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Pay in USD and save up to $71,808💰 Estimated ROI: €93,120 annually
An opportunity to acquire a fully developed residential building near Apollonio Hospital, Embassies, and major landmarks.
Situated in a quiet cul-de-sac, opposite a green area (no future construction).
A well-balanced unit mix ideal for student rentals, professionals, and long-term tenants.
📐 Plot area: 549 sqm
📐 Total Internal Areas: 518 sqm
Covered Verandas: 76 sqm
Uncovered Verandas / Patios: 98 sqm
Common Areas: 110 sqm
Storage Rooms: 36 sqm
📐 Total Saleable Area: 676 sqm
Built: 2024
2 × Two-Bedroom Apartments
6 × One-Bedroom Apartments
Dedicated Parking & Storage rooms
🌿 Private outdoor spaces for selected units
⚡ Energy Efficiency Rating A
Anti-seismic design
Thermal aluminum frames & double glazing
Parquet flooring & luxury tiles
Italian-designed kitchens & wardrobes
Laufen sanitary fittings
Pipe-in-pipe system with pressure pumps
Mitsubishi cooling & heating systems
Fire alarm & smoke detection systems
Access control & video door entry
Photovoltaic systems (installed in 2-bedroom units & common areas)
Provision to extend PV to all units
NO VAT applicable
Title deeds in process for each unit
Fully Rented, as of March 2026
Future Development Potential for higher yield & commercial income: Conversion to Medical Centre 21 office units with Ground floor reception
📍 Location
Walking distance to Apollonio Hospital
🎓 Close to European University & University of Nicosia
Near Makareio Stadium
Easy access to Nicosia City Centre, Engomi & Strovolos
🌳 Quiet setting opposite green area (protected views)
🚗 Excellent connectivity
Why This Property Stands Out:
✔ 8-unit ready residential investment
✔ High annual return
✔ No VAT
✔ Cul-de-sac + green area frontage
✔ Future upside (medical/commercial conversion)
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 8387737. 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.
