Student Accommodation Complex in Nicosia Project №150275

We are pleased to present to your attention an investment project consisting of two residential blocks, comprising a total of 33 apartments designed for students. The complex is located within walking distance from the University of Cyprus and provides a stable rental income in one of the most sought-after student areas of Nicosia.

Object characteristics:

Block A – 3 floors, 23 apartments

Block B – 10 apartments

Apartment types – 25 single, 6 double, 2 triple

Each apartment has a covered veranda, a storage room and a parking space.

Advantages:

All apartments are fully furnished and rented out.

The sale is carried out through SPV – without VAT

Full management of a professional company (10% management fee)

High occupancy and stable rental income

It is planned to increase the rent, which will increase profitability

The perfect location:

The complex is located next to the University of Cyprus, as well as in close proximity to a supermarket, a coffee shop, a gym, a library, a gas station and a bus stop.

This is a great opportunity to purchase a ready-made and income-generating asset in the heart of the educational center of Cyprus.

For more information, please contact us.