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For Sale Studio Apartment in Engomi, Nicosia


Makedonitissa, Nicosia

1 BATH | REF: A-121404
€109,000
ENQUIRE NOW
Available
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus
Property for Sale in Nicosia, Engomi, Cyprus

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Bathrooms
1
Internal Area (sq.m.)
35m2

Property Details

Property Details
  • For Sale
  • Property Type: Apartment
  • Property Subtype: Typical Apartment
  • Location: Nicosia, Engomi, Cyprus
  • Internal Area: 35sqm
  • Covered Verandas: 5sqm
  • Bathrooms: 1
  • No of WCs: 1
  • Price: €109,000
  • VAT: N/A
  • Loan Installment: €372

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Assumptions:
Closing Price: €109,000
Own Contribution (25%): €27,250
Loan Amount (75%): €81,750
Interest rate: 3.6%
Years of repayment: 30 years

More Information
  • Furnished: Yes
  • Status: Resale/Used
  • Age: 10 Years
  • Total No of Floors: 2
  • Property Floor: 1 (No.105)
  • Units: 15
  • Exclusive Listing: Yes
  • Reference: A-121404
  • Energy Efficiency Certificate: B

Property Description

Location
• Within walking distance from the University of Nicosia, The Mall of Engomi and many other amenities in Engomi area.
• The building is located 200 meters from the southern side of 28th October Street, in a quiet neighborhood.
External Features
• The building was constructed 10 years ago and was finished with high quality materials.
• It has one floor of underground parkings, ground floor with parkings, reception area and one flat, and 2 floors with flats (1st and 2nd floor).
• The whole building comprises 6 one-bedroom apartments and 9 studios.
• It has 17 underground parking places.
• The building is in an excellent position. (like new)
Internal Characteristics
• This studio is currently rented at €450 per month.
• The demand for studios in the area is very high.
• The target rent for the flat is €470.
• It is an open plan area with furniture and kitchenette, 1 bathroom and a balcony.
• It is located on the 1st floor.
Advantages – Special Features
• Excellent area.
• Almost brand new building.
• No VAT.
• Big demand from tenants.
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Additional Details

Parking-Covered
Parking-Uncovered
Solar panels for water heating
Study
Shower
Kitchen-Open
Store Room
Balcony
No of parking spaces
1
Air Conditioning
Furnished
Washing Machine

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