Investment Opportunity: Three-Storey Residential Building with 4 Apartments in Kiti, Larnaca – id S2845

This three-storey residential building presents an exceptional investment opportunity in the sought-after area of Kiti, Larnaca. The property represents a 50% share of the plot, Distribution Agreement is available. An application is already in progress for horizontal and vertical subdivision and the issuance of separate Title Deeds.andlt;brandgt; andlt;brandgt; Property Highlights:andlt;brandgt; • Total Units: Four (4) two-bedroom apartmentsandlt;brandgt; • Total Internal Area: 307 sq.m.andlt;brandgt; • Plot Area: 1/2 share of 844 sq.m. (approximately 422 sq.m.)andlt;brandgt; • Occupancy Status: Vacant andlt;brandgt; andlt;brandgt; Building Description: andlt;brandgt; The building features four well-designed two-bedroom apartments. Each unit boasts a similar modern layout, including an open-plan living and kitchen area, a main bathroom, and two bedrooms—one of which features an en-suite shower and toilet.andlt;brandgt; andlt;brandgt; Building Description: andlt;brandgt; 1. Ground Floor – Apartment 001andlt;brandgt; • Enclosed Area: 82 sq.m.andlt;brandgt; • Uncovered Veranda: 29 sq.m.andlt;brandgt; • En-suite walk-in wardrobeandlt;brandgt; andlt;brandgt; 2. First Floor – Apartment 101andlt;brandgt; • Enclosed Area: 74 sq.m.andlt;brandgt; • Covered Verandas: 13 sq.m.andlt;brandgt; • Uncovered Verandas: 4 sq.m.andlt;brandgt; andlt;brandgt; 3. First Floor – Apartment 102andlt;brandgt; • Enclosed Area: 75 sq.m.andlt;brandgt; • Covered Verandas: 13 sq.m.andlt;brandgt; • Uncovered Verandas: 4 sq.m.andlt;brandgt; andlt;brandgt; 4.Second Floor – Apartment 201 (Penthouse)andlt;brandgt; • Enclosed Area: 76 sq.m.andlt;brandgt; • Covered Veranda: 3 sq.m.andlt;brandgt; • Large Uncovered Terrace: 101 sq.m.andlt;brandgt; andlt;brandgt; An active application is currently in progress for both horizontal and vertical subdivision, as well as the issuance of separate Title Deeds.andlt;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 250m south of the Kiti Regional Gymnasium.andlt;brandgt; andlt;brandgt; There is a Distribution Agreement in place.andlt;brandgt; Pending issuance of Energy Performance Certificate.