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Apartment Building
Aglantzia, Nicosia

€1,850,000  ($2,110,740)

Karis Estates

Karis Estates

License No: 1220 / Reg. No: 508

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $73,876

Average Bank Rate (€1,850,000)
1 USD = 0.8468 EUR
$2,184,616

Mid-market rate (€1,850,000)
1 USD = 0.8765 EUR
$2,110,740

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8473246 (1563)
  • Plot: 558 sqm

Description

Just off Larnacos Avenue, offering immediate income and long-term investment potential.

✔ Fully renovated in 2022
✔ Fully rented (April 2026)
💰 Annual Income: €92,000

📐 Plot Area: 558 sqm
📏 Total Internal Areas: 610 sqm
📏 Covered Verandas: 161 sqm
📏 Uncovered Verandas: 78 sqm

Building Composition (8 Apartments):

Ground Floor: 3 × 2-bedroom apartments
First Floor: 3 × 2-bedroom apartments
Second Floor: 2 × 2-bedroom apartments

Basement:

🚗 8 parking spaces (1 per unit)
📦 8 storage rooms (1 per unit)

Apartment Features:

All units are 2-bedroom apartments
Fully furnished
Fully equipped with electrical appliances
Comfortable verandas for each unit
Included Equipment (Per Unit): TV, Washing machine, Refrigerator, Oven, Stove & hood, Beds, Dining table & chairs & Mirrors & bedroom furniture.

Technical Features:

Stone cladding exterior
Solar water heater
Electric water heater
A/C split units in all rooms (inverter)

✔ Fully leased – immediate return
✔ Strong demand area (students & professionals)
✔ Low-maintenance, turnkey investment

Transaction Advantages:

No transfer fees
No VAT applicable
SPV structure in place

📍 Location Advantages

🎓 6 min to University of Cyprus campuses
🛒 Close to supermarkets, shops & services
Near schools
Easy access to main roads & city centre

For privacy reasons, the advertiser has not indicated the exact address.
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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
€70,600 ($80,550)
If buying on joint names
€67,200 ($76,671)

Disclaimer - Property reference 8473246. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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