Entire Residential Apartment Building

An exceptional turnkey residential investment opportunity comprising a modern apartment building of 8 fully renovated and fully furnished two-bedroom apartments, ideally positioned in a well-established residential area of Nicosia.

The property has been extensively renovated in 2022 and is offered as a ready-to-operate income-producing asset.

Investment Highlights

✔ 8 Two-Bedroom Apartments
✔ 558 sq.m. Plot
✔ Basement Parking & Private Storage Rooms
✔ Stone-Clad Contemporary Building
✔ Fully Renovated (2022)
✔ Fully Furnished
✔ Fully Equipped with Electrical Appliances
✔ No VAT Applicable
✔ No Transfer Fees
✔ Held under a Special Purpose Vehicle (SPV)

Income Potential

💰 Asking Price: €1,700,000

💵 Estimated Annual Rental Income: €85,000

📈 Estimated Gross Yield: 5.0%

Apartment Mix

• Ground Floor: 3 × Two-Bedroom Apartments
• First Floor: 3 × Two-Bedroom Apartments
• Second Floor: 2 × Two-Bedroom Apartments