FOR SALE
-
Building
in
Nicosia, Aglantzia
For Sale Residential Investment Opportunity in Aglantzia
A fully renovated residential building located in Aglantzia, one of the most desirable areas of Nicosia, offering a turnkey investment with immediate rental income and long-term growth potential.
Key Highlights
- No transfer fees
- No VAT applicable
- Held under SPV structure
- Fully renovated in 2022
- Fully furnished
- Fully equipped with electrical appliances
- Income-generating asset
Property Overview
- Total Land Area: 558 m²
- Total Units: 8 apartments
- Layout:
- Ground Floor: 3 two-bedroom apartments
- First Floor: 3 two-bedroom apartments
- Second Floor: 2 two-bedroom apartments
- Basement parking
- Storage rooms for each unit
- Stone cladding exterior
Apartment Details
All units consist of:
- 2 bedrooms
- Internal areas ranging from 75 m² to 77 m²
- Covered and uncovered outdoor spaces (up to approx. 50 m²)
- Dedicated parking space
- Private storage room
- Fully furnished and ready for occupancy
Renovation Specifications
The building was fully renovated in 2022, including:
- New carpentry
- New plumbing systems
- Upgraded tiles and granite finishes
- Modern sanitary fittings
- Complete interior furnishing
Financial Overview
- Asking Price: €1,850,000
- Annual Rental Income: €92,000
- Stable rental performance
- Ongoing professional property management
Investment Profile
A ready-to-operate residential asset combining:
- Prime location within Nicosia
- Fully upgraded condition
- Immediate income stream
- Long-term capital appreciation potential
