Top floor apt in a modern tower close to the American Academy, Larnaca center Id: 5371

Type: Apartment Penthouse

Our last available apartment - 601 with separate Title Deed

Τhe 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

click below to read the specifications:

ACADEMIA SPECIFICATIONS.pdf

Sale Price: €485000