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Building
Chrysopolitissa, Larnaca

€2,100,000  ($2,398,939)

2Buy and 2Let

2Buy and 2Let

Reg. No: 1159/ Licensed No: 574

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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 $83,963

Average Bank Rate (€2,100,000)
1 USD = 0.8458 EUR
$2,482,902

Mid-market rate (€2,100,000)
1 USD = 0.8754 EUR
$2,398,939

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: 1760001 (5902)
  • Plot: 1076 sqm

Description

A rare chance to acquire a fully operational income-generating property comprising two buildings situated on two plots with a total land area of 1,076 m² and a building density of 120%.
Block A currently operates as a medical center. The ground floor consists of 7 professional offices, 3 WC facilities, a reception area with a waiting lounge, while the first floor features a spacious 3-bedroom apartment.
Block B includes 7 studio apartments on the ground floor, a large 3-bedroom apartment on the first floor, and a newly renovated, fully furnished 2-bedroom apartment on the second floor.
The majority of the premises are currently rented, providing immediate income to the new owner. The property offers a potential annual rental income of approximately €150,000 , delivering an estimated ROI of around 7%
This is a turnkey investment with an established rental stream, ideal for investors seeking stable returns and long-term capital appreciation.

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
€80,600 ($92,074)
If buying on joint names
€77,200 ($88,190)

Disclaimer - Property reference 1760001. 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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