- 27,285,000 €
- 4.7% yield
This excellently located building features 12 one-bedroom flats and 1 three-bedroom flat, each equipped with a kitchen, bathroom, and balcony. The ground floor includes a reception area and a spacious area with a bar, which can be operated as either a restaurant or a cafe-bar, providing an opportunity for additional income. Externally, the property boasts a swimming pool and a green area, perfect for relaxation and outdoor activities. The building is situated on a plot of approximately 1,300 m² and offers stunning sea views from both the first and second floors. Conveniently located just a 15-minute drive from Larnaca town center and Larnaca International Airport via the highway, the property is surrounded by various tourist amenities, including restaurants, supermarkets, convenience stores, other hotels, and pharmacies. Please note: The building requires a complete renovation, presenting an excellent opportunity for investors to customize and upgrade the property to their specifications. This is a prime investment opportunity, and viewing is highly recommended.
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