536m² Building for Sale in Larnaca District

Building for Sale with 4 x 3-Bedroom Apartments – Larnaca City
A great investment opportunity: a residential building consisting of four 3-bedroom apartments, requiring internal and external renovation (estimated renovation cost approximately €200,000).
Upgraded architectural plans are available to convert the building into:

2 x 4-Bedroom Apartments

2 x 3-Bedroom ApartmentsAdditionally, there is remaining building density of 50 sq.m., allowing the construction of a 1-Bedroom Roof Garden Apartment on the second floor.

Current Layout:

2 x 3-Bedroom Apartments on the Ground Floor (Flats No. 1 & 2), each with 124 sq.m internal area + 10 sq.m covered veranda

2 x 3-Bedroom Apartments on the First Floor (Flats No. 3 & 4), each with 124 sq.m internal area + 10 sq.m covered veranda

Location:

Situated near the New Port area of Larnaca City

Corner property, close to shops, services, and amenities

Only a 15-minute walk to Larnaca Downtown and the Palm Tree Promenade (Marina Beach)

Additional Information:
 

The property is not subject to VAT.