1 bdrm apartments for sale in Kiti village, Larnaca.

The Project is a building of 2 floors and 6 apartments, 3 apartments on each floor.

The building is a slow 8-10 minute drive from Larnaca city and about a 4-5 minute drive from Larnaca airport.
Kiti is about 40 minutes from the capital Nicosia, about 50 minutes from the city of Limassol and about an hour and a quarter from the city of Paphos.
If you want to travel in the Troodos Mountains, an hour and a quarter drive awaits you until you reach the forests of the Troodos Mountains and the waterfalls and streams of the high mountain.

Apartment prices in Kiti are rising and will rise significantly from year to year.
Property in Kiti for investment or residential purposes is a good investment that will always be easily sold.

It is estimated that the apartment prices in Kiti will increase every year by about 10-20%. For those who are thinking about an apartment for investment, then beyond the profit from the increase in the value of your property, you can expect a return of 6% or more per year, depending on the quality of the design you choose for the apartment. If you choose to rent the apartment(s) for a short period of time, you will achieve a higher return up to 17% gross per year, before managing costs of the property.

In the building you can find apartments of 1 and 2 rooms with small or larger balconies.

The estimated term for the completion of the project is approx. MARCH 2025 (the binding date will be specified in the sales agreement).

PRICES - 

1 BDRM FIRST FLOOR - 46SQM COVERED AREA, 8SQM COVERED BALCONY, COVERED GARAGE AND A STORAGE ON THE GROUND FLOOR, FOR 136,000 EURO PLUS VAT.

OPTIONAL - Roof Garden Option, 24-30sqm. Without Private stairs to the Roof, for 13,000 EURO.

Additional warehouse ,5.9 sqm – optional for 2,500 EURO.