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Residential Development for sale in Kiti, Larnaca

Kiti, Larnaca, Cyprus
Residential Development for sale in Kiti, Larnaca 275 Kiti
Offers in the region of
275000 €275,000  ($293,406)
Residential Development
Kiti, Larnaca
Offers in the region of

€275,000  ($293,406)

VAT Applicable not included in the price
SOLD
AEA Address Estate Agents Ltd

AEA Address Estate Agents Ltd

Registration 1240. Licence 613/E

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Average Bank Rate (€275,000)
1 USD = 0.9056 EUR
$303,675

Mid-market rate (€275,000)
1 USD = 0.9373 EUR
$293,406

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: 980904 (123788)

Description

The property for sale is an under-construction residential complex of 12 houses in Kiti Community, in Larnaca District. It is located approximately 75 meters west of the Kiti–Pervolia connection road and approximately 350 meters south of Panagia Angeloktisti Church. The complex is named ASTEL KITI and consists of 21 residences and a green area. The houses for sale (No. 1-7 & 17-21) are incomplete in the preliminary stage and situated on the southwest part of the field. On-site houses No 1 & 2 are in the phase of the columns and beams structure completion, and the other ten residences (No 3-7 & 17-21) are in the phase of the foundation completion. All residences have similar designs and covered areas of approximately 110sqm each of the two bedrooms and approximately 150sqm each of the three bedrooms. They will consist of an open plan living room and kitchen and a guest bathroom on the ground floor and the first floor there are two/three bedrooms and a bathroom with toilet. It is noted that the property has acquired a distribution agreement. The houses for sale correspond to 609/1000 shares of the field and are specified with red color. It is considered an appealing investment opportunity.

Planning zone: Η2
Building Coefficient: 90%
Coverage Coefficient: 50%
Maximum Floors Allowed: 2
Maximum Building Height (m): 8,30

Total Covered Area: 1,516 m2
Land: 4,745 m2 Land
Share for sale: 609/1000

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