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STUDENTS BUILDING EXCELLENT INVESTMENT WITH THE HIGHEST YIELD IN EGKOMI

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Ref: B-96902
Asking Price
€1,700,000
Loan Installment

Click to calculate

Available
Property for Sale in Nicosia, Egkomi Lefkosias, Cyprus
Property for Sale in Nicosia, Egkomi Lefkosias, Cyprus
Property for Sale in Nicosia, Egkomi Lefkosias, Cyprus
Property for Sale in Nicosia, Egkomi Lefkosias, Cyprus
Property for Sale in Nicosia, Egkomi Lefkosias, Cyprus
Property for Sale in Nicosia, Egkomi Lefkosias, Cyprus
Property for Sale in Nicosia, Egkomi Lefkosias, Cyprus
Property for Sale in Nicosia, Egkomi Lefkosias, Cyprus

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Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Residential
  • Location: Nicosia, Egkomi Lefkosias, Cyprus
  • Internal Area: 1484sqm
  • Covered Verandas: 84sqm
  • Price: €1,700,000
  • VAT: N/A
  • Loan Installment: €8,063

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: €1,700,000
Own Contribution (35%): €595,000
Loan Amount (65%): €1,105,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 6 Years
  • Floors: 3
  • Plot/Land Size: 670sqm
  • Units: 15
  • Reference: B-96902
Dimitris Vasiliou
Mobile: (+357) 99478911

Nicosia
Address: Nicosia Georgiou Davari Office
This perfect condition building located at an area close to the University of Nicosia has great demand from University students and high yield. It has 3 floors plus the basement and each apartment has a covered parking and a store room. It consists a total of 15 fully furnished (furniture included in the price) apartments from which 6 are one bedroom flats and 9 studios, all of them always fully rented, never been empty. The building has a final approval and it is at the stage where the land Registry will issue the title deeds. For more details regarding the Rental income - yield of the building and to visit the property, please contact me by phone or email.
Attributes
Parking-Covered
Use of building
Residential
No of parking spaces
16
Air Conditioning

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