Residential Building for sale - Published

Kiti, Larnaca

Overview

Reference

30587

Category

Residential

Property type

commercial

City

Larnaca

Furnished

No

Description

For Sale: Residential Building which has reached approximately 80% completion. For sale in Kiti An excellent opportunity to acquire a modern residential apartment building in the highly sought-after area of Kiti, ideally located close to all amenities including shops, schools, services, and main transport links. The property comprises a total of six (6) apartments, thoughtfully designed to meet strong residential demand: Four (4) two-bedroom apartments Two (2) one-bedroom apartments The building is approximately 80% completed, offering a valuable chance for a buyer or investor to finalize the finishes to their own specifications and add immediate value. Works remaining to complete the project include: Carpentry works (kitchens, wardrobes, internal doors) Partial sanitary installations Lighting fixtures Elevator completion (mechanical system already installed) Final internal and external painting The structure and major mechanical systems of the elevator is in place, Overall the time frame for completion is approx. two months at the most allowing for a relatively quick path to completion and occupation. This property is ideal for investors seeking rental income, developers looking for a small-scale residential project, or buyers wishing to customize finishes prior to resale or leasing, all within a well-established and growing residential area. Key Highlights: Prime location in Kiti Close proximity to all amenities Modern apartment layouts Elevator installed (mechanical system complete) Strong rental and resale potential A compelling opportunity to secure a near-complete residential building with excellent upside in a desirable location. The 100% company shares are available to purchase thus avoiding any stamp duty and VAT. For further details please contact me.