Apartment building 690 m² in Nicosia

1,500,000 €

2,173 € /m²

Apartments —
Yield —
Constructed 2004
Price per key —

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Key project parameters

Total area: 690 m²
Land area: 750 m²
Number of parking lots: 26
Floors: 2
Constructed: 2004

Project description

Whole building with 26 studios for sale in Pallouriotissa — Aglantzia near the University of Cyprus. The asset was built in 2004 and consists of 26 studios with 24 m² interior covered area. Each studio has A/C units, all electrical appliances, wooden decorating interior, uncovered parking space and is fully furnished. Great opportunity for investment as the building is currently rented with a 6.3% ROI.

Extra information

Car parks

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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