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4 Bedroom Apartment
Mackenzie, Larnaca

€540,000  ($618,128)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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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 $21,634

Average Bank Rate (€540,000)
1 USD = 0.8441 EUR
$639,762

Mid-market rate (€540,000)
1 USD = 0.8736 EUR
$618,128

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: 1578977 (15501)
  • Bedrooms: 4
  • Bathrooms: 4
  • Total covered area: 261 sqm

Description

Three fully renovated (Two 1 bed apt and one 2 bed apt) in an amazing location, built right on the sea, offering park view (partly sea).
The apartments are located in the tourist Makenzy Area. Only 7 minutes’ drive to Larnaca International Airport. Within walking distance to a fishing marina, the promenade, Larnaca Marina, City Centre, shops and a variety of entertainment facilities. The property is located near the famous Aliki Salt Lake and the Halan Sultan Mosque.
A playground, water sports facilities, convenience stores, bike & car rental, a supermarket, several restaurants, and ice cream shops can also be found nearby, while the city’s nightlife center is within a short walking distance. Finikoudes Promenade is just 2 km away. Saint Lazaros Church is at 2 km. Larnaca Medieval Castle is at 2.5 km.
The nearest airport is Larnaca International Airport, 2.7 km from the property.
Great opportunity for investors looking for High ROI with the possibility of both Short term and Long term rental income. This is 1 apartment converted into 3 apartments

The return on investment for a long term rent is 6% and short term rent 10% (we can keep managing the flats if the new owner agrees to this)

There is one title deed for all 3 flats, I have made an internal division. The flats are now fully rented

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
€18,200 ($20,833)
If buying on joint names
€14,800 ($16,941)

Disclaimer - Property reference 1578977. 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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