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Pay in USD and save up to $75,351An outstanding investment opportunity in the prime residential area of Aglantzia, Nicosia, offering strong and immediate returns. This fully renovated residential building (2022) comprises eight modern two-bedroom apartments, all fully furnished and equipped with electrical appliances, making it a true turnkey investment ideal for both seasoned and new investors.
The property generates a high annual rental income of €92,000, ensuring a stable and attractive yield from day one, while its location guarantees consistent demand and long-term value appreciation. Each apartment benefits from its own covered parking space and private storage room, adding significant convenience for tenants and enhancing the overall rental appeal of the property.
Further advantages include no VAT applicability and no transfer fees, substantially reducing acquisition costs, while the property is held under an SPV structure, offering additional flexibility for investors.
Situated in one of Nicosia’s most sought-after residential areas, this is a rare opportunity to acquire a high-performing, income-generating asset with excellent growth potential.
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.
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