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For Investment Student Residence walking distance to the University of Nicosia. in Nicosia, Engomi

Comprises of 15 units in total.
-9 studios with 35m2 internal covered areas plus external verandas
-6 One Bedrooms with 50m2 internal covered areas plus verandas
 
Fully furnished, electrical appliances, air-conditioned, each Apartment has its own parking and storage.
All units are continuously occupied since date of completion and the rental prices in the area are rising.
Final certification of the building is ready, which is only a step before the 15 separated title deeds are ready.
The building is on a plot of 669m2 and the building size is 700m2
 
€91,000 Yearly Rent.
Asking Price €1,800,000
Initial Yield: 4.7%.

Sales Price:
€1,800,000
Title Deed Available
Yield:
5.05%
Listing Type:
Residential
Property Type:
Building
Property Status:
Resale
Date Available:
06-12-2019
Living Area:
700m2
Total area:
700m2
Veranda/Patio:
70m2
Units:
10
Title Deeds:
Yes
Year Built:
2010
Pets allowed:
Not Applicable
Total Floors in the Building:
2
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