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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

2 bedroom apartment on the first floor in a modern tower in a quiet residential area behind the American Academy, Larnaca

Main information

Academia Tower is a 7-floor luxury apartment building with ground floor covered allocated parking and roof garden.  The first 5 floors host three, 2-bedroom apartments on each floor and the 6th floor three, 3-bedroom apartments of which all boast high quality construction with Smart home provision and with the latest methods of energy efficiency class A. The sectioned architectural design of Academia Tower provides for independent positioning of the apartments on each floor, with hardly any shared walls, offering maximum privacy.

The south orientation of the project means that the apartments are light and airy. 

All flats on this project consist of open plan living and kitchen area, 2/3 bedrooms (master with en-suite shower), main bathroom, and covered veranda that in future could be utilized differently (i.e. office).

All apartments will be provided with an  Audio & Video Door Entry System, and a remote control for automatic bar opening for tenants.

The living room ceiling will be fitted with plasterboard,  and hidden lighting installed which will add a sense of beauty to the area. We have a ready apartment in the building to show our customers, which you can visit by appointment.

Academia Tower is excellently located in Larnaca town centre.  A quiet residential area behind the American Academy school, providing easiest and safest access to the school and close to amenities.   The famous Finikudes promenade is only 700m away. Larnaca also hosts the main International Airport that is only 8.3 km away. 

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

This project qualifies for Permanent Residency by Investment or Cyprus Citizenship (EU passport) (for whole project).  Contact us for more information on investment criteria.

 

**** sizes are approximate and subject to change

 

Id: 5356
Region: Larnaca
Location: Larnaca Town

Details

  • Area: 81 m2
  • New
  • Bedrooms: 2
  • Bathrooms: 2
  • Parking
  • Walking distance from the beach
  • Kitchen open plan
  • Verandas
  • Guest toilet
  • En-suite shower

Price

Sale price: €175,000