New For Sale €650,000 Building Oroklini, Voroklini Larnaca

Information from owner
Welcome to a remarkable investment opportunity located within close proximity to the charming village of Oroklini and its vibrant tourist areas. This property boasts a spacious land area of 740 square meters, offering ample possibilities for development or personal use. Constructed in 1990, this building features an Energy Efficiency Class of D, providing a solid foundation for future upgrades and renovations. The property includes two groundfloor commercial units, each approximately 40 square meters, which are perfectly suited for retail, office spaces, or exhibition areas. Additionally, there is a generous groundfloor apartment featuring two bedrooms, approximately 90 square meters, ready for modernization for longterm tenancy or personal enjoyment. On the first floor, a large threebedroom apartment, approximately 190 square meters, awaits your creative touch with multiple balconies and comfortable living spaces. The plot is expansive, allowing for generous outdoor space perfect for parking, creating a garden, or future extensions. With a prominent frontage on a busy main road, this location benefits from excellent commercial visibility and high traffic, making it an ideal spot for businesses and attracting visitors. The property is conveniently situated within walking distance to a bank, pharmacy, hairdresser, beauty salon, corner shop, and bakery. In just five minutes, you can reach a nursery, primary and secondary schools, supermarkets, a childrens play area, a church, and the stunning beach, enriching your lifestyle with easy access to amenities and recreational activities. It is important to note this property is situated only 706 meters from the main highway and 2 kilometers from the beach, making it an enticing option for both commercial and residential endeavors. With an investment rate of € 1,806 per covered square meter and no VAT applicable, this property represents a unique chance to enter the thriving Oroklini market. This property is a diamond in the rough that requires renovation, ideal for those wishing to infuse their vision into the living or commercial spaces while enhancing its value. The possibility to generate multiple income streams from both commercial and residential units makes this property an exceptional investment. Seize the opportunity to acquire this versatile property, to mold it according to your aspirations, and to fully realize its potential. Embrace the lifestyle that Oroklini offers, combining comfort, convenience, and vibrant community living. We invite you to explore this outstanding property and envision the possibilities that await you.

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