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15 Bed Commercial for sale

Faneromeni, Larnaca, Cyprus

£1,165,770 *  [€1,365,000]

15 Bed Commercial for sale

Faneromeni, Larnaca, Cyprus

£1,165,770 *  [€1,365,000]

Property Details


  • Bedrooms: 15
  • Bathrooms: 15

Full Description


Seven Individual Apartment Complex For Sale In Faneromeni Larnaca with Title Deeds



This 2006 apartment block is a great investment opportunity, located in a prime location in a sought after area. of Larnaca. Currently all apartments tenanted on a 12 months contract with 3 months notice period so a yearly rental yield already established.



Each apartment comes with individual title deeds, comprising of six two bedroom apartments and one three bedroom penthouse apartment.



- 6 apartments, each comprises of 2 bedrooms, air condition and two bathrooms



- Penthouse apartment, 3 bedrooms, air condition and 3 bathrooms



- 4 x  2 bedroom apartments 74 m² covered with either  7 m²  or 10 m²  balcony 



- Two 2 bedroom apartments 76 m² covered with 5 m²  balcony 



- Penthouse apartment 99 m² covered with 38 m²   balcony and 107 m²   uncovered balconies 



- Plot  size 502 m²



- Coverage 574 m²



- Planning zone KA4



- Total balconies 82 m²



- Total uncovered balconies 107 m²



- Air conditioning 



- Allocated covered parking 



- Allocated storage 



- Un furnished 



-  5 minutes to local  shops and amenities 



- 5 minutes to sea and beach 



- 10 minutes to Larnaca International Airport 



- 30 minutes to local golf course 



- Suitable for Cyprus Permanent Residency 



- Energy Efficiency TBC 



Larnaca



Larnaca is the home of Cyprus' main International Airport, close to the Salt Lake area, a place where you can watch Swan's and Flamingo's that live in the lake. On its coastal seafront, the café's and restaurants are peaceful.

On the edge of Larnaca Bay the palm-lined seafront of Larnaca town bustles with cafes, tavernas, shops and bars. Historic charm is lent to the scene by its fortress castle, now used as the town's summer cultural center. 

Larnaca is an excellent base from which to get to know the central and eastern section of Cyprus, and its proximity to the International Airport and a number of luxury hotels that have been developed along its beautiful sandy beaches make this a popular holiday choice.

Larnaca is the modern gateway to Cyprus, known for such sights as the beautiful St. Lazarus Church and leisurely Palm Tree Promenade

 

Map may not show exact location