Build­ing for sale /​center

#14486 Building for sale /center

Modern 1, 2 & 3 Bedroom Apartments for Sale near the American Academy and Larnaca Town Center

An excellent investment opportunity in a prime location within walking distance to the American Academy and the city center.

This well-maintained residential building offers a range of spacious and modern apartments, all fully equipped with electrical appliances and air-conditioning units.

 All apartments come with separate title deeds.
 Currently fully rented on annual contracts.
 Annual rental income: €117,000, with strong potential for increase upon contract renewals.

Apartment Breakdown:

  • 2 x 1-Bedroom Apartments – 50 m² internal area + 11 m² verandas each

  • 2 x 2-Bedroom Apartments – 85 m² internal area + 30 m² verandas each

  • 3 x 3-Bedroom Apartments (on the 3rd, 4th, and 5th floors) – 114 m² internal area + 46 m² verandas

  • 1 x 3-Bedroom Penthouse – 114 m² internal area + 39 m² veranda + private roof garden

This is an ideal option for investors seeking a high-yield rental property with long-term capital appreciation in one of Larnaca’s most desirable neighborhoods.



Main information
  • Region Larnaca
  • District Centre
  • Location A. Academy/Gregory Afxentiou
  • Sale price € 2.900.000
Details
  • Year built 2019
Features
  • Parking
  • Re sale
  • Title deeds
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