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Studio apartment for sale

Larnaca, Pyla
Posted: Yesterday 12:31 Ad ID: 6211634
Studio apartment for sale-1 Studio apartment for sale-2 Studio apartment for sale-3 Studio apartment for sale-4 Studio apartment for sale-5 Studio apartment for sale-6 Studio apartment for sale-7 Studio apartment for sale-8
  • Property area: 36 m²
  • Type: Apartment
  • Floor: Ground floor
  • Parking: Covered
  • Condition: Resale
  • Furnishing: Fully Furnished
  • Included: Pool, Garden
  • Online viewing: Yes
  • Air conditioning: Full, all rooms
  • Energy Efficiency: N/A
  • Bedrooms: Studio
  • Square meter price: €764 /m²
  • Bathrooms: 1
Location: Larnaca — Pyla
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1/8 Co-Ownership Share in Studio Apartment in Pyla – 44 Nights per Year

Own your holiday apartment in Cyprus without paying the full purchase price with full service if you wish.

We are offering 1/8 co-ownership shares in a studio apartment located in a well-maintained gated community in Pyla, close to Larnaca and the beach.

Each share costs:

€27,500 per 1/8 share

Each share entitles the owner to use the apartment for:

44 nights per year

Up to 4 shares can be purchased, giving you the option to enjoy the apartment for up to 176 nights per year.

Property Features

✓ Studio apartment in Pyla

✓ Located in a private gated community

✓ Newly renovated communal swimming pool

✓ Tennis court

✓ Ideal as a holiday home or Cyprus base

✓ 20min from the Larnaca Hermes Airport

✓ Easy access to Larnaca, the beach and local amenities

✓ Lower purchase cost compared to owning a complete apartment

✓ Possibility to purchase between 1 and 4 shares

This concept is ideal for buyers who would like to own a holiday property in Cyprus but do not need an apartment for the entire year.

| Share | Annual Usage | Purchase Price |

| ---------- | ----------------------: | -------------: |

| 1/8 share | 44 nights per year | €27,500 |

| 2/8 shares | 88 nights per year | €55,000 |

| 3/8 shares | 132 nights per year | €82,500 |

| 4/8 shares | 176 nights per year |€110,000 |

This is a co-ownership opportunity, not the sale of the entire apartment.

For further information regarding the usage schedule, ownership structure and viewing appointments, please contact us directly.

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Run a full technical and legal real estate check today
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    HOME CHECK
    +357 96 504 296

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Stephanie

Posting since mar, 2021

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