Income Producing two-bedroom apartment in Strovolos, Nicosia
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Auction
- Cyprus
- Apartment
- Residential
Invited Opening Bid €110.000
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Addendum
Property Summary
- Third floor two-bedroom apartment, with parking space and a storage room.
- Extending to approximately 80 sq. m. internal areas and 11 sq. m. covered verandas.
- The apartment is rented for €750/month with a ROI of approximately 8,2%
- This property has a minimum conditional price subject to confirmation (STC). The highest offer is subject to approval by the vendor, who has a maximum of 2 working days to respond. In the meantime and in case of approval by the vendor the highest offer placed will be mutually binding. You will find more information in the Terms and Conditions.
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Property description
- Two-bedroom apartment with door number 303 on the 3rd floor.
- It consists of entrance, living room, dining room, kitchen, two (2) bedrooms, guest toilet, separate bathroom / toilet room and veranda.
- Exclusive right of use of one parking space number 11, and storage room number 6.
- Year of built: 2007
- We are informed that the property extends to approximately 80 sq. m. of internal area, and 11 sq. m. of covered verandas.
Location
- The apartment is located in Chryseleousa parish, Strovolos Municipality, Nicosia district, under Land Reg. No. 3/213 & 3/126.
- They fall within the municipal boundaries of Strovolos, Chryseleousa parish, Nicosia province, about 55m southeast of the junction of Strovolos Avenue and Athens Street and the Stgrovolos Town Hall and Municipal Theater.
- The immediate area of the property is mainly characterized by residential and commercial properties such as apartment buildings, offices, shops, supermarkets, pharmacies, and more.
Tenancy
- The apartment is rented for €750/month
Zoning
- The property falls within the "Κα4" Residential Zone, which allows 120% building coefficient, 50% building coverage, 3 floors and up to 13,5 meters height.
Accommodation
The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Two-bedroom apartment on the 3rd floor.
- Furniture included
- Interested parties are recommended to undertake their own inquiries to confirm property measurements.
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*Terms & Conditions
Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
If you have any questions in the meantime, we're here to help: