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NEW HOME

Larnaca Town, Larnaca, Larnaca, Cyprus

€485,000
Palourtis, Larnaca
PROPERTY TYPE

Penthouse

BEDROOMS

4

BATHROOMS

3

SIZE

98 sq ft

9 sq m

Key features

  • Title deeds
  • Full airconditioning
  • Electric appliances
  • Audio & Video Door Entry System with remote control bar entry for tenants
  • high quality construction
  • Hidden ceiling lighting feature in living area

Description

Our last available apartment - 601 with separate Title Deed

The Academia Tower is a 7-floor luxury apartment building excellently located in Larnaca town centre, in a quiet residential area behind the American Academy school and close to amenities. The famous Finikudes sea promenade is only 700m away. Larnaca also hosts the main International Airport at a distance of 8.3 km.

Three apartments are allocated to the first and second floors, all of which consist of an open-plan living and kitchen area, 2 bedrooms (the master with an en-suite shower), a main bathroom, and a covered veranda.

The top-floor apartments, with 4 bedrooms located on the 6th floor, enjoy individual access to their private roof garden on the 7th floor, hosting the 4th bedroom, a WC/shower room, sauna, and a barbecue area. These flats also benefit from solar panel net metering, offering the prospective buyer an extra financial incentive.

Additional features:

Hidden ceiling lighting feature in living area
Full airconditioning
Electric appliances
allocated parking and storage
Audio & Video Door Entry System with remote control bar entry for tenants.
high quality construction
Smart home provision
class A energy efficient
south orientation of project providing light and airy units.
The sectioned architectural design of Academia Tower allows independent positioning of the apartments on each floor, offering maximum privacy.

A huge demand for rentals has been noticed in this area. An excellent investment opportunity that can create an income of 5% from yearly rentals and up to 9% for short term rentals.

Free of mortgage. Title deeds guaranteed. Price +VAT

Larnaca Town, Larnaca, Larnaca, Cyprus

NEAREST AIRPORTS

Distances are straight line measurements
  • Larnaka(International)
    3.3 miles
  • Ercan(Local)
    17.3 miles
  • Pafos(International)
    66.7 miles
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About the agent

Palourtis, Larnaca

1 Neapoleos Str, Forest Beach Estate Shop 5, Oroklini Larnaca, Cyprus 7041

Palourtis, Larnaca

Palourtis Real Estate Agents is a company with a long history in the Cyprus property market.

Our first real estate agency, the “Palourtis Family Real Estate Agents” was established in Famagusta in 1970 by Mr. Pambos Palourtis. Today Palourtis Real Estate Agents operates with the registered estate agent Mr. Adamos Palourtis reg. No.462, located in Larnaca.

Excellence and integrity has helped us build a high reputation in the Cyprus property market and abroad, with clients from man

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Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Palourtis, Larnaca (reference 5371) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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