£1,413,725

€1,650,000

Villa for sale
Livadia, Larnaca, Cyprus

    • 12 baths

Added on 22/01/2024

About this property

    Off-plan residential apartment building comprising six 2-bedroom apartments with strong rental potential in Livadia, Larnaca

    Located in the rapidly growing coastal area of Livadia, this residential building offers an attractive investment opportunity just minutes from the sea, Larnaca city centre, and the upcoming Larnaca Port and Marina redevelopment. Positioned within a quiet cul-de-sac adjacent to a green area, the property benefits from easy access to shops, schools, universities, restaurants, the highway network, and Larnaca International Airport, making it highly appealing to both long-term tenants and owner-occupiers.

    Estimated Delivery - To be confirmed
    Price is subject to VAT. Standard VAT in Cyprus is 19%. Reduced 5% VAT applies to this property until December 2026 only, subject to conditions.

    Property Features:
    Property Type - Residential Apartment Building
    Total Apartments - 6
    Apartment Configuration - Six 2-Bedroom Apartments
    Building Floors - 3
    Covered Area per Apartment - Approx. 82 m2
    Roof Gardens - Private Roof Gardens (for 3rd-floor units)
    Parking - Allocated Covered Parking for Each Apartment
    Storage Rooms - Yes
    Elevator - High-Quality kone Lift
    Orientation - South Facing

    Project Features:
    The development consists of six spacious two-bedroom apartments arranged across three residential floors, creating a low-density living environment with excellent buy-to-rent potential. Each apartment features open-plan living spaces, south-facing verandas that maximise natural light, covered parking, and private storage facilities. The building is positioned next to a green area and benefits from a peaceful neighbourhood setting while remaining close to all essential amenities.

    The third-floor apartments offer exclusive access to private roof gardens on the fourth level, complete with a BBQ area, additional WC/shower facilities, and an extra room that can be utilised as a 3rd bedroom, office, or multipurpose space. These penthouse units also benefit from photovoltaic systems and net metering, enhancing energy efficiency and reducing operating costs. With its strategic location near the sea, this investment property represents an excellent opportunity with strong rental demand, long-term capital appreciation potential.

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