4 Bedroom Villa with pool on large plot close to Larnaca – Dhekelia Road in Oroklini
Our villa in Cyprus is for sale! It was built in 2001 and is on a large plot in a prime location overlooking Oroklini Lake. 500m from the beach and close to the highway. The cosmopolitan city of Larnaca is only 5km away and Larnaca international airport is just 15 minutes drive along the highway.
- 830m2 plot, 159m2 covered area (possibility to extend to 290m2)
- 9m x 4.5m swimming pool
- 5KW Solar electricity (PV) grid connected system (FREE electricity!)
- Lake, mountain and sea views
- 500m to the beach, 1km to the highway
- With full title deeds for the plot and property
- Some non-structural repair work is required, see below
Price: €320,000* (negotiable)
Yes, that’s just €320K for a 4 bedroom villa with a private swimming pool on a massive plot just 500m from the beach on the Larnaca-Dhekelia Road!
This 17 year old property has great potential as it is located on a very large plot. It is halfway between the village of Oroklini and the sea front on the outskirts of the Oroklini Tourist Area (view location on Google Maps). The villa has raised views across Oroklini lake towards the mountains to the west and a sea view to the east. The beach is just a 500 metre walk away.
Double Plot – 830m2
The developers original plans for this double plot included another property next to this one, which was never built, leaving an exceptionally large outdoor space. The build density for the development according to the land registry is 35%. This means it may be possible to extend the property to 290m2.
Transfer Fees & Stamp Duty
The buyer will be responsible for paying the Stamp Duty and Transfer Fees in order for the title deeds to be transferred into their name. Based on a purchase price of €320,000 this will be approximately €10,000 for an individual or €6,800 (total) in joint names. Details of costs can be found here: Cyprus Property Purchase Tax Calculator.
Downstairs consists of open plan living, dining and reception areas and a large kitchen with an adjoining utility room and cloakroom/WC. Upstairs are four double bedrooms, three of which have built in wardrobes and aluminium blackout shutters. There is a family bathroom and an en-suite shower room to the master bedroom. Enclosed storage areas are located above the bathroom and en-suite.
Location on Google Maps
The exterior of the property currently requires repair work as follows and this is reflected in the asking price.
- Roof soffits/fascias require re-plastering
- Painting of external wall surfaces
- Some of the double glazed windows have internal misting
*Price includes agents commission if applicable