Apartment in Ayios Nikolaos (parish), Larnaca
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Auction
- Lot 9
- Cyprus
- Apartment
- Residential
Sold for €85.000
Property Summary
- A second floor two-bedroom apartment.
- Extending to approximately 78 sq. m. internal area and 10 sq.m. covered veranda.
- Vacant possession.
- ±8.5% ROI potential.
- The sale of the property, which comprises of a two-bedroom apartment is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.
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Property description
- A two-bedroom apartment with door no. 201, situated on the second floor of a 3-storey apartment building known as “Sofrano”.
- The apartment consists of two bedrooms of which master bedroom with en-suite shower, open space of living/dining area and kitchen, and a main bathroom with w/c.
- Exclusive right of use of one covered parking space and one storage room on the ground floor.
- The apartment is approximately 95% completed.
- No title deed available.
- We are informed that the subject property extends to approximately 78 sq. m. internal area and 10 sq.m. covered veranda.
- In line with the current market trends, this property has a potential to generate a ROI in the range of ±8.5%.
Location
- The property is located within Ayios Nicolaos parish, Larnaca Municipality, Larnaca District, under Land Reg. No. 0/13232.
- The property is situated approx. 825 m. north of Lemesou Avenue, approx. 150 m. southwest of Vergina Lyceum, Middle School and Elementary Larnaca, approx. 900 m. northwest of K-Cineplex roundabout and approx. 1 km. southwest of GSZ Football Stadium.
- The immediate area of the property is mainly characterized by residential units such as houses and apartment buildings as well as residential land.
Tenancy
- Vacant Possession
Accommodation
The property was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Two-bedroom accommodation
- Interested parties are recommended to undertake their own inquiries to confirm property/building measurements.
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*Terms & Conditions
Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
