Residential complex of 9 villas with high rental potential | Property ID:C-9xV3LcL_O02

  • €3,900,000
Larnaca, Livadia
Featured For Sale INVESTMENT OPTION OFF PLAN
Residential complex of 9 villas with high rental potential
Larnaca, Livadia
  • €3,900,000

Details

  • Property ID: C-9xV3LcL_O02
  • Price: €3,900,000
  • Property Size: 157 m²
  • Price / Sqm: €24840,76
  • Land Area: 195 m²
  • Bedrooms: 3
  • Bathrooms: 3
  • Property Type: Commercial Property
  • Property Status: For Sale

Description

Residential complex of 9 villas with high rental potential

* New apartment block for sale as a whole in Livadia coastal area near “Land of Tomorrow”, Cyprus *

Promising investment opportunity!

This residential complex with all architectural drawings and permission to build is consisting of 9 villas and is offered for sale as a whole. The package of design documentation and construction permits is completely ready. The plot of land is allocated in the coastal zone of Livadia near the “Land of Tomorrow”. The location and the project itself, consisting of 9 real estate units, has excellent return on investment funds.

An area with high rates of growth and near-term development, it is quickly becoming a destination for Cypriots and foreign investors, thanks to the new Larnaca “Land of Tomorrow”, Port and Marina development projects and multi-million dollar investments in Larnaca’s coastal area.

This new project of residential estate located just a few hundred meters from the sea, brings a calm, relaxing atmosphere to the local residents. From here, there is easy access to all urban amenities of the town of Larnaca, the resort of Ayia Napa and Protaras.

The planning solution is designed for 9 private villas (with three bedrooms, which are distributed on 2 floors of each house). Each of this 3-bed modern house consist of spacious living area and kitchen on the ground floor and bedrooms and bathrooms on the first floor.

The flat roof of the houses is especially attractive. Here you can arrange a private garden and relaxation area with panoramic sea views and a barbecue area, as well as an additional room, toilet, shower, workshop or storage room. In addition, solar panels for central heating or a photovoltaic system, a jacuzzi bar, and three-phase electricity, which is providing the underfloor heating can be placed on the roof.

It is impossible not to note the attractiveness and innovation in the architecture of the entire building. Using various shaping methods, the architect achieves an ideal compositional “picture” consisting of several real estate objects against the backdrop of the external environment. Smooth and straight lines break the structure into asymmetrical elements and blocks, and due to the different volumes and proportions, the ideal aesthetic image of the property is created. This distinguishes the project from most others, where the balance, is also achieved, but due to the constructive symmetry.

Thanks to the architects and designers of the project, all the villas in the complex will represent an exceptional place to live and relax with the family.

The property will be built using expensive materials to complete a high-quality 2-story private properties with private garden and parking.

Each villa has a relaxation area and spacious balconies. Each villa will have a provision for air conditioning systems, ventilation for fresh air and a pressurized water supply system.

There are options for communal swimming pool, gym and option for buyer to make his own design of the houses. Additionally, there is the possibility of satellite connection to television channels.

Adjacent to resort areas that carry the atmosphere of a happy holiday, local residents do not get involved in the whirlpool of negative emotions, have absorbed a calm attitude towards life, find hobbies to their taste and see a positive outcome in any situation.

Due to the exclusive location, the acquisition of the entire building with 11 apartments provides several possibilities for their use, including short-term or long-term rental, resale, repurposing of apartments for offices.

The project of this residential building is ready for implementation in Livadia coastal area of Larnaca district near “Land of Tomorrow” (Cyprus) and offered for sale at very good price. Ideal for investment purposes!

Project is applicable 5% Vat (law prior to November 2023 change) and offer a possibility of buying company shares, which saves the buyer 19%.

The property provided by title deeds in order to transfer the ownership to the new owner upon purchasing. Planning permit exists.

Feel free to contact us directly (telephone Mr. Douglas) for other features of this exclusive project, which are included in the individual specifications attached to the architectural plans and which are telling us much more about its advantages.

TITLE DEEDS AVAILABLE FOR THIS PROPERTY.

* This is a great opportunity in this up-and-coming area of Larnaca that should not be missed!

P.S. The project, consisting of 22 villas, but is divided into parts.

22 villas in the complex is offered for sale at a price of 9,900,000 Euros (+ VAT 5%). Plus, the price includes adjacent agricultural land with an area of 9343 square meters.

One part of the whole complex, which is consisting of 9 villas, which are offered at a price of 3,900,000 Euros (+ VAT 5%).

Address

  • City Larnaca
  • Area Livadia

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