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Investment Opportunity in a whole building of 4 Apartments at Kiti, Larnaca – id S2845

  • €345,000

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. andlt;brandgt; 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. andlt;brandgt; Additionally, there are four covered parking spaces. andlt;brandgt; The apartments are all vacant.andlt;brandgt; 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.andlt;brandgt; On the first floor there are 2 two bedroom apartment with doors number 101 and 102. andlt;brandgt; 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..andlt;brandgt; 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.andlt;brandgt; The asset is an ideal opportunity for investment as it benefits from:andlt;brandgt; – A great location in the residential area of Kiti which comprises of many services and easy access to the motorway.andlt;brandgt; – 5 minutes away from the airport andlt;brandgt; – 4 already built apartments with great opportunity for immediate renovation and rentandlt;brandgt; andlt;brandgt; The asset is located approximately 150m south of Archbishop Makarios III Avenue, a main road that connects Larnaca Municipality with Meneou Municipality and about 250 meters south of the Kiti Regional Gymnasium.andlt;brandgt; The property falls within Zone H2, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (8.3m) of construction.andlt;brandgt; andlt;brandgt; Pending insurance of Energy Performance Certificate.

  • City: Larnaca
  • Area: Kiti

Details

Updated on June 11, 2025 at 5:10 am
  • Property ID S2845
  • Price €345,000
  • Property Type Apartment Building
  • Property Status For Sale

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