Property Details
  • Property Refrence: 249225
  • Agent:
  • Property Type: Commercial property
  • Property status: Sales
  • Property Price: € 400,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Built: 256
  • Country: Cyprus
  • Region: Larnaka
  • City: Aradippou
Description

Investment opportunity: a fully independent, multi-level residential building on a 281 m2 plot, with 256 m2 of internal space, close to the mall area in Larnaca. The building is currently arranged as three whole-floor apartments plus an attic level. The layout allows conversion into six to eight one- or two-bedroom apartments, making it suitable for long-term tenants, short-term rentals or a multi-unit investment. Ground floor Open-plan layout with high ceilings, living and dining areas, a fully equipped kitchen and generous bedroom space that can be divided into one or two independent flats. Direct access to a landscaped outdoor area. First floor Whole-floor apartment with large windows and good natural light. Multiple living areas allow flexible planning - the structure supports two one-bedroom flats or a single two- to three-bedroom residence. Modern bathrooms throughout. Upper floor Open, well-finished spaces suited to conversion into two one-bedroom units or a two-bedroom apartment. Attic level Additional rooms suitable for studio apartments, private offices or guest suites. Key features - 256 m2 internal area on a 281 m2 plot - 3 independent apartments plus attic - Flexible layout for 6-8 one- or two-bedroom flats - Suitable for short-term or long-term rental income - Location with consistent rental demand Price: 400,000 EUR for the whole building (price reduced).