Famagusta, Paralimni, Cyprus
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
7
- BATHROOMS
4
- SIZE
3,132 sq ft
291 sq m
Key features
- Easy access to main roads
- Easy access to highway
- Next to green area
- Balcony
- Investment opportunity
- Bright
- Open plan
- Quiet area
- Rental potential
- Near bus route
Description
This offering represents a compelling investment opportunity, comprising a 33% share of a residential building and four apartments, two of which are currently tenanted, providing immediate income and future growth potential.
The portfolio includes a ground-floor studio of 47 sq.m. with a covered veranda, and three first-floor apartments: one 3-bedroom unit of 94 sq.m. with dual verandas, one 2-bedroom unit of 91 sq.m., and one more compact 2-bedroom unit of 59 sq.m. All units benefit from functional layouts, natural light, and balconies. The property is situated on a 1,396 sq.m. plot, with a separate title deed for the share.
This is a strong proposition for investors seeking a mix of rental return and long-term appreciation, in a growing area with direct access to services and transport links.
There is a distribution agreement in place.
Famagusta, Paralimni, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Larnaka(International)23.7 miles
- Ercan(Local)28.5 miles
- Pafos(International)88.3 miles
Advice on buying Cypriot property
Learn everything you need to know to successfully find and buy a property in Cyprus.
Notes
This is a property advertisement provided and maintained by K. Kalogirou Real Estate Ltd, Larnaca (reference 52503) 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.