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An income-generating, three-bedroom semi-detached house located in the quiet residential area of Kaimakli, Nicosia.
Property Highlights:
\u2022 Plot Area: 298sq.m.
\u2022 Internal Area: 89sq.m.
\u2022 Covered Veranda: 41sq.m.
\u2022 Ancillary Building: 57sq.m.
\u2022 Parking: Covered parking for one car
\u2022 Status: Rented
Rental Income Details:
\u2022 Monthly Income: \u20ac600
\u2022 Annual Return: 5.1% ROI (with 5% increase every 2 years)
Internal Layout:
Comprises an open-plan living and dining area, a kitchen with a dining area, three bedrooms, and a toilet with bathroom.
Exterior:
The property benefits from a landscaped yard, a covered veranda with a wooden pergola, a small private yard, and an auxiliary storage room.
Location:
\u2022 Approximately 400m northwest of the Church of Agios Polyvios
\u2022 Approximately 500m north of the 3rd Primary School of Kaimakli
\u2022 Approximately 50m south of the Kaimakli Railway Station Linear Park
There is a separate title deed for this property.
Pending issuance of Energy Performance Certificate.","locale":"en"}],"disclaimer":[{"value":["The property is owned by Themis Portfolio Management Holdings Limited.","The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).","The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.","Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.
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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