4 APARTMENTS FOR SALE IN KITI - Published Agent Request: Unpublish

Kiti, Larnaca

Overview

Reference

29136

Category

Residential

Property type

commercial

City

Larnaca

Furnished

No

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. 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. Additionally, there are four covered parking spaces. The apartments are all vacant. 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. On the first floor there are 2 two bedroom apartment with doors number 101 and 102. 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.. 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. The asset is an ideal opportunity for investment as it benefits from: - A great location in the residential area of Kiti which comprises of many services and easy access to the motorway. - 5 minutes away from the airport - 4 already built apartments with great opportunity for immediate renovation and rent The asset is located just a few meters to the main road that connects Larnaca Municipality with Meneou Municipality. The property falls within Zone H2, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (8.3m) of construction. An active application is currently in progress for both horizontal and vertical subdivision, as well as the issuance of separate Title Deeds. For further information, please call us.