Commercial property for sale in Kiti, Cyprus

Two-Story Apartment Building for Sale in Kiti Area, Larnaca. The property is located in a peaceful residential area of Kiti near a plethora of amenities, including schools, supermarkets, pharmacies, banks, restaurants, shops, Church, Park etc. A short drive to Kiti beaches including the well-known surfing beach. A short drive to Larnaca International Airport and Larnaca Town with easy access to the motorway linking cities.

The building consists of one apartment on the ground floor, two apartments on the first floor and one apartment on the second floor. Additionally, there are four covered parking spaces.

The First Unit is on the ground floor it has enclosed area of 82sq m. It consists an apartment with two bedrooms, one open plan living and dining area and 2 wc.
The Second and the Third Unit are placed on the first floor. They consist of two, two-bedroom apartments each with 75 sq m enclosed area approximately.
The Fourth Unit is placed on the second floor and has enclosed area of 76 sq m. It consists of a two-bedroom apartment

The asset contains expired division permit into two plots, planning and building permits for the development of 4 apartments along with the final approval. For the activation of this permits, renewal must take place. The property falls within Zone H2, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (8.3m) of construction.

Ιt is well noted that the property is vacant.