Investment Opportunity in a whole building of 4 Apartments at Kiti, Larnaca – id S2845

An excellent investment opportunity in a whole building consisting of 4 two bed apartments, located in a highly residential and central location in Kiti, Larnaca. andlt;br /andgt; The building was constructed in 2011 and consists of one apartment on the ground floor, two apartments on the first floor, and one penthouse apartment on the second floor. andlt;br /andgt; Additionally, there are four covered parking spaces. andlt;br /andgt; The apartments are all vacant.andlt;br /andgt; Apartment with door no.1 on the ground floor consist of an open plan living, dining and kitchen area, two bedrooms of which the master bedroom is en-suite, a main bathroom and a big veranda.andlt;br /andgt; On the first floor there are 2 two bedroom apartment with doors number 101 and 102. andlt;br /andgt; Each apartment consists of an open plan living, dining and kitchen area, two bedrooms of which the master bedroom is en-suite, a main bathroom and a big veranda..andlt;br /andgt; Apartment no. 201, situated on the second floor, consists of an open plan living, dining and kitchen area, two bedrooms of which the master bedroom is en-suite, a main bathroom and a very big veranda of approximately 101 sq.m.andlt;br /andgt; The asset is an ideal opportunity for investment as it benefits from:andlt;br /andgt; – A great location in the residential area of Kiti which comprises of many services and easy access to the motorway.andlt;br /andgt; – 5 minutes away from the airport andlt;br /andgt; – 4 already built apartments with great opportunity for immediate renovation and rentandlt;br /andgt; andlt;br /andgt; The asset is located approximately 150m south of Archbishop Makarios III Avenue, a main road that connects Larnaca Municipality with Meneou Municipality and about 250 meters south of the Kiti Regional Gymnasium.andlt;br /andgt; The property falls within Zone H2, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (8.3m) of construction.