AND CONSULTANTS LTD
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Pay in USD and save up to $17,489Key features
- Listing ID: 1642811 (240276614843264)
- Bedrooms: 4
- Bathrooms: 1
- Total covered area: 98 sqm
- Newly built
- Lots of natural light
- Equipped with household appliances
- Garden
- Car parks
- Solar panels
- Fully finished
- Grill area
- Quality sanitary ware
- Balcony or terrace
- Floor-to-ceiling windows
Description
Τhe Academia Tower is a 7-floor luxury apartment building.
Three apartments are allocated to the first and second floors, all of which consist of an open-plan living and kitchen area, 2 bedrooms (the master with an en-suite shower), a main bathroom, and a covered veranda.
The top-floor apartments, with 4 bedrooms located on the 6th floor, enjoy individual access to their private roof garden on the 7th floor, hosting the 4th bedroom, a WC/shower room, sauna and a barbecue area.
Advantages
A huge demand for rentals has been noticed in this area.
An excellent investment opportunity that can create an income of 5% from yearly rentals and up to 9% for short-term rentals.
Location and nearby infrastructure
The property is excellently located in Larnaca town centre, in a quiet residential area behind the American Academy school and close to amenities. The famous Finikudes sea promenade is only 700 meters away. Larnaca also hosts the main International Airport at a distance of 8.3 km.
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