Building in Nicosia Pallouriotissa

Information from owner


Property ID: 1-1576 Nicosia – Pallouriotissa

FOR SALE: Residential building comprising four apartments, built on a 556 sq.m. plot and situated in Pallouriotissa very close to Frederick University.
The building comprises:

Two one-bedroom apartments:

50 sq.m. of internal areas and a 12 sq.m. veranda

45 sq.m. of internal areas and a 7 sq.m. veranda

Two two-bedroom apartments:

100 sq.m. of internal areas

90 sq.m. of internal areas<br data-start="465" data-end="468">
The apartments also feature spacious verandas of up to 33 sq.m.

All four apartments are currently rented to students, providing immediate and stable rental income. The property also includes parking spaces and a storage room.
An excellent investment opportunity in an area with strong demand for student accommodation. With the appropriate modifications, the building could also be converted into a spacious and independent family residence.