Residential building for sale in Nicosia

€420,000

Egkomi, Nicosia

Property description

Investment Opportunity of whole floor with 4 apartments in Egkomi, Nicosia (7626)

Discover a prime investment opportunity in the prestigious and vibrant area of Engomi, offering a whole floor with four apartments and a solid 7% return on investment. This property, located just 1km from the University of Nicosia and UNIC Medical School, and 2km from the European University, is ideally positioned for both student and professional tenants.

Property Highlights:

4 Apartments: Includes two 2-bedroom units and two studio apartments.
High Occupancy Rate: Three of the four apartments are currently rented, ensuring immediate rental income.

Comprehensive Amenities: The title deed includes three covered parking spaces in the basement and two storage rooms, adding extra value and convenience.

Property Details:

Area: 240 m | Floor: 1st
Condition: Resale, fully furnished | Included Features: Elevator, balconies, storage rooms
Climate Control: Full air conditioning in all rooms | Construction Year: 2010 | Bathrooms: 4 | Bedrooms: 4

Energy efficiency

Certification in progress.

Bathrooms

Covered area

195 m²

Veranda (covered)

33 m²

Veranda (uncovered)

9 m²

Year of construction

2006

Title deed

Full

Furnished

Fully

Condition

Resale

Floor

Communal fees

€80 per month

Elevator

Yes

Balcony

Yes

Amenities 2 km
Sea 54 km
Resort 3 km
Schools 3 km
Public transport 2 km
Airport 55 km

Mortgage

See how much a mortgage would cost for this property using our calculator. Adjust your down payment amount, repayment period and interest rate to fit your scenario more accurately.

Purchase price

Down payment

Repayment period

Interest rate

Monthly repayment