About
Description
💰 Estimated ROI: €93,120 annually
An opportunity to acquire a fully developed residential building near Apollonio Hospital, Embassies, and major landmarks.
Situated in a quiet cul-de-sac, opposite a green area (no future construction).
A well-balanced unit mix ideal for student rentals, professionals, and long-term tenants.
📐 Plot area: 549 sqm
📐 Total Internal Areas: 518 sqm
Covered Verandas: 76 sqm
Uncovered Verandas / Patios: 98 sqm
Common Areas: 110 sqm
Storage Rooms: 36 sqm
📐 Total Saleable Area: 676 sqm
Built: 2024
2 × Two-Bedroom Apartments
6 × One-Bedroom Apartments
Dedicated Parking & Storage rooms
🌿 Private outdoor spaces for selected units
⚡ Energy Efficiency Rating A
Anti-seismic design
Thermal aluminum frames & double glazing
Parquet flooring & luxury tiles
Italian-designed kitchens & wardrobes
Laufen sanitary fittings
Pipe-in-pipe system with pressure pumps
Mitsubishi cooling & heating systems
Fire alarm & smoke detection systems
Access control & video door entry
Photovoltaic systems (installed in 2-bedroom units & common areas)
Provision to extend PV to all units
NO VAT applicable
Title deeds in process for each unit
Fully Rented, as of March 2026
Future Development Potential for higher yield & commercial income: Conversion to Medical Centre 21 office units with Ground floor reception
📍 Location
Walking distance to Apollonio Hospital
🎓 Close to European University & University of Nicosia
Near Makareio Stadium
Easy access to Nicosia City Centre, Engomi & Strovolos
🌳 Quiet setting opposite green area (protected views)
🚗 Excellent connectivity
Why This Property Stands Out:
✔ 8-unit ready residential investment
✔ High annual return
✔ No VAT
✔ Cul-de-sac + green area frontage
✔ Future upside (medical/commercial conversion)
An opportunity to acquire a fully developed residential building near Apollonio Hospital, Embassies, and major landmarks.
Situated in a quiet cul-de-sac, opposite a green area (no future construction).
A well-balanced unit mix ideal for student rentals, professionals, and long-term tenants.
📐 Plot area: 549 sqm
📐 Total Internal Areas: 518 sqm
Covered Verandas: 76 sqm
Uncovered Verandas / Patios: 98 sqm
Common Areas: 110 sqm
Storage Rooms: 36 sqm
📐 Total Saleable Area: 676 sqm
Built: 2024
2 × Two-Bedroom Apartments
6 × One-Bedroom Apartments
Dedicated Parking & Storage rooms
🌿 Private outdoor spaces for selected units
⚡ Energy Efficiency Rating A
Anti-seismic design
Thermal aluminum frames & double glazing
Parquet flooring & luxury tiles
Italian-designed kitchens & wardrobes
Laufen sanitary fittings
Pipe-in-pipe system with pressure pumps
Mitsubishi cooling & heating systems
Fire alarm & smoke detection systems
Access control & video door entry
Photovoltaic systems (installed in 2-bedroom units & common areas)
Provision to extend PV to all units
NO VAT applicable
Title deeds in process for each unit
Fully Rented, as of March 2026
Future Development Potential for higher yield & commercial income: Conversion to Medical Centre 21 office units with Ground floor reception
📍 Location
Walking distance to Apollonio Hospital
🎓 Close to European University & University of Nicosia
Near Makareio Stadium
Easy access to Nicosia City Centre, Engomi & Strovolos
🌳 Quiet setting opposite green area (protected views)
🚗 Excellent connectivity
Why This Property Stands Out:
✔ 8-unit ready residential investment
✔ High annual return
✔ No VAT
✔ Cul-de-sac + green area frontage
✔ Future upside (medical/commercial conversion)
Details
City:
Strovolos
Building Type:
Commercial Building
Construction Stage:
Resale
No. of Floors in building:
2
Floor Type:
Marble
Electricity Type:
Three Phase
Construction Year:
2024
Construction Type:
Concrete
Areas
Covered Area:
676m²
Uncovered Area:
98m²
Storage:
36m²
Frontage:
15m
Plot Area:
549m²
Total Area:
884m²
Energy
Heating Type:
Autonomous Heating System
Cooling Type:
Autonomous Cooling System
Energy Efficiency Grade:
A
Main Features
Double Glazing:
Photovoltanic Panels:
Provision for Split Units:
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