New residential building in Nicosia / Engomi №201367

Residential building for sale in Nicosia, Engomi. The project includes 20 single apartments, a storage room and parking in the basement. Each apartment has high-quality finishes and modern design. Each apartment is equipped with air conditioning, electric shutters and has an open floor plan. The project is located 1.9 km from the European University. Total area: 900 m2. Construction has begun. VAT is not applied, which allows the investor to save about 600,000 euros on taxes. The complex is designed to accommodate students, and the demand for housing in the Engomi area is high due to its proximity to two major universities. Gross rental yield: approximately 6.5%. This project represents a very attractive opportunity for long-term investments with stable rental income and capital appreciation potential. The complex is located close to all necessary infrastructure, providing convenient access to all urban amenities.