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GOLDEN BAY VILLA FOR SALE

Pyla, LARNACA 162 views 25/12/2025

€730,000 Selling

Overview
Property ID VFS-2345
CategoryFOR SALE
Price€730,000
Description
Properties for Rent & Sale in Larnaca Cyprus 2

Large Detached House with Exceptional Potential

Year Built: 1986 (Earthquake-resistant construction)  
Ownership: Single owner from new – gifted by her father  
Living Since: 1992  
Plot Size: 825 m²  
Internal Covered Area: 292 m²  
Basement Level: Can be converted into a self-contained apartment  
Outdoor Features: Independent outdoor cabin  
Development Potential: Extension options available, including adding an additional floor (subject to permits)  
Documentation: Full house plans available (held by owner Androulla)

 

Background & Reason for Sale

The property has been owner-occupied since 1992.  
The husband, who was disabled, sadly passed away in 2021. Since then, the owner has faced financial difficulties and no longer wishes to maintain such a large home. She is emotionally and financially tired and is now seeking to downsize.

 

Financial Notes  
    •    Outstanding Bank Loan: Approximately €70,000  
    •    This amount must be settled directly with the bank on completion.

 

Property Highlights  
    •    Solid 1986 build with earthquake-resistant specifications  
    •    Extremely generous internal spaces (292 m²)  
    •    Large 825 m² plot with mature surroundings  
    •    Basement offers excellent potential for a rental unit, granny flat, or studio apartment  
    •    Ample space to extend or build upwards, enhancing long-term value  
    •    Outdoor cabin suitable for storage, office, or guest use and swimming pool.  
    •    Ideal for family home!



Location

GOLDEN BAY BEACH HOTEL PYLA



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