Commercial property for sale in Oroklini, Larnaca, Cyprus

£1,287,062 (€1,500,000)
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Commercial property for sale

14

Property description

Rose Apartments is a 3-storey block close to the tourist area of Larnaca, the main airport town of Cyprus.

Housing only two one-bedroom apartments, four two-bedroom apartments and one 3-bedroom penthouse apartment, the emphasis at Rose Apartments is on cozy modern comfort in a prime location that will appeal in particular to singles, young couples and families.

The beautifully designed building with its decorative stone feature offers access to all the highlights of Larnaca: Proximity to one of the town’s most popular sandy beaches and entertainment hot spots, a short drive from the Cyprus campus of the University of Central Lancashire as well as the American University of Cyprus, and easy access to the motorway leading to the international airport and all the other main towns.

Thanks to the combination of convenient location and easy living, Rose Apartments is an address that will satisfy the needs and wishes of local or expatriate residents, as well as holidaymakers, and is therefore an excellent investment that will attract long-term as well as short-term tenants throughout the year. An ideal opportunity for a single and promising investment.

Overview

3-storey building with seven apartments
Two 1-bedroom apartments, 63.60m2
Four 2-bedroom apartments, 92m2 to 116m2
One 3-bedroom penthouse, 127m2 plus 144m2 uncovered veranda
Spacious open-plan kitchen, living room and dining area
Large verandas
Private car park
Private storage rooms on the ground floor

Special features

Built-in wardrobes
Fitted kitchen
Quality ceramic floor tiles
Laminate floors in bedrooms
European sanitary ware
Double glazed windows and veranda doors
Water pressure system
Solar heating system for hot water
Main entrance with intercom system

Larnaca, Cyprus
Year of Construction: Delivery in 12 months
€1,500,000 + VAT

There are numerous reasons why buying property in Larnaca, a charming city located on the southeastern coast of Cyprus, is a smart choice. Larnaca offers a unique blend of natural beauty, rich history, economic potential, and a relaxed lifestyle, making it an appealing destination for investors and individuals seeking a new place to call home.

Strategic Location: Larnaca enjoys a strategic location, making it easily accessible from major cities and international destinations. The city is home to the country's main international airport, providing excellent connectivity to Europe, the Middle East, and beyond. Larnaca is also well-connected to other Cypriot cities, making it convenient for travel within the island.

Expanding Economy: Larnaca has experienced significant economic growth in recent years, with thriving sectors such as tourism, shipping, services, and real estate. The city's strategic location, coupled with government initiatives to attract investment, has created a favorable business environment, presenting opportunities for economic prosperity and job creation.

Beautiful Beaches: Larnaca boasts stunning sandy beaches with clear turquoise waters, offering residents and visitors an opportunity to relax, swim, and enjoy water sports. The city's coastline is dotted with Blue Flag beaches, ensuring high-quality standards and pristine environments.

Rich Cultural Heritage: Larnaca is steeped in history and culture, with numerous historical sites and landmarks. The city is home to the Church of Saint Lazarus, an impressive Byzantine church dating back to the 9th century, as well as the Larnaca Salt Lake, a protected area that serves as a habitat for migratory birds.

Affordable Property Prices: Compared to other popular destinations in Cyprus, Larnaca offers relatively affordable property prices, making it an attractive option for buyers. Whether you're looking for a beachfront apartment, a traditional village house, or a modern villa, Larnaca provides a range of options to suit different budgets and preferences.

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
SLV Estates Ltd, TQ6 on +44 330 098 8971 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SLV Estates Ltd, and do not constitute property particulars. Please contact SLV Estates Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.