Apartment in Ayia Napa

Famagusta, CYPRUS
CGFAMA2F11
1Bedrooms 1Bathrooms 60m²Build
0m²Plot NoPool 119.000€Price
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FULLY RENOVATED 1 BEDROOM APARTMENT IN AYIA NAPA (CLOSE TO THE CENTER AND THE BEACH) WITH TITLE DEEDS

€119,000 (negotiable)

(THE PROPERTY IS FREE OF VAT)

Description

This is a beautiful recently renovated apartment close to the center of Ayia Napa and from all kinds of amenities, and just 500 meters from the beach!!!

It is located on the first floor of a small complex in a quiet neighborhood and yet close enough to all that Ayia Napa has to offer.

The apartment is open plan with one bedroom and a family bathroom.

This is an excellent choice for a holiday home or for an investment for short or long-term rentals!!!

Information:

Bedrooms: 1

Bathrooms: 1

Covered Area (Enclosed): 55 sq.m.

Covered Veranda: 5 sq.m.

Total Built Area: 60 sq.m.

Year Built: 1990

Renovated in 2022

Open-plan living, dining, and kitchen area

Fully Furnished

Fully Air Conditioned

Electrical Appliances

Veranda

On-street parking

Double Glazing

Built-in Kitchen

Built-in Wardrobes

Granite kitchen worktops

Granite Bathroom Basin Top

Solar Water Heating System

Water Heating System

Water Pressurizing System

Quiet location

Walking Distance to Bus Stops

Walking Distance to Amenities

Walking Distance to the Center

Walking Distance to the Beach

Excellent Rental Potential

Title Deeds

*THERE IS NO ELEVATOR*

Famagusta, located on the Greek side of Cyprus, offers a compelling array of reasons to consider it as a prime destination for property investment. Here are some key factors that make buying in Famagusta a wise decision:


1. Stunning Beaches: Famagusta boasts some of the most breathtaking beaches in the Mediterranean. With crystal-clear turquoise waters, golden sand, and a pleasant climate, it's an ideal location for beach lovers and water enthusiasts.


2. Property Investment Potential: Famagusta's real estate market offers significant potential for growth and returns on investment. The area is experiencing ongoing development, attracting both local and international investors seeking to capitalize on the region's tourism and economic growth.


3. Tourism Growth: Famagusta is a popular tourist destination, attracting visitors from around the world. The city's stunning beaches and vibrant atmosphere make it an appealing choice for travellers, ensuring a steady demand for rental properties and holiday homes.


4. Strategic Location: Famagusta's location is advantageous, offering easy access to nearby amenities and attractions. The city is well-connected to Larnaca airport and is home to other popular destinations such as Ayia Napa and Protaras.


5. Quality of Life: Famagusta offers an excellent quality of life, with a relaxed and welcoming atmosphere. The city provides a range of amenities, including shopping streets, restaurants, and entertainment options, ensuring a comfortable and convenient lifestyle for residents.


6. Affordable Property Prices: Compared to some other Mediterranean destinations, Famagusta's property prices are relatively affordable. This affordability, combined with the potential for growth, presents an enticing opportunity for buyers looking to invest in a promising real estate market.


7. Investment Incentives: The Cypriot government offers various incentives for property buyers, such as citizenship programs and tax benefits. These incentives can further enhance the financial appeal of investing in Famagusta.


8. Stability and Security: Cyprus is known for its political stability and security, providing a safe environment for residents and investors alike. Famagusta, specifically, has a low crime rate, ensuring peace of mind for property owners.

In summary, Famagusta on the Greek side of Cyprus offers an attractive package for property investment. Its stunning beaches, rich history, growing tourism industry, strategic location, educational opportunities, affordable property prices, and quality of life make it a compelling choice for those seeking to make a sound investment
  • Garden and terraces:
  • Balcony
  • Main Living Area:
  • Living/ Dining Area
  • Kitchen
  • Bedrooms: 1
  • Bathrooms: 1
  • Built In Closets

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