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Building
Aglantzia, Nicosia

€1,850,000  ($2,152,880)

ChapterOne Properties

ChapterOne Properties

Reg. No: 1161 / Licensed No: 592/E

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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 $75,351

Average Bank Rate (€1,850,000)
1 USD = 0.8303 EUR
$2,228,231

Mid-market rate (€1,850,000)
1 USD = 0.8593 EUR
$2,152,880

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: 8458265 (C11040)
  • Plot: 558 sqm
  • Elevator
  • Open Kitchen
  • Storage room
  • No VAT

Description

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

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 ($82,159)
If buying on joint names
€67,200 ($78,202)

Disclaimer - Property reference 8458265. 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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