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3 Bedroom Bungalow
Chrysopolitissa, Larnaca

€230,000  ($264,996)

Mayfair Properties

Mayfair Properties

Reg. No: 396 / License No: 492

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $9,275

Average Bank Rate (€230,000)
1 USD = 0.8386 EUR
$274,270

Mid-market rate (€230,000)
1 USD = 0.8679 EUR
$264,996

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8442485 (260394)
  • Bedrooms: 3
  • Bathrooms: 1
  • Total covered area: 103 sqm
  • Plot: 249 sqm
  • Resale built in 1970
  • Air Conditioning
  • Balcony
  • Covered Parking
  • Main Bathroom
  • Separate Fitted Kitchen

Description

Located in the sought-after Prodromos area, this charming 3-bedroom bungalow offers a fantastic opportunity for homeowners and investors alike. Situated in the heart of Larnaca, the property combines convenience, potential, and generous outdoor space.

The house features three bedrooms, a main family bathroom, and a spacious lounge and dining area perfect for relaxing or entertaining. A separate kitchen opens onto a practical back veranda, while the front of the property boasts a pleasant outdoor veranda — ideal for enjoying Cyprus’s beautiful weather year-round. The property also benefits from ample parking space, making it convenient for multiple vehicles.

Set on a 249 sqm plot with a covered area of 103 sqm, the property comes with impressive development potential. With a building density of 120%, coverage factor of 50%, and maximum height allowance of 13.5 meters (up to 3 floors), this is an excellent opportunity for redevelopment into a residential building or expansion project.

Although the bungalow requires some renovation, it offers great potential to be transformed into a beautiful holiday home, a profitable rental property, or a smart investment development.

Key Features:
• 3 bedrooms
• 1 main bathroom
• Spacious lounge and dining area
• Separate kitchen
• Front and back verandas
• Large outdoor space
• Ample parking
• Plot: 249 sqm
• Covered area: 103 sqm
• Building density: 120%
• Coverage: 50%
• Maximum height: 13.5m (3 floors)
• Prime central location

This property represents a rare opportunity to secure a home with both immediate living potential and strong long-term investment value in one of Larnaca’s most desirable central areas. 🏡

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€5,800 ($6,682)
If buying on joint names
€4,050 ($4,666)

Disclaimer - Property reference 8442485. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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