16.09.2022
This week Altamira Real Estate offers residential real estate, based on the needs and possibilities of each interested buyer.
Like every Tuesday, the company presents on its website new options for plots, houses and apartments in popular areas of the island of great interest, such as the center of Nicosia, the STELMEK and GSP areas, the center of Larnaca, Oroklini, Tersefanou, Mazotos and Neo Chorio Paphos. At the same time, the company is conducting a massive campaign with investment opportunities for large commercial buildings on the most central avenues of cities with a potential yield of more than 6%.
Residential plots from €115,000
Among the new properties listed for sale this week are a wide range of residential lots and fields in popular areas that are ideal for building a home.
In the area of Tripioti in the center of Nicosia, near the intersection of Archbishop Makariou, Digeni Akrita and Spyros Kyprianou avenues, there is interest in a large plot of land at a price of 1,100,000 euros. The 632 sq.m property is located in close proximity to Pindaru Street and is considered unique in its kind, as such plots are hard to find in the area. It has a facade of about 25 meters to the public road and is included in the EZ-k commercial area, which allows the construction of a 6-storey building. With proper design, the site can be used for the construction of a mixed-use multi-storey building and its investor can benefit from various urban planning incentives such as an additional building factor, since the property is located in the center of Nicosia.
In one of the most sought after residential areas in Nicosia, close to the GSP stadium, we have chosen a residential plot with an estimated price of €186,000. This is a newly built area with modern residences, which has excellent access to the highway and the rest of the provinces, and is also located close to the shopping center Mall of Cyprus. Property with an area of 530 sq.m. is an ideal choice for building a large residence with a yard and comfortable facilities.
In the popular residential area “STELMEK” in the municipality of Lakatamia, we have allocated a residential plot at an estimated price of 180,000 euros. Property with an area of 544 sq.m. has a facade of 19 meters and is located near the Archangelos roundabout and the Church of St. Panteleimon. This is an area with new and modern residential buildings, with its strong advantage, excellent access to Engomi, Makedonitissa, as well as the Nicosia Mall, where an increased demand for property purchases has been recorded over time.
In the Kamares area of Larnaca municipality, close to K-Cineplex, we have identified a 511 sq.m residential plot for sale at a price of €260,000. It is located close to many services and amenities, has excellent access to the city center and beautiful beaches in this area, and also adjoins the road with a facade of about 19 meters. The property is located in the residential area of Ka4, which allows the construction of a three-storey building and is an ideal choice for entrepreneurs involved in land management, as well as for individuals.
In Mazotos, two large residential plots of 4,683 sq.m. are allocated at a price of 121,000 euros. The property is being sold as a whole, has a frontage of approximately 44 meters and has excellent access to the city of Larnaca and the community of Pervolia. This is a unique opportunity for landowners and/or individuals as it is suitable for both subdivision and individual residential/tourist development.
We have found a residential plot at a price of €115,000 in Neo Chorio Paphos. The property has an area of 1500 sq.m., is adjacent to a registered road and offers a panoramic view of the sea and surroundings.
Available flats in Larnaca province
From the new listings of Altamira Real Estate, we have also highlighted vacant apartments that are in good condition and ideal for owning and/or renting out, providing a good income for their potential owners.
Specifically, in the municipality of Larnaca, close to the Radisson Hotel and the port roundabout, there are three two-bedroom apartments priced at 340,000 euros. The properties are sold as a whole, they have excellent access to the city center, the beautiful beaches of the area, the Finikoud area and Oroklini, and their area is 73 sq.m., 72 sq.m. and 71 sq.m.
Also of particular interest is a two-room apartment in Oroklini. For sale at a price of €73,000, has excellent access to the sea and the highway, closed area 54 sq.m. and verandas of 14 sq.m. Ideal for both own use and for renting out, as due to the touristic nature of the area it can be rented for a long/short term with very good returns.
Finally, in Tersefanou, we have allocated a 3-room apartment at a price of €80,000. The property has good access to Larnaca airport and the beautiful beaches of the area, has a closed area of 66 sq.m. and an open veranda of 34 sq.m., while it has a separate title deed.