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Block of flats
Kaimakli, Nicosia
Offers in the region of

€370,000  ($429,595)

SOLD IN 28 DAYS
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 1889466 (altia2642)
  • Total covered area: 294 sqm
  • Plot: 261 sqm
  • Build year: 2004

Description

Presenting a versatile three-storey residential building located in the heart of Kaimakli, Nicosia — an ideal opportunity for investors seeking immediate rental income or long-term capital appreciation.

This well-maintained property comprises a total of five self-contained apartments, offering strong rental yield potential and flexibility for multi-unit occupancy.

Property Breakdown:

• Ground Floor Apartment
o Internal Area: 76sq.m.
o Covered Veranda: 6sq.m.
Features an open-plan living and kitchen area, three bedrooms, a bathroom, and covered verandas — ideal for family living or larger tenants.

• First Floor – 2 x 2-Bedroom Apartments (Doors 11 & 12)
Door 11
o Internal Area: 55sq.m.
o Covered Veranda: 9sq.m.
o North-facing
Door 12
o Internal Area: 54sq.m.
o Covered Veranda: 5sq.m.
o South-facing
Each apartment offers an open-plan living and kitchen area, a bathroom, and covered verandas.

• Second Floor – 2 x 2-Bedroom Apartments (Doors 21 & 22)
Door 21
o Internal Area: 55sq.m.
o Covered Veranda: 9sq.m.
o North-facing
Door 22
o Internal Area: 54sq.m.
o Covered Veranda: 5sq.m.
o South-facing
Similar layout to the first floor, offering light-filled interiors and private verandas.

Additional Features:
• 2 Covered & 2 Uncovered Parking Spaces
• Vacant Possession – Ready for immediate occupancy or rental
• Separate Title Deed – Clear ownership and easy transfer
• Energy Performance Certificate Pending

Prime Location:
Located on Vasileiou Voulgaroktonou 8A, this property is:
• 650m northwest of Ayiou Polydorou Church
• 200m southwest of Kaimakli Cemetery
• Set within a quiet yet accessible residential area, close to schools, shops, and major roads.

Development Zone: Κα4
• Building Density: 120%
• Coverage: 50%
• Floors Permitted: 3 (up to 13.5m in height)

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€11,400 ($13,236)
If buying on joint names
€8,000 ($9,289)

Disclaimer - Property reference 1889466. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.