#14847
For Sale, Income-Producing Residential Building in Aglantzia, Nicosia
1,900,000€
#14847
For Sale, Income-Producing Residential Building in Aglantzia, Nicosia
1,900,000€
600m²
3
600m²
3
Resale 2024
Investment Opportunity
This is a compelling investment opportunity comprising a residential building located in a prime area of Aglantzia, in close proximity to the University of Cyprus. The property benefits from strong rental demand due to its strategic location and offers stable and immediate income.The development consists of 8 One-Bedroom Apartments and 2 Three-Bedroom Apartments arranged over three floors within a contemporary-designed building that offers luxurious yet highly functional living spaces.
Investment Snapshot:
💰 Annual Rental Income: €90,000
📈 Gross Yield: ~5%
🏢 Units: 10 Apartments
✅ Occupancy: 100% (currently fully rented)
⚡ Cash Flow: Immediate from Day 1
This property represents a compelling opportunity for investors seeking stable rental income and long-term value in a well-established residential area of Nicosia.
Property Info
14847
1,900,000€
Nicosia
Details
Building Type:
Residential Building
Construction Stage:
Resale
No. of Floors in building:
3
Construction Year:
2024
Construction Type:
Concrete
Areas
Covered Area:
600m²
Energy
Cooling Type:
Autonomous Cooling System
Main Features
Air Condition:
Title Deed Status:
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.