Modern 3 Floor Building with a Total of 10 Units of 1 Bedroom & 3 Bedroom Apartments For Sale in Aglantzia Area - Near University Of Cyprus

Positioned in the sought-after area of Aglantzia, Nicosia, this income-producing residential building presents an excellent investment opportunity, ideally located in close proximity to the University of Cyprus. Offered at €1,750,000, the property provides approximately 600 m² of covered area arranged across three floors and benefits from strong rental demand within this established residential location.

The building comprises a total of 10 apartments, consisting of eight one-bedroom apartments and two three-bedroom apartments. Designed with a contemporary approach, the development combines comfortable and functional living spaces suitable for the demands of the local rental market.

Currently 100% occupied, the property generates an annual rental income of approximately €90,000, representing a gross rental yield of around 6%. With all 10 apartments currently rented, the new owner benefits from an established income stream and immediate cash flow from day one.

Its strategic position near the University of Cyprus, combined with full occupancy and consistent rental income, makes this property particularly attractive for investors seeking a ready-made residential investment with long-term value and income potential in Nicosia.

Contact CIC Properties today to arrange a private viewing or to request further information about this investment opportunity.