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For Sale Luxury Living in the Heart of the City, INVESTMENT OPPORTUNITY in Larnaca, Larnaca city center

The Property is a 7-floor luxury apartment building with ground floor covered allocated parking and roof garden.  The first 5 floors host three, 2-bedroom apartments on each floor and the 6th floor three, 3-bedroom apartments of which all boast high-quality construction with Smart home provision and with the latest methods of energy efficiency class A. The sectioned architectural design of property provides for independent positioning of the apartments on each floor, with hardly any shared walls, offering maximum privacy.

The south orientation of the project means that the apartments are light and airy.

Property is excellently located in Larnaca town center.  A quiet residential area behind the American Academy school, providing the easiest and safest access to the school and close to amenities.   The famous Finik-udes promenade is only 700m away. Larnaca also hosts the main International Airport that is only 8.3 km away.

The top floor apartment located on the sixth floor, enjoy individual access t their private roof garden on 7th floor hosting the 3rd bedroom, wc/shower room and barbeque area. The flat also benefit from solar panel net metering, offering the prospective byer an extra financial incentive. 

A huge demand for rentals has been noticed in the area. An EXCELLENT INVESTMENT opportunity that can create an income of 5% per year from yearly rentals and up to 9% for short term rentals. 

Free of mortgage, title deeds guarantied .



Sales Price:
€ 550,000 + VAT
Annual Rent Income:
€ 22,800
Yield:
4.14%
Listing Type:
Residential
Property Type:
Apartment
Property S/Type:
Standard Apartment
Property Status:
New
Date Available:
20-04-2024
Living Area:
81m2
Bedrooms:
3
Veranda/Patio:
86m2
Total area:
167m2
WC's:
2

Project Info / Price List

Apartment

Ad#/Sellers Ref BedroomsTotal areaSales Price
16146/A /601+RF 3167 m2€ 550,000 + VAT

Features

Internal

Split Units
Air Conditioned
Hidden Lighting
Reinforced Doors

Furniture & Appliances

Unfurnished

External

Secured Entrance/garage


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Energy Efficiency Certificate

  • Pending Certification

kgCO2/m2/yr
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