fbpx

Investment Opportunity-building in Oroklini

  • €725,000
Larnaca, Coastal Areas, Oroklini, Oroklini, Cyprus

Overview

Property ID: 9143
  • Buildings - Investments
  • Property Type
  • 2008
  • Year Built
  • 354

Details

Updated on January 24, 2025 at 2:47 pm
  • Property ID: 9143
  • Price: €725,000
  • Property Size: 354 m²
  • Land Area: 530 m²
  • Year Built: 2008
  • Property Type: Buildings - Investments
  • Property Status: For Sale, Resale

Description

Investment Opportunity-Two storey building in Oroklini

This exceptional property is located in the desirable community of Oroklini, offering an ideal combination of residential comfort and excellent access to amenities, services, and transport links.
Built in 2008, it is a two-storey building comprising 8 one-bedroom apartments.
Each apartment is designed with an open-plan living room and kitchen, one bedroom, a main bathroom, and a covered veranda.
The building includes designated parking spaces and storage rooms for each flat, making it a perfect option for rental investment or private residence.

Key Features:

Plot Area: 530 sqm
Building Coefficient: 90% = 477 sqm
Coverage Coefficient: 50% = 265 sqm
Floors: 2
Height: 8.3 meters (approved height up to 9.65 meters)

Ground Floor Details:
Lobby Area: approx. 20.2 sqm
EAC: approx. 4 sqm
Disabled W/C & 2 Washrooms: approx. 23.7 sqm
Parking Spaces: 8 (including 1 for disabled access)
First Floor (Total Area approx. 236 sqm):
Unit 1: 50 sqm (Net Area: 43.5 sqm) + Covered Veranda: 5.3 sqm
Unit 2: 50 sqm (Net Area: 43.5 sqm) + Covered Veranda: 5.3 sqm
Unit 3: 51.5 sqm (Net Area: 45 sqm) + Covered Veranda: 3 sqm
Unit 4: 49.8 sqm (Net Area: 44 sqm) + Covered Veranda: 3 sqm
Second Floor (Total Area approx. 236 sqm):
Unit 1: 50 sqm (Net Area: 43.5 sqm) + Covered Veranda: 5.3 sqm
Unit 2: 50 sqm (Net Area: 43.5 sqm) + Covered Veranda: 5.3 sqm
Unit 3: 51.5 sqm (Net Area: 45 sqm) + Covered Veranda: 3 sqm
Unit 4: 49.85 sqm (Net Area: 44.5 sqm) + Covered Veranda: 3.5 sqm
Roof Plan:
Lobby: approx. 7.7 sqm (Excluding lift and staircase)
Swimming Pool: approx. 12.5 sqm
Deck: approx. 22.3 sqm

Technical Compliance:
The building complies with approved permit drawings. The Certificate of Final Approval (COFA) references the latest permits.
This is an excellent opportunity for rental investment or a private residence in a vibrant and accessible location.

The asset is located approximately 450 m southwest of the community center and approximately 850m north of Larnaca-Ayia Napa-Paralimni motorway.

The property falls within Zone H2, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (8.3m) of construction.

  • City Larnaca
  • Area Coastal Areas, Oroklini
  • Country Cyprus

Mortgage Calculator

Monthly
  • Principal & Interest
%

Similar Listings

All information provided herein has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice. Arena Properties Real Estate and its affiliates make no representation, warranty or guaranty as to accuracy of any information contained herein.

Compare listings

Compare
Stelios Hambis
  • Stelios Hambis

Transfers Fees Calculator

Want to learn how much are you paying for transferring a property?