Rare New Investment Opportunity

Ref No:
€1.550.000
  • Status: For Sale
  • Property type: Commercial Building
  • Ref. ID: 12988
  • City: Nicosia
  • Area: Acheleia
  • Condition: Brand New
  • Plot / Land Area: 525 m2
  • Covered Area: 687 m2
  • Energy Efficiency Rating: N/A

Details

A rare investment opportunity in the heart of Strovolos. This brand-new boutique development comprises just 9 modern apartments, including one and two bedroom residences, some with dedicated office spaces. Τhe two bedroom apartments also feature photovoltaic systems. The development also includes a 19㎡ communal lobby. With a projected annual rental income of approximately €95,000 and an estimated ROI of around 6%, this is an excellent opportunity for strong rental returns and long-term investment value.