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Three fully renovated (Two 1 bed apt and one 2 bed apt) in an amazing location, built right on the sea, offering park view (partly sea).
The apartments are located in the tourist Makenzy Area. Only 7 minutes’ drive to Larnaca International Airport. Within walking distance to a fishing marina, the promenade, Larnaca Marina, City Centre, shops and a variety of entertainment facilities. The property is located near the famous Aliki Salt Lake and the Halan Sultan Mosque.
A playground, water sports facilities, convenience stores, bike & car rental, a supermarket, several restaurants, and ice cream shops can also be found nearby, while the city’s nightlife center is within a short walking distance. Finikoudes Promenade is just 2 km away. Saint Lazaros Church is at 2 km. Larnaca Medieval Castle is at 2.5 km.
The nearest airport is Larnaca International Airport, 2.7 km from the property.
Great opportunity for investors looking for High ROI with the possibility of both Short term and Long term rental income. This is 1 apartment converted into 3 apartments
The return on investment for a long term rent is 6% and short term rent 10% (we can keep managing the flats if the new owner agrees to this)
There is one title deed for all 3 flats, I have made an internal division. The flats are now fully rented
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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