Property ID : 4355
Sold €400,000 - Building
Available for sale are two buildings (two – storey) in Chrysopolitissa quarter, in Larnaca Municipality.
The property is ideally located close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access to the City Center and the beach.
Within the property there are two detached residential buildings (eastern & western) that are both in a medium condition and required a partially renovation. The eastern building is approximate 55 years of age and consists of a ground floor and upper-level floor house with total area of approximate 142sqm plus 34sqm covered verandas. The western building is approximate 45 years of age and consists of a ground floor and upper-level floor house with total area of approximate 236sqm plus 35sqm covered verandas.
The property falls within planning zone is Κα4, which allows the construction of a three-storey building and maximum building coefficient of 120%.
It is important to note that in case of building renovation the property can be rented with high return/ yields.
The property is vacant, and it is considered as an ideal investment choice.
