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CY-1038 - Apartment for sale in Levadia, Larnaca



Ref: CY-1038
City: Larnaca
Area: Levadia
Type: Apartment
Price: €87,000
Bedrooms: 1
Bathrooms: 1
Sale type: New
* Sought after location in Levadia * 1, 2 & 3 bedroom apartments * Communal swimming pool *Private parking * New (Off Plan) * Provision A/C * Close to the beach

Instant Equity upto EUR 69,000 - 10% Deposit - Genuine 25% Under Market Value

These superb One, Two & Three Bed apartments are being offered to the investment market at 25% under market value.

This development is a complex of 4 ground Floor two bedroom apartments and 30 one, two and three bedroom apartments situated in an enviable location on the outskirts of Levadia and a short distance from Oroklini, a mere 10 minute drive from Larnaca town centre. The development is situated 12 km from Larnaca International Airport and a three minute drive from the cosmopolitan Larnaca Bay beachfront with its numerous four and five star hotels, restaurants, clubs and pubs. The vast majority of the apartments will have uninterrupted sea views. They will be spread over two blocks on three levels. Each block will be served by a communal swimming pool. The two blocks will be constructed on columns to provide for covered parking space for each apartment as well as changing rooms for the communal swimming pool. The project will be built to top specifications with expert personnel to fulfill the dream of every overseas buyer for a home under the Mediterranean sun at affordable prices, yet within a stone's throw away from the Larnaca Bay seafront. Levadia is well located to offer the best beaches in Cyprus from Ayia Napa, Protaras( popular Fig Tree Bay), to the McKenzie area of Larnaca. Levadia is a small village set approx 15 mins drive to Larnaca airport and Larnaca's town centre. The nearest beach is approx 5 mins drive. There are amenities within walking distance from the development. One thing to note is that in early 2008 when Cyprus joins the Euro currency prices of property all over Cyprus will have a significant rise in appreciation. This will be the biggest appreciation rise in Cyprus, and explains why investors have been investing substantially in Cyprus over the past 2 years and will continue to do so until at least several years beyond the time of Cyprus joining the Euro.

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