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Entire residential apartment building | nicosia

Nicosia, Aglantzia
Posted: Today 11:26 Ad ID: 6677484
Entire residential apartment building | nicosia-1 Entire residential apartment building | nicosia-2 Entire residential apartment building | nicosia-3 Entire residential apartment building | nicosia-4 Entire residential apartment building | nicosia-5 Entire residential apartment building | nicosia-6 Entire residential apartment building | nicosia-7 Entire residential apartment building | nicosia-8 Entire residential apartment building | nicosia-9 Entire residential apartment building | nicosia-10
Location: Nicosia — Aglantzia
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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.

Run a full technical and legal real estate check today
  • Technical inspection:
    HOME CHECK
    +357 96 504 296
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218

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Posting since feb, 2017

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