Vacant Residential building in Kaimakli, Nicosia
€370,000
Overview
Reference 184078
Bathrooms: 1
Toilets: 1
Kitchens: 1
Floors: 2
Year of Construction: 2004
Covered:76m²
Plot:261m²
Covered veranda:6m²
Presenting a versatile three-storey residential building located in the heart of Kaimakli, Nicosia — an ideal opportunity for investors seeking immediate rental income or long-term capital appreciation. This well-maintained property comprises a total of five self-contained apartments, offering strong rental yield potential and flexibility for multi-unit occupancy. Property Breakdown: • Ground Floor Apartment o Internal Area: 76sq.m. o Covered Veranda: 6sq.m. Features an open-plan living and kitchen area, three bedrooms, a bathroom, and covered verandas — ideal for family living or larger tenants. • First Floor – 2 x 2-Bedroom Apartments (Doors 11 & 12) Door 11 o Internal Area: 55sq.m. o Covered Veranda: 9sq.m. o North-facing Door 12 o Internal Area: 54sq.m. o Covered Veranda: 5sq.m. o South-facing Each apartment offers an open-plan living and kitchen area, a bathroom, and covered verandas. • Second Floor – 2 x 2-Bedroom Apartments (Doors 21 & 22) Door 21 o Internal Area: 55sq.m. o Covered Veranda: 9sq.m. o North-facing Door 22 o Internal Area: 54sq.m. o Covered Veranda: 5sq.m. o South-facing Similar layout to the first floor, offering light-filled interiors and private verandas. Additional Features: • 2 Covered & 2 Uncovered Parking Spaces • Vacant Possession – Ready for immediate occupancy or rental • Separate Title Deed – Clear ownership and easy transfer • Energy Performance Certificate Pending Prime Location: Located on Vasileiou Voulgaroktonou 8A, this property is: • 650m northwest of Ayiou Polydorou Church • 200m southwest of Kaimakli Cemetery • Set within a quiet yet accessible residential area, close to schools, shops, and major roads. Development Zone: Κα4 • Building Density: 120% • Coverage: 50% • Floors Permitted: 3 (up to 13.5m in height) Energy Performance Certificate Pending Issuance
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