Apartment, For Sale, Nicosia, Lycavitos

Location
This 2-bedroom apartment is just 500 meters from the University of Cyprus (Old Campus), off Kallipoleos Avenue. It offers easy access to the vibrant city center while providing a serene residential setting. Essential services and amenities are within walking distance, making it an attractive location for tenants or future resale.
External Features
• Situated on the 4th floor of a 6-story building with 26 apartments.
• The building, approximately 50 years old, is in fair condition and would benefit from renovation to maximize its potential.
• Enjoy abundant natural light and stunning views from the apartment.
Internal Characteristics
• Spacious Living: 81 sqm of internal space, plus a 9 sqm covered veranda.
• Separated Kitchen: Functional kitchen extending into living and dining areas, leading to the veranda.
• Comfortable Bedrooms: Two generously sized bedrooms with ample wardrobe space.
• Convenient Amenities: Full bathroom and well-laid-out living spaces.
Advantages & Special Features
• Electrical heating and air conditioning units providing both cooling and heating.
Investment Highlights
An additional apartment with the same specifications is available on the 6th floor. Each apartment is priced at €130,000. For buyers interested in acquiring both units, the total price is reduced to €240,000, reflecting a €20,000 discount.
• Prime opportunity for investors looking to renovate and increase value.
• High potential rental yield or resale value due to location and layout.
• Ideal for buyers seeking a property with both immediate and long-term growth potential.
• The apartment is currently rented, offering instant rental income and investment returns.