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