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2 Bedroom Apartment
Larnaca Municipality, Larnaca

€510,000  ($589,148)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/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 $20,620

Average Bank Rate (€510,000)
1 USD = 0.8364 EUR
$609,768

Mid-market rate (€510,000)
1 USD = 0.8657 EUR
$589,148

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: 1796734 (1114)
  • Bedrooms: 2
  • Bathrooms: 3
  • Total covered area: 118 sqm
  • Resale built in 1990

Description

For sale is a charming duplex located in the heart of Larnaca at Finikoudes Beach, offering 104 m2 of internal space and 14m2 of covered balconies. The property features two spacious bedrooms and three well-appointed bathrooms. Situated on the first and second floor, with convenient elevator access and a private staircase, this home is perfect for Airbnb rentals, producing maximum return.

The duplex comprises of an open plan living/dining area, a kitchen and a guest toilet on the first floor, as well as two bedrooms (one of which en-suite) and a bathroom on the second floor. The two floors are connected via an internal staircase. There are double-glazed windows, ceramic flooring and split units installed.

The flat has been thoughtfully renovated in 2014, blending modern conveniences with the timeless appeal of its 1990-built structure. It comes partially furnished, allowing you to easily add your personal touch. Enjoy beautiful city views from your window, creating a bright and inviting atmosphere throughout the living spaces.

Finikoudes is the most commercial and touristic spot of Larnaca, known for their ancient castle and St. Lazarous Church, all located within a few meters from the property. The area is also known for its vibrant atmosphere, with plenty of amenities just a short stroll away. Take advantage of local shops, cafes, and restaurants, or relax by the stunning beaches within walking distance. This area is perfect holiday and travelers making it the best choice for short term rentals.

According to Airbnb data, the area can gross about €45.000,00 in annual rental revenue and net about €25.000,00 producing a net yield of approximately 5% at the current asking price.

Don't miss out on this wonderful opportunity to secure a better investment for your portfolio.

Call Monday Square, better real estate experts ready to assist you every step of the way.

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
€17,000 ($19,638)
If buying on joint names
€13,600 ($15,711)

Disclaimer - Property reference 1796734. 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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