Property 7040 Oroklini, Larnaca / 46674
2-bedroom Apartment In Oroklini, Generating 6.3% Yield.
For Sale • Deal
124,000€
Estimated Mortgage
/month
2
beds
1
bath
61
m2
Overview
Property Description
A 2-bedroom apartment located in Oroklini, Larnaca, offered fully furnished and currently rented, generating an approximate 6.3% annual yield. This makes it an attractive option for investors seeking immediate rental income with future value-add potential. The apartment offers a practical open-plan kitchen and living area, tiled floors, one bathroom, and a comfortable 61 sqm internal space. Built in 1993, the layout is functional and easy to upgrade; however, the property requires some renovation and cosmetic improvements, allowing the new owner to modernise and increase both rental and resale value.
Air-conditioning is installed in one room only, providing a starting point for further upgrades if desired. Essential utilities such as water and electricity are already in place. Situated in a convenient residential area of Oroklini with easy access to local amenities, shops, and main roads, this apartment represents an affordable entry-level investment with existing income and clear upside potential through refurbishment.
Sustainability
Solar Panels/ Photovoltaic
Energy Efficency Rating
No Required/ Pending
Property Highlights
Veranda/Porch
Resale
Title Deeds
Electricity
Water
Open plan
Location
15.43 kms
132.65 kms
3.50 kms
3.71 kms
5.03 kms
5.46 kms
8.21 kms
9.86 kms
9.97 kms
7.54 kms
7.92 kms
7.94 kms
8.68 kms
8.98 kms
9.24 kms
9.54 kms
9.77 kms
9.91 kms
2.82 kms
5.97 kms
8.31 kms
8.90 kms
8.95 kms
9.43 kms
9.62 kms
Transfer Fees
Transfer Fees Individual
2,250 €
Transfer Fees Joint Names
1,860 €
Stamp Duty
179 €