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5 Bedroom Apartment
Strovolos, Nicosia

€254,000  ($292,647)

KW Seven

KW Seven

Reg. No: 772 / Licensed No:366/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $10,243

Average Bank Rate (€254,000)
1 USD = 0.8386 EUR
$302,890

Mid-market rate (€254,000)
1 USD = 0.8679 EUR
$292,647

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: 8501130 (2341175)
  • Bedrooms: 5
  • Total covered area: 151 sqm
  • Resale built in 2003
  • Energy Class: Not Required

Description

Top-floor apartment for sale, located on the 5th floor of a residential building, in a prime location on Athinon Avenue, Strovolos.
👉The property offers 151 sqm of internal areas, 17 sqm of covered verandas, and 49 sqm of uncovered verandas, providing spacious and comfortable living areas.
It has been converted into 5 studio units, all currently rented, generating a total income of €1,800/month (€21,600/year), making it an excellent investment opportunity with an 8.3% return 📈
Situated in a highly desirable area, with easy access to all amenities including shops, schools, and public services.
🔑 Ideal for investors seeking immediate rental income and strong returns.

💰 Rental Breakdown:
Studio 1: €350
Studio 2: €400
Studio 3: €350
Studio 4: €350
Studio 5: €350
Total: €1,800/month

For privacy reasons, the advertiser has not indicated the exact address.
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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
€6,760 ($7,789)
If buying on joint names
€4,650 ($5,358)

Disclaimer - Property reference 8501130. 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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