Premium New development

Commercial for sale

Kiti, Larnaca, Cyprus

£517,526 *  [€595,000]

Commercial for sale

Kiti, Larnaca, Cyprus

£517,526 *  [€595,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 8
  • Plot size: 422 m2
  • Habitable space: 307 m2

Features


  • Aircondition, Split system
  • Parking, Uncovered

Full Description


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.

Property Highlights:

• Total Units: Four (4) two-bedroom apartments

• Total Internal Area: 307 sq.m.

• Plot Area: 1/2 share of 844 sq.m. (approximately 422 sq.m.)

• Occupancy Status: Vacant

Building Description:

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.

Building Description:

1. Ground Floor – Apartment 001

• Enclosed Area: 82 sq.m.

• Uncovered Veranda: 29 sq.m.

• En-suite walk-in wardrobe

2. First Floor – Apartment 101

• Enclosed Area: 74 sq.m.

• Covered Verandas: 13 sq.m.

• Uncovered Verandas: 4 sq.m.

3. First Floor – Apartment 102

• Enclosed Area: 75 sq.m.

• Covered Verandas: 13 sq.m.

• Uncovered Verandas: 4 sq.m.

4.Second Floor – Apartment 201 (Penthouse)

• Enclosed Area: 76 sq.m.

• Covered Veranda: 3 sq.m.

• Large Uncovered Terrace: 101 sq.m.

An active application is currently in progress for both horizontal and vertical subdivision, as well as the issuance of separate Title Deeds. There is a Distribution Agreement in place.

Viewing by appointment.

**IMPORTANT NOTICE: Any information provided by Homevision Real Estates Agents, such measurements, data, descriptions are subjective and solely for guidance purpose only. Interested parties are strongly advised to undertake their own investigation to confirm this information through personal inspection and/or consultation by Surveyor and Conveyancer. Photographs are provided for guidance only.
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Map may not show exact location

This property listing (ref: 6515) is an advertisement supplied by HomeVision Real Estates and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8698 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.