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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 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.
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.