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Residential building for investment in Larnaca Project №115189

115189
https://dom.com.cy/upload/resize_cache/uf/97b/1920_1080_2/xjnereftw48n3kf5bxvpm20ntmpp1qt4.jpg
Additional:
Air Conditioner
Parking
Storage
Elevator
Toilet
Description:

We are pleased to present an excellent investment opportunity – a residential building located next to Larnaca International Airport. The original building was built in 2010, some of the apartments were sold, but then bought back, and the exterior of the building underwent a large-scale renovation. The interior is still in need of renovation, which gives you the opportunity to customize the project to your needs and maximize its cost.

4 double apartments

1 single room apartment

2 studios

Proximity to amenities: The building is close to all necessary services and a short drive from Larnaca International Airport, which makes it very attractive for potential tenants.

Investment potential:

The building is being sold in its current condition, which makes it possible to carry out internal repairs and turn it into a highly profitable rental facility. The region is experiencing active development and capital growth, which makes this offer especially profitable.

VAT advantage:

Of the seven apartments, three are new and are being sold for the first time, so a VAT of €65,000 applies to the entire building — this is a significant saving for the buyer.

Additional features:

Individual title documents: Each apartment has its own separate title, which simplifies the process of resale or rental.

Universal investment: This property is ideal for investors who want to complete the renovation and either sell the apartments individually or rent them out to obtain a stable income.

For more information or to arrange a viewing, please contact us for a free investment consultation.

Read more
Object
№115189
Type:
Commercial
City:
District:
Complex:
Developer:
Total area:
494 m2
Storey:
2
Year of construction:
01/2011
Distance to the sea:
2800 m
Payback:
12 years
ROI:
9%
770 000 EUR + VAT
1 559 EUR/m2
878 000 EUR
2025-09-24T00:01
115189
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