#9018
For Sale, 7 Apartments in Latsia, Nicosia
€875,000+VAT
#9018
For Sale, 7 Apartments in Latsia, Nicosia
€875,000+VAT
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Resale
Investment Opportunity in 7 Yield Producing Apartments
An excellent investment opportunity in seven apartments, out of totally nine apartments, situated on a two-storey building in Latsia, Nicosia.The 2 bedroom apartments have an internal area of 75sqm and 77sqm, the one bedroom apartments a covered area of 50sqm and the 3 bedroom apartment has an internal area of 101sqm.
The three 2- bedroom apartments consist of an open plan sitting, dining and kitchen area, two bedrooms of which the master bedroom includes a toilet and a main bathroom.
The three 1 bedroom apartments, consist of an open plan sitting, dining and kitchen area, one bedroom and one bathroom.
Finally, the 3 bedroom apartment consists of an open plan sitting, dining and kitchen area, three bedrooms of which the master bedroom is en-suite, and a main bathroom.
The apartments have covered verandas and exclusive right of use of a designated covered parking spot on the ground floor.
The 3 bedroom apartment has the exclusive right of use of two designated covered parking spots on the ground floor.
The apartments are currently under rental agreement with a 5.5% rental return.
Property Info
9018
€875,000+VAT
Nicosia
Details
Investment Type:
Residential Building Investment
Construction Stage:
Resale
No. of Floors in building:
2
Construction Type:
Concrete
Main Features
Resale:
Mortgage Calculator
Amount Financed:
Mortgage Payments:
Annual cost of Loan:
Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.
