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3 Bedroom Semi-detached bungalow
Kaimakli, Nicosia
Offers in the region of

€140,000  ($160,167)

BuySell's Choice
One of BuySell Cyprus Real Estate favourite property
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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Compared currency flag Pay in USD and save up to $5,606

Average Bank Rate (€140,000)
1 USD = 0.8445 EUR
$165,773

Mid-market rate (€140,000)
1 USD = 0.8741 EUR
$160,167

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: 8903165 (altia2939)
  • Bedrooms: 3
  • Bathrooms: 1
  • Total covered area: 187 sqm
  • Plot: 298 sqm
  • Resale built in 1974
  • Occupancy status: Long-term rental
  • Monthly Income: €600
  • Annual Return: 5.1% ROI (with a 5% increase every 2 years)

Description

An income-generating, three-bedroom semi-detached house located in the quiet residential area of Kaimakli, Nicosia.

Property Highlights:
• Plot Area: 298sq.m.
• Internal Area: 89sq.m.
• Covered Veranda: 41sq.m.
• Ancillary Building: 57sq.m.
• Parking: Covered parking for one car
• Status: Rented

Rental Income Details:
• Monthly Income: €600
• 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 a 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:
• Approximately 400m northwest of the Church of Agios Polyvios
• Approximately 500m north of the 3rd Primary School of Kaimakli
• Approximately 50m south of the Kaimakli Railway Station Linear Park

*** Occupancy status: Long-term rental

There is a separate title deed for this property.

Building Specifications:
Max coverage ratio: 50%
Max density ratio: 120%
Max height in meters: 13.50
Max number of floors: 3
Planning zone: Kα4
Types: Residential

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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
€2,650 ($3,032)
If buying on joint names
€2,100 ($2,403)

Disclaimer - Property reference 8903165. 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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