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For sale a residential building with an area of 1050 m2 on a plot of 558 m2 in the area of Aglantzia, Nicosia. The residence includes 8 two-bedroom apartments, each object consists of 2 bedrooms, bathrooms, a kitchen, a living room, as well as parking spaces and storage rooms. The property is fully furnished and equipped with household appliances, complete renovation with replacement of joinery, plumbing, tiles, granite and sanitary equipment. All apartments are now rented out and generate income. The facility is located in the capital of Cyprus, in the Aglantzia area, which provides high investment potential and stable rental income. The building was completely renovated in 2022, sold without VAT and without transfer fees, registered as a separate legal entity, while the annual rental income is 92,000 euros, property management is maintained.
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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