Description

A 2-bedroom apartment located in Oroklini, Larnaca, offered fully furnished and currently rented, generating an approximate 6.3% annual yield. This makes it an attractive option for investors seeking immediate rental income with future value-add potential. The apartment offers a practical open-plan kitchen and living area, tiled floors, one bathroom, and a comfortable 61 sqm internal space. Built in 1993, the layout is functional and easy to upgrade; however, the property requires some renovation and cosmetic improvements, allowing the new owner to modernise and increase both rental and resale value. Air-conditioning is installed in one room only, providing a starting point for further upgrades if desired. Essential utilities such as water and electricity are already in place. Situated in a convenient residential area of Oroklini with easy access to local amenities, shops, and main roads, this apartment represents an affordable entry-level investment with existing income and clear upside potential through refurbishment.