Floors: 3
Status: Key ready
Structure: Concrete
Facade: Concrete
For sale is a fully rented residential building situated in the sought-after area of Aglantzia, Nicosia, close to the university and a wide range of amenities.
The building consists of 10 fully furnished apartments, all currently rented, offering an immediate and stable rental income. The property generates approximately €90,000 per year, with entry Yield: 5.3% and Year 5 Yield: 6% ,making it an attractive option for investors seeking an income-producing residential asset.
Its location benefits from strong and consistent rental demand, particularly from students and professionals. With current rents offering potential for gradual adjustment towards market levels, the property also provides opportunities for future rental yield growth.
An excellent investment opportunity combining 100% occupancy, established rental income and long-term potential in one of Nicosia's popular residential and university areas.