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Apartment Building
Oroklini, Larnaca

€725,000  ($826,242)

SOLD IN 35 DAYS
Bank Owned Property
Investia Estate Agents

Investia Estate Agents

Reg. No. 509/ Lic. No.255/E

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BuySell Cyprus Real Estate offer on property will expire soon
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Compared currency flag Pay in USD and save up to $28,918

Average Bank Rate (€725,000)
1 USD = 0.8478 EUR
$855,160

Mid-market rate (€725,000)
1 USD = 0.8775 EUR
$826,242

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: 1660116 (15106)
  • Plot: 530 sqm
  • Parking
  • Re sale

Description

This exceptional property is located in the desirable community of Voroklini (Oroklini), offering an ideal combination of residential comfort and excellent access to amenities, services, and transport links.
Built in 2008, is a two-storey building comprising 8 one-bedroom apartments.
Each apartment is designed with an open-plan living room and kitchen, one bedroom, a main bathroom, and a covered veranda.
The building includes designated parking spaces and storage rooms for each flat, making it a perfect option for rental investment or private residence.

Key Features:
Plot Area: 530 sqm
Building Coefficient: 90% = 477 sqm
Coverage Coefficient: 50% = 265 sqm
Floors: 2
Height: 8.3 meters (approved height up to 9.65 meters)

Existing Permits:
Planning Permit for 8 apartments
Planning Permit for approval of amended drawings
Planning Permit for approval of total height (9.65m)
Building Permit for 8 apartments development
Building Permit for the addition of a swimming pool and 2 W/Cs on the ground floor
Ground Floor Details:
Lobby Area: approx. 20.2 sqm
EAC: approx. 4 sqm
Disabled W/C 2 Washrooms: approx. 23.7 sqm
Parking Spaces: 8 (including 1 for disabled access)
First Floor (Total Area approx. 236 sqm):
Unit 1: 50 sqm (Net Area: 43.5 sqm) + Covered Veranda: 5.3 sqm
Unit 2: 50 sqm (Net Area: 43.5 sqm) + Covered Veranda: 5.3 sqm
Unit 3: 51.5 sqm (Net Area: 45 sqm) + Covered Veranda: 3 sqm
Unit 4: 49.8 sqm (Net Area: 44 sqm) + Covered Veranda: 3 sqm
Second Floor (Total Area approx. 236 sqm):
Unit 1: 50 sqm (Net Area: 43.5 sqm) + Covered Veranda: 5.3 sqm
Unit 2: 50 sqm (Net Area: 43.5 sqm) + Covered Veranda: 5.3 sqm
Unit 3: 51.5 sqm (Net Area: 45 sqm) + Covered Veranda: 3 sqm
Unit 4: 49.85 sqm (Net Area: 44.5 sqm) + Covered Veranda: 3.5 sqm
Roof Plan:
Lobby: approx. 7.7 sqm (Excluding lift and staircase)
Swimming Pool: approx. 12.5 sqm
Deck: approx. 22.3 sqm

Technical Compliance:
The building complies with approved permit drawings. The Certificate of Final Approval (COFA) references the latest permits.
This is an excellent opportunity for rental investment or a private residence in a vibrant and accessible location.

The asset is located approximately 450 m southwest of the community center and approximately 850m north of Larnaca-Ayia Napa-Paralimni motorway.

Main information
RegionLarnaca
DistrictVillage
LocationOroclini
Sale price€725,000
Details
Year built2008
Plot size530 m2

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
€25,600 ($29,175)
If buying on joint names
€22,200 ($25,300)

Disclaimer - Property reference 1660116. 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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