Exclusive Investment
€ 3,500,000
Property Description
This property has a gross rental income of EUR 175K p.a., yielding 5% on the EUR 3.5M (inclusive of VAT) asking price. Nestled adjacent to the vibrant university campus lies an exceptional building ripe for investment. Boasting a blend of student housing and academic facilities, this property offers a unique opportunity for savvy investors. Each of the 20 one-bedroom apartments within the university halls is meticulously designed to meet the needs of modern students, ensuring high occupancy rates and robust rental income. With its strategic location and strong demand for student accommodation, this investment promises an attractive return on investment. The close proximity to the university not only enhances the property's value but also ensures long-term stability and growth potential.
Property Features
Type
Residential Building
Status
New
Area
1,464 m2
Land
2,441 m2
Storeys
5
E.C
B
W.C
1
Parking
1
Even More Info
Air Condition
Electric Appliances
Fitted Kitchen
Modern Architecture
Parking Covered
Pressurised Water System
Solar Water Heaters
Plans
Engomi, Engomi & Ma/ssa, Nicosia
* Please note that the location shown on the map is approximate. Please contact us for more details and to arrange a viewing.
CURRENT ASKING PRICES PRICES IN ENGOMI
AVERAGE PRICES TODAY
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