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Apartment Building for sale in Larnaca Municipality, Larnaca

Larnaca Municipality, Larnaca, Cyprus
Apartment Building for sale in Larnaca Municipality, Larnaca 4390 Larnaca Municipality
490000 €490,000  ($511,717)
Apartment Building
Larnaca Municipality, Larnaca

€490,000  ($511,717)

KW Seven

KW Seven

Reg. No: 772 / Licensed No:366/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $17,910

Average Bank Rate (€490,000)
1 USD = 0.9252 EUR
$529,627

Mid-market rate (€490,000)
1 USD = 0.9576 EUR
$511,717

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1231839 (600559)
  • Total covered area: 292 sqm
  • Plot: 326 sqm

Description

Discover an incredible opportunity with this building nestled in the highly coveted Agios Nicolaos area of Larnaca, offering convenience and accessibility to prime amenities. Situated just 2 minutes from the city center and boasting easy access to the motorway, this property stands out for its location and potential.

Comprising a basement, a ground floor house, and an upper house, each with separate title deeds, this building presents versatile options for utilization or investment. The plot spans 326 square meters with a density of 120% and 50% coverage, allowing the potential to expand vertically with up to 3 floors.

The ground floor house, featuring an internal area of 146 square meters along with 9 square meters of covered verandas and 36 square meters of uncovered verandas, offers a comfortable living space. It includes 3 bedrooms, one bathroom with a toilet, and a master bedroom with an en-suite shower and toilet.

Equally spacious, the upper house mirrors the ground floor's layout, comprising 146 square meters of internal space, 9 square meters of covered verandas, and 36 square meters of uncovered verandas. With 3 bedrooms, a bathroom with a toilet, and a master bedroom boasting an en-suite bathroom and toilet, this upper house promises comfortable living.

This building, in excellent move-in condition, offers immediate occupancy for a family seeking a spacious home or serves as a lucrative investment opportunity due to its potential for additional construction of another floor.

Unlock the potential of this property, ideal for personal residency or as an investment venture, and seize the chance to own this exceptional building in the heart of Larnaca's sought-after area, Agios Nicolaos.

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.

Stamp Duties
If buying as an individual
€888 ($927)
If buying on joint names
€888 ($927)
Transfer fees
If buying as an individual
€16,200 ($16,918)
If buying on joint names
€12,800 ($13,367)

Disclaimer - Property reference 1231839. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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