14 Bed Property for sale
Makenzie Beach, Larnaca, Cyprus
£2,491,623 *
[€2,900,000]
Full Description
Beachfront Investment Opportunity of 10 Apartments with Common Pool in Makenzy. Located in the highly sought-after Mackenzy area of Larnaca, this beachfront property enjoys a prime location directly by the sea, with all apartments benefiting from sea views. The area is well known for its vibrant beachfront atmosphere, sandy beaches, restaurants, cafés, famous ice cream shops and a wide range of entertainment and everyday amenities. The property is also within walking distance of the old fishing port and Larnaca town centre, while Larnaca International Airport is only a few minutes away by car, with easy access to the motorway network.
The package presents an attractive investment opportunity, comprising 10 apartments within a beachfront building, each with a separate title deed. The portfolio consists of seven one-bedroom apartments, two two-bedroom apartments and a spacious three-bedroom apartment located on the ground floor, which benefits from a private swimming pool.
Each apartment features an open-plan living and dining area with a kitchen, bedrooms and covered or uncovered balconies offering fantastic sea views. The building provides 2 elevators, parking for the apartments and it is noted that the building was fully renovated in 2011.
Several of the apartments are currently rented on both short-term and long-term arrangements, benefiting from the strong demand for accommodation in the Mackenzie area. The location combines residential and touristic characteristics, making it suitable for both holiday accommodation and longer-term rental use.
Title Deeds Available.
Please note that the entire building is not offered for sale. The sale concerns a package of 10 individual apartments within the building, all located in this prime beachfront area of Mackenzie.
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