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Property for sale

Larnaca, Larnaca, Cyprus

£403,399 *  [€470,000]

Property for sale

Larnaca, Larnaca, Cyprus

£403,399 *  [€470,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 16
  • Plot size: 1104 m2

Full Description


Incomplete development in Oroklini Community in Larnaca District. It is located approximately 370 m southeast of the community center and approximately 1.1 km north of the Larnaca – Agia Napa motorway. The property is situated close to all necessary amenities and services. In addition, it enjoys excellent access to the motorway and the beautiful beaches of the area.The property is located close to all necessary services and amenities while enjoying good access to neighboring communities and municipalities.The development concerns a two-storey semi-detached house (1 on the ground floor and 1 on the upper floor). The land that comprises of two plots has a total area of 1,104 sq.m. and it is utilized by forming a residential development.The identical residences will each consist (when completed based on the existing permits) of 5 en-suite bedrooms, a shared bathroom, a living room, 2 toilets, a laundry room, a kitchen, kitchen-living room and an open plan living room with a dining area and bar.Externally, it will consist of 5 covered terraces (each) while the basement will consist of parking spaces.It is noted that the houses are in the plastering stage.The total area is approximately 720 sq.m. enclosed areas, 117 sq.m. of covered verandas and approximately a 236 sq.m. basement.The property secured a planning permission, which has expired, for the construction of the building.It is worth mentioning that a concept desighn was prepared which demostrates the conversion of the existing building into a development of a modern apartment building of eight (8) luxury apartments. Specifically, the proposed development will comprice of (1) one-bedroom apartment, (6) two-bedroom apartments and (1) three-bedroom apartment.The property is considered as an appealing investment opportunity for both individuals or property developers.

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This property listing (ref: SA34035) is an advertisement supplied by N.K.SMARTASSETS LTD 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.
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