Entire residential apartment building | nicosia
- Condition: Resale
- Plot area: 558 m²
- Property area: 700 m²
- Included: Parking, Elevator, Balcony, Storage room
- Online viewing: Νο
- Construction year: 2022
- Energy Efficiency: N/A
- Square meter price: €2.429 /m²
FOR SALE | Entire Residential Apartment Building | Nicosia
An exceptional turnkey residential investment opportunity comprising a modern apartment building of 8 fully renovated and fully furnished two-bedroom apartments, ideally positioned in a well-established residential area of Nicosia.
The property has been extensively renovated in 2022 and is offered as a ready-to-operate income-producing asset.
Investment Highlights
✔ 8 Two-Bedroom Apartments
✔ 558 sq.m. Plot
✔ Basement Parking & Private Storage Rooms
✔ Stone-Clad Contemporary Building
✔ Fully Renovated (2022)
✔ Fully Furnished
✔ Fully Equipped with Electrical Appliances
✔ No VAT Applicable
✔ No Transfer Fees
✔ Held under a Special Purpose Vehicle (SPV)
Income Potential
💰 Asking Price: €1,700,000
💵 Estimated Annual Rental Income: €85,000
📈 Estimated Gross Yield: 5.0%
Apartment Mix
• Ground Floor: 3 × Two-Bedroom Apartments
• First Floor: 3 × Two-Bedroom Apartments
• Second Floor: 2 × Two-Bedroom Apartments
Each apartment benefits from:
Covered veranda
Private parking space
Private storage room
Modern kitchen
Spacious living areas
Air conditioning
Quality finishes
Whether you're seeking a stable income-producing asset or a long-term investment with capital appreciation potential, this property represents an outstanding opportunity in the Nicosia residential market.
📩 Contact us today for the Information Memorandum, financial analysis or to arrange a private viewing.
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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