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Excellent opportunity to acquire a fully self-contained apartment building in one of the most central and sought-after locations in Nicosia
The property features multiple units that yield a steady income, making it ideal for investors or Construction Companies wishing to enrich their portfolio.
Property Features:
✔ Central location close to Frederick University, Palouriotissa High School, the city center, shops, public transportation and other amenities
✔ Consists of 4 apartments, two of which are one-bedroom and two of which are two-bedroom, which are currently rented and offer a steady return
✔ Possibility of expansion as the property falls within the Ka3 Building Zone, Building 140%, Coverage 50%, 4 floors of 17m high.
✨ Excellent location and potential for further development
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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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