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The Genoa Apartments - CYP £56000.00 to CYP £88500.00 - 28 FEB 2007

The Genoa Apartments Nicosia Cyprus

Cyprus - Nicosia property offer

The Genoa is has 9 1&2 bed apartments in central Nicosia in a location that is excellent for long lets. With 5-7% net rental yields attainable, and 70% LTV this is cash flow positive from day 1, with the security of a market that is stable and growing.

overseas property for Cyprus

Development information
• A 3-storey development of 9 apartments in Pallouriotissa, an inner city suburb of Nicosia
• 3 x 1-bedroom apartments of 64.45 m2: CYP£56 - 58K
• 6 x 2-bedroom apartments of 105.8 m2: CYP£87,500 - 88,500K
• February 2007 completion


Investment proposition
This is an opportunity to buy into a growing market where the current level of supply of quality, brand new apartments does not meet increasing demand from local workers and local and international students. With the government planning to invest in and promote Nicosia as an international provider of English tertiary education, student numbers will continue to grow over the next 10 years. The location of The Genoa is strategically positioned within easy access of almost all of the city’s educational institutions. Macro-economic factors also support continued growth in Nicosia and will ensure that this investment not only prov

 
 

House in need of renovation in Kakopetria - £120000.00

House in need of renovation in Kakopetria Nicosia Cyprus

Cyprus - Nicosia property offer

This property is situated in the Old Village of Kakopetria in Cyprus some 40 minutes drive from Nicosia. The whole village has been declared a museum by the government of Cyprus and reconstruction projects are funded by the govrnment of Cyprus.

overseas property for Cyprus

This property is situated in the Old Village of Kakopetria in Cyprus some 40 minutes drive from Nicosia. The whole village has been declared a museum by the government of Cyprus and reconstruction projects are funded by the govrnment of Cyprus.

The land has its own stream, a two bedroom house (renovation needed) and access to the land and house from the new village of Kakopetria and the ancient village.

Currently you can build a 2 bedroom house but you can apply for expansion of the house in the land attached to the house. Its a great location and it can either be used for home use or buisiness, e.g. restaurant, spa, hotel etc. Its a great opportunity to own your own house/land in a unique museum-village.

Not too be missed.

Price in CYP 150,000

 
 

New 3 bed homes in Strovolos Nicosia - £175000.00

New 3 bed homes in Strovolos Nicosia Nicosia Cyprus

Cyprus - Nicosia property offer

Ergodomiki are constructing a prestigious development of four detached homes in Strovolos, one of the most sought after suburbs of Nicosia. The development is located 10 minutes from the city centre.

Each home is built to the highest quality and

overseas property for Cyprus

Ergodomiki are constructing a prestigious development of four detached homes in Strovolos, one of the most sought after suburbs of Nicosia. The development is located 10 minutes from the city centre.

Each home is built to the highest quality and standards and offers up to 188 sq. m of family accommodation over three floors. The specification includes attractive architectural features with balconies and verandas.

The accommodation comprises of:
Ground floor: Hall, Living room and Dining room on open plan, Kitchen and Family room with doors opening to a veranda, Utility room, WC and spacious verandas at the front and back.

First floor: Master bedroom with en-suite shower, two further bedrooms, main bathroom and balcony.
Second floor: One further room
Each property has a covered single garage with parking space in front. A BBQ area is provided in a secluded and landscaped back garden. There is provision for future installation of central heating and of six split air con

 
 


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