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This two-storey building in Voroklini (Oroklini), Larnaca, presents an excellent investment opportunity with a total area of 354 sqm. Built in 2008, the property consists of 8 one-bedroom apartments, each featuring an open-plan living area and kitchen, a bedroom, a bathroom, and a covered veranda. The building includes designated parking spaces and storage rooms for all units, ensuring convenience for tenants or residents.The property is situated on a 530 sqm plot with a building coefficient of 90%, allowing a maximum build area of 477 sqm. With a coverage coefficient of 50% and a permitted height of up to 9.65 meters, the property complies with all planning and building permits, including additional approvals for a swimming pool and ground-floor amenities.Key Details:Ground Floor: Lobby (20.2 sqm), disabled W/C (23.7 sqm), and 8 parking spaces.First and Second Floors: Each level contains 4 units ranging from 49.8 to 51.5 sqm with covered verandas.Roof: Includes a lobby (7.7 sqm), a swimming pool (12.5 sqm), and a deck area (22.3 sqm).Located in a desirable area with excellent access to amenities and transport links, this property is ideal for rental investments or multi-unit residential development.
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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