New residential building in Nicosia № 52895
Additional:
Gated complex
New building
Air Conditioner
Heating
Parking
Storage
Gym
Elevator
Reception
Description:
The project of a student campus in Nicosia in the immediate vicinity of the University is for sale.
Reasons for investing:
-Walking distance from the university. In Cyprus, girls become students under the age of 18 before they can get a driver's license, so it is always preferable that the university is within walking distance.
-Free tuition, so the only expense for parents is the rent for student housing.
-The university is growing rapidly, and its faculties are constantly increasing. Today it has about 10,000 students, and in a few years their number may increase to 12,000.
The completion of the project is planned within 24-36 months from the start date of construction.
Currently, the project has planning permission, the construction permit is awaiting approval in the near future.
Project figures: 22,223m² - total building area, 17,316m² - building land area, 800m² - area for shops, 16,516m² - area for apartments.
Property available for purchase - 7 residential buildings and 1 commercial building: 269 one bedroom apartments with a total area of 45 m² to 50 m² with a veranda and access to a parking lot, 55 studio apartments with a total area of 35 m² with a veranda and access to a parking lot. Facilities: Fitness -center, Bakery and supermarket, Cafeteria, Laundry spot, Reception, Student residence management office, Pharmacy. Public areas: Amphitheater with a capacity of 250 people, Football lessons (Futsal), Landscaped green areas, Bridges, Closed roads, pedestrian areas.
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Object
№52895
Type:
Commercial
City:
District:
Complex:
Developer:
Total area:
22223 m2
Land area:
17316 m2
Storey:
4
Year of construction:
2025
40 000 000 EUR
+ VAT
40000000
2 310
EUR/m2
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