Investment for Sale in Kiti

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€1,600,000 EUR

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Ref 2273201 | Kiti, Larnaca | Property

Currency services provided by Excel Currencies 1,600,000 EUR  |  Approx.£1,377,760 GBP  |  Approx. US$1,712,320 USD
  • Type: Investment
  • Location: Kiti
  • Province: Larnaca
  • Country: Cyprus
  • Bedrooms: 0
  • Bathrooms: 0

The property is a mixed used, two-storey building centrally located on a busy commercial zone in Kiti. The building consists of a retail unit on the Ground floor and 13 apartments on the 1st and 2nd floors with a basement and a roof garden. The ground floor retail unit is currently leased to a supermarket, while the apartments are all vacant. The basement contains an electricity substation, parking spaces, storage rooms for the apartments and the shop. The ground floor also has parking spaces, storage for the apartments and a large retail unit with all the necessary fittings for a supermarket. The first floor has 4 two-bed apartments and 1 one-bed apartment. The mezzanine, on the same level, has toilets, offices and storage rooms. The second floor has 6 two-bed and 2 one-bed apartments. The apartments are all similar in design with an open-plan kitchen and living area and a bathroom. The master bedroom has en-suite toilet with shower. They also have covered verandas some of which provide a view to the area. The northern facing apartments have large uncovered verandas.

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