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3 Bedroom Detached house
Faneromeni, Larnaca

€650,000  ($750,885)

Arena Properties

Arena Properties

Reg. No: 1015 / Licensed. No: 481/E

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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 $26,281

Average Bank Rate (€650,000)
1 USD = 0.8364 EUR
$777,166

Mid-market rate (€650,000)
1 USD = 0.8656 EUR
$750,885

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: 7463795 (10081)
  • Bedrooms: 3
  • Bathrooms: 2
  • Plot: 576 sqm
  • Resale built in 1984

Description

Investment Opportunity in Prime Larnaca Location

This unique property, located in the highly sought-after area of Agios Nikolaos, Larnaca, offers an incredible investment opportunity. While the existing 3-bedroom, 2-bathroom house (206sqm internal area) is in a livable condition, the true value lies in the expansive 576sqm plot of land it sits on.

The plot boasts a building density of 120%, allowing for the construction of a multi-level apartment building of up to 3 floors (13.5 meters).

The location is truly unbeatable, providing a wide array of amenities within minutes:

Just a 5-minute drive from the new Metropolis Mall, major supermarkets, and schools.
Only a 5-minute drive to the famous Finikoudes Beach.
A quick 15-minute drive to Larnaca International Airport.

Adding to its appeal, the property offers an incredible view of the Larnaca Salt Lake.

Don’t miss out on this excellent opportunity to invest in a prime location.

Land Size: 576sqm
House Internal Area:206sqm
Bedrooms: 3
Bathrooms: 2
Building Density: 120%
Year Built 1984

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
€22,600 ($26,108)
If buying on joint names
€19,200 ($22,180)

Disclaimer - Property reference 7463795. 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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