3-Storey Apartment Building for Sale in Kathari, Larnaca

€ 1,600,000 +vat

12 Beds · 12 Baths · 598 m² Interior · 852 m² Total

A premium investment opportunity in the area of Kathari in Larnaca. This Under construction 3 storey residential building offers excellent ROI potential in a peaceful neighbourhood, just a short drive from the beach and New Larnaca Marina. Ideally suited for investors seeking high rental yield or families looking for modern urban living close to key amenities.

This residential building comprises seven thoughtfully designed 2 & 3 bedroom apartments, spread over three levels. Each apartment features two bathrooms and open-plan layouts, while the top-floor units enjoy exclusive access to spacious roof gardens with BBQ areas, an extra shower/WC, and a multipurpose room suitable for an additional bedroom. Quality finishes, individual storage, and covered parking elevate comfort and convenience.

Located next to a green area and facing south, the building is flooded with natural light and offers sea, mountain, and city views. A photovoltaic system is optionally available, supporting energy efficiency. Just minutes from Larnaca’s city center, the beach, and the American University of Cyprus, it’s a highly desirable project in a fast-developing location.

Perfect for long-term income or resale after completion in a rapidly appreciating district.

Internal Area: 598 m² | Covered Veranda: 141 m² |Uncovered Veranda: 112 m² | Roof Garden: 107.51 m² | Total Covered Area: 852 m² |
Plot: 521 m² | Storage Area: 38.77 m² |Estimated Completion: October 2027

Key Features:
• 13 Bedrooms (6x 2-Bed Units, 1x 3-Bed Units)
• 12 Bathrooms (2 per apartment)
• South-facing balconies and verandas
• Top-floor units with private roof gardens & BBQ areas
• Additional room on roof level
• Covered parking & individual storage for each apartment
• Energy Efficiency Rating: A


Location Highlights:
• 500 metres to the beach
• 500 metres o New Larnaca Marina
• 5-minute drive to Finikoudes promenade & city center
• 1 km to American University of Cyprus
• Near shops, schools, cafes, and services
• 15 minutes to Larnaca International Airport
• Quick access to the highway linking all major cities

Features

Double Glazing Double Glazing
Solar Water Heater Solar Water Heater
Elevator Elevator
Fitted Wardrobes Fitted Wardrobes
Ensuite Bathroom Ensuite Bathroom
Security System Security System
Near School Near School
Near Marina Near Marina
Near Park / Green Area Near Park / Green Area
Near Amenities Near Amenities
Near Beach Near Beach
Proximity to Highway Proximity to Highway
Quiet Location Quiet Location
Sea View Sea View
City View City View
Balcony / Veranda Balcony / Veranda
Roof Garden Roof Garden
Storage Storage
Open plan Layout Open plan Layout
year build Energy Rating: A

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