Residential Building in Kiti, Larnaca
| Residential Building | DP-CY17975
Description
The property is a three-storey residential building located in the sought-after area of Kiti, Larnaca, representing a 50% share of a plot of approximately 422 sq.m., with a Distribution Agreement in place and an active application for horizontal and vertical subdivision, as well as the issuance of separate title deeds.
The property consists of four two-bedroom apartments with a total internal area of 307 sq.m., all currently vacant, each designed with an open-plan living and kitchen area, a main bathroom, and two bedrooms, including a master bedroom with en-suite facilities.
The property includes a ground floor apartment with 82 sq.m. internal area and a 29 sq.m. uncovered veranda, two first floor apartments with internal areas of 74 sq.m. and 75 sq.m. respectively, each with covered and uncovered verandas, and a second floor penthouse of 76 sq.m. with a large 101 sq.m. uncovered terrace.
The property is ideally located close to main roads and key amenities, making it an excellent investment opportunity with strong potential for future development and individual unit resale.