One-bedroom apartment (A4) in Ayia Napa, Famagusta
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Auction
- Lot 25
- Cyprus
- Apartment
- Residential
Sold for €72.000
Property Summary
- Ground floor one-bedroom apartment.
- Extending to approximately 55 sq. m. internal area, 8 sq. m. covered verandas and 19 sq.m. uncovered verandas.
- Vacant possession.
- ±12.0% ROI potential.
- The sale of the property, which comprises of a one-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
- One-bedroom apartment on the ground floor.
- The apartment comprises of an open space living room/kitchen, a bathroom and one bedroom.
- The title deed of the apartment is yet to be issued.
- The building was constructed approx. in 2009.
- We have been informed that the property extends to approximately 55 sq. m. of internal area 8 sq. m. of covered verandas and 19 sq.m. of uncovered verandas.
- In line with the current market trends, this property has a potential to generate a ROI in the range of ±12.0%.
Location
- The apartment is located in Ayia Napa Municipality, Famagusta district and forms part of the development under Land Reg. No. 5/367
- The property is situated approx. 150 m. north of Nissi Avenue, approx. 355 m. north of Nissi Beach, approx. 250 m. northeast of Atlantica Aeneas Resort, approx. 595 m. northeast of Sunwing Sandy Bay Hotel Resort and approx. 900 m. east of Larnaca – Ammochostos Motorway (A3).
- The property enjoys good accessibility to services, the beach, the wider area of Ayia Napa and to the Famagusta – Larnaca motorway (A3).
- The immediate area of the property features residential development such as villas and apartments and numerous amenities and services ranging from retail shops, supermarkets, restaurants, bakeries, etc.
Tenancy
- Vacant possession.
Accommodation
The property has not been measured by BidX1. The information was provided by the Vendor. We have been informed that the property provides:
- One-bedroom apartment accommodation
- It is recommended that interested parties undertake their own procedures 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.
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