€3,300,000 $3,433,798
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Pay in USD and save up to $120,183Key features
- Listing ID: 1228409 (603100)
- Total covered area: 803 sqm
- Plot: 803 sqm
Description
A beautifully designed residential building for sale consisting of 11 units, excellently located in the Livadia coastal region, on the Larnaca – Dekelia road, only 250m from the sea, probably the best real estate investment in Larnaca for capital appreciation.
King George Residence offers a great investment opportunity with high buy-to-rent potential. The area with high indicators of growth and near future development, is rapidly becoming a place of attraction for residents of Cyprus and foreign investors due to the new Larnaca Port and Marina Development project "Land of Tomorrow" and the multimillion investments in the coastal Larnaca-Dekelia road.
The project’s cul-de-sac positioning only a few meters from the sea, combines a peaceful relaxing vibe to its residents with easy access to all amenities such as shops, restaurants and shopping mall.
King George Residence comprises of 1- and 2-bedroom apartments. There are a total of 11 units positioned on 3 floors plus roof garden on a contemporary designed building with unique and modern architecture, offering luxurious and functional living spaces. Two of the top floor apartments enjoy private access to their individual roof garden with full sea view and barbecue area as well as an extra room and WC-shower and storage.
Lastly, the two top floor apartments will have net metering, a photovoltaic system, Jacuzzi bar, 3 phase electric power and provision for underfloor heating.
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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