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