I am selling directly an apartment in the Kostas Michailides Court 1 building in Zygi. The property is located on the third floor. It has approximately 40 m² of enclosed living space and a 4 m² covered balcony overlooking the courtyard, making it quiet. The apartment consists of a living room, a separate bedroom, and a kitchen. The communal corridor outside the apartment has a sea view and space to sit and have a cigarette. The apartment has a separate title deed.
The building was constructed in 1988. It is an older building and does not look particularly attractive from the outside, but it is solidly built. Its greatest advantage is its location: approximately 20 m from the beach, close to restaurants, and about 100 m from the harbour. There is parking at the bottom of the building.
The apartment has new water plumbing. The equipment includes two new air-conditioning units with heating functions, a new refrigerator and washing machine, as well as a cooker with an oven. There is no monthly management fee. The waste collection fee is approximately €100 per year.
The apartment is rented on a long-term two-year lease. The rental income is €700 per month, and the tenant pays regularly. This property is primarily suitable for someone looking for an investment opportunity.
Interior photos will be provided to interested parties. The building can be viewed from the outside at any time. Due to the tenant’s privacy, an interior viewing will only be possible at the final stage of discussions with a buyer who is seriously interested in purchasing the property, after arranging a suitable time with the tenant.
Further details regarding the sale will be provided to interested parties.
