307m2 Commercial property in Kiti, Larnaka, Cyprus No. 50664

This three-storey residential building presents an exceptional investment opportunity in the sought-after area of Kiti, Larnaca. The property represents a 50% share of the plot, Distribution Agreement is available. An application is already in progress for horizontal and vertical subdivision and the issuance of separate Title Deeds.

Property Highlights:
• Total Units: Four (4) two-bedroom apartments
• Total Internal Area: 307 sq.m.
• Plot Area: 1/2 share of 844 sq.m. (approximately 422 sq.m.)
• Occupancy Status: Vacant

Building Description:
The building features four well-designed two-bedroom apartments. Each unit boasts a similar modern layout, including an open-plan living and kitchen area, a main bathroom, and two bedrooms—one of which features an en-suite shower and toilet.

Building Description:
1. Ground Floor – Apartment 001
• Enclosed Area: 82 sq.m.
• Uncovered Veranda: 29 sq.m.
• En-suite walk-in wardrobe

2. First Floor – Apartment 101
• Enclosed Area: 74 sq.m.
• Covered Verandas: 13 sq.m.
• Uncovered Verandas: 4 sq.m.

3. First Floor – Apartment 102
• Enclosed Area: 75 sq.m.
• Covered Verandas: 13 sq.m.
• Uncovered Verandas: 4 sq.m.

4.Second Floor – Apartment 201 (Penthouse)
• Enclosed Area: 76 sq.m.
• Covered Veranda: 3 sq.m.
• Large Uncovered Terrace: 101 sq.m.

An active application is currently in progress for both horizontal and vertical subdivision, as well as the issuance of separate Title Deeds.
There is a Distribution Agreement in place.
Pending issuance of Energy Performance Certificate.