Building for Sale with 7% ROI, Nicosia

Price €2,100,000

  • Cyprus, Nicosia
       Engomi
  • Ref. No.  
    RSL-NIC-001
  • Type:

    Residential, Building For Sale
  • Category:

    Resale Properties
  • Beds
    1
  • Baths
    1
  • Covered Area (SqM)
    650 m²
  • Plot Size (SqM)
    1595 m²
  • Year Built
    2010

Overview

  • Beds
    1
  • Baths
    1
  • Covered Area (SqM)
    650 m²
  • Plot Size (SqM)
    1595 m²
  • Year Built
    2010
  • PoolNo
  • GardenNo
  • ParkingYes
  • FurnishedYes
  • Sea ViewNo
  • Distance to Airport40 km
  • Distance to City Center7 km
  • Distance to the Sea30 km
  • Distance to Amenities2 km
  • Title DeedsNo

Description


For sale grate investment opportunity, a student residence with 27 studios, fully furnished, underground and on ground parking, close to
Nicosia University.

Underground parking.
Ground Floor with parking and technical room.
1st floor – 240 m2, 9 studios
2nd floor – 240 m2, 9 studios
3rd floor – 240 m2, 9 studios
4th floor – rooftop, technical room, laundry

It is possible to build +2 more floors.
Each floor has 9 studios, of which are:
• 4 single 25m2, rent is €430 per month each
• 3 double 25m2, rent is €450 per month each
• 2 triple 40m2, rent is €500 per month each

Features & Facilities

  • Quiet Location
  • Covered Veranda/Balcony
  • Uncovered Parking
  • Relaxation areas
  • Public Park Nearby
  • Fully Furnished
  • Bus Stop Nearby
  • Kitchen Appliances
  • Elevator
  • University Nearby
  • Restaurants & Cafeterias nearby
  • Window Blinds / Curtains
  • Balcony
  • Walking distance to village