Rare New Investment Opportunity

Nicosia

€ 1,550,000 +VAT

687 m2 Area
525 m2 Land

Property Ref: #12988

Property Description

A rare investment opportunity in the heart of Strovolos. This brand-new boutique development comprises just 9 modern apartments, including one and two bedroom residences, some with dedicated office spaces. Τhe two bedroom apartments also feature photovoltaic systems. The development also includes a 19㎡ communal lobby. With a projected annual rental income of approximately €95,000 and an estimated ROI of around 6%, this is an excellent opportunity for strong rental returns and long-term investment value.

Property Features

Type

Residential Building

Status

New

Area

687 m2

Land

525 m2

Storeys

3

Parking

11

Year

2026

Energy

A

Even More Info

Air Condition

Electric Appliances

En Suite Shower

Fitted Kitchen

Gated Complex

Modern Architecture

Photovoltaic Panels

Pressurised Water System

Solar Water Heaters

Storage Room

Location

Strovolos, Nicosia

CURRENT ASKING PRICES PRICES IN STROVOLOS

AVERAGE PRICES TODAY

Flat Price
€ 319,438
House Price
€ 1,256,789
Residential Plot Price
€ 698,976

% PROPERTY TYPES

10 % Houses
22% Plots
69% Flats

% BEDROOMS

6% 1 Bed Flat
52% 2 Bed Flat
32% 3 Bed Flat
1% 3 Bed House
6% 4 Bed House
3% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 174,777
2 Bed Flat
€ 286,774
3 Bed Flat
€ 392,957
3 Bed House
€ 400,000
4 Bed House
€ 997,666
5 Bed House
€ 1,570,000

PRICE RANGE

Flats:
€ 162,000 - € 550,000
Houses:
€ 370,000 - € 4,200,000
Residential Plots:
€ 140,000 - € 5,800,000