€410,000 $426,490
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Pay in USD and save up to $14,927Key features
- Listing ID: 1510340 (29136)
- Bedrooms: 8
- Total covered area: 307 sqm
- Resale built in 2011
Description
An excellent investment opportunity in a whole building consisting of 4 two bed apartments, located in a highly residential and central location in Kiti, Larnaca.
The building was constructed in 2011 and consists of one apartment on the ground floor, two apartments on the first floor, and one penthouse apartment on the second floor.
Additionally, there are four covered parking spaces.
The apartments are all vacant.
Apartment with door no.1 on the ground floor consist of an open plan living, dining and kitchen area, two bedrooms of which the master bedroom is en-suite, a main bathroom and a big veranda.
On the first floor there are 2 two bedroom apartment with doors number 101 and 102.
Each apartment consists of an open plan living, dining and kitchen area, two bedrooms of which the master bedroom is en-suite, a main bathroom and a big veranda..
Apartment no. 201, situated on the second floor, consists of an open plan living, dining and kitchen area, two bedrooms of which the master bedroom is en-suite, a main bathroom and a very big veranda of approximately 101 sq.m.
The asset is an ideal opportunity for investment as it benefits from:
- A great location in the residential area of Kiti which comprises of many services and easy access to the motorway.
- 5 minutes away from the airport
- 4 already built apartments with great opportunity for immediate renovation and rent
The asset is located just a few meters to the main road that connects Larnaca Municipality with Meneou Municipality.
The property falls within Zone H2, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (8.3m) of construction.
For further information, please call us.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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