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Location
• This three-bedroom apartment is situated in the parish of Agios Dimitrios, within Strovolos Municipality, Nicosia District.
• The property enjoys a prime position near to the Central Bank of Cyprus. The area benefits from excellent accessibility and is well-served by a wide range of amenities, including schools, cafes, supermarkets, and various everyday services.
• External Features
• The apartment is located on the fourth floor of a residential building constructed in 1988. It forms part of a well-established residential block and includes a covered veranda, offering additional outdoor living space.
• Internal Characteristics
• The property comprises a spacious open-plan living room, dining area, and kitchen..
• It features three comfortable bedrooms, one bathroom, and a functional layout designed to maximise space and natural light. The apartment offers approximately 123 sq.m. of internal covered areas, complemented by 12 sq.m. of covered verandas.
Advantages
• The apartment benefits from a separate Title Deed, ensuring a secure and straightforward transfer of ownership. It is currently vacant, allowing for immediate occupation or investment use.
Special Features / Investment Potential
• Due to its central location, proximity to key services, and strong rental demand in the area, the property is ideal for private residence or as a buy-to-let investment, offering the potential for a very good rental return.
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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