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This three-storey residential building presents an exceptional investment opportunity in the sought-after area of Kiti, Larnaca. The property represents a 50% share of the plot, Distribution Agreement is available. An application is already in progress for horizontal and vertical subdivision and the issuance of separate Title Deeds.
Property Highlights:
• Total Units: Four (4) two-bedroom apartments
• Total Internal Area: 307 sq.m.
• Plot Area: 1/2 share of 844 sq.m. (approximately 422 sq.m.)
• Occupancy Status: Vacant
Building Description:
The building features four well-designed two-bedroom apartments. Each unit boasts a similar modern layout, including an open-plan living and kitchen area, a main bathroom, and two bedrooms—one of which features an en-suite shower and toilet.
Building Description:
1. Ground Floor – Apartment 001
• Enclosed Area: 82 sq.m.
• Uncovered Veranda: 29 sq.m.
• En-suite walk-in wardrobe
2. First Floor – Apartment 101
• Enclosed Area: 74 sq.m.
• Covered Verandas: 13 sq.m.
• Uncovered Verandas: 4 sq.m.
3. First Floor – Apartment 102
• Enclosed Area: 75 sq.m.
• Covered Verandas: 13 sq.m.
• Uncovered Verandas: 4 sq.m.
4.Second Floor – Apartment 201 (Penthouse)
• Enclosed Area: 76 sq.m.
• Covered Veranda: 3 sq.m.
• Large Uncovered Terrace: 101 sq.m.
An active application is currently in progress for both horizontal and vertical subdivision, as well as the issuance of separate Title Deeds.
There is a Distribution Agreement in place.
Pending issuance of Energy Performance Certificate.
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