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Three bedroom apartment in Apostolos Varnavas & Agios Makarios, Strovolos, Nicosia

  • Auction
  • Lot 16
  • Cyprus
  • Apartment
  • Residential

Sold for €104.000

Property Summary

  • Second floor three-bedroom apartment in Strovolos.
  • Separate title deed.
  • Extending to approximately 90 sq. m. internal area, and 8 sq. m. uncovered veranda.
  • Constructed approximately in 1988.
  • Exclusive right of use of one parking space on the ground floor.
  • The apartment is rented until 15/8/2025 with a 6% ROI. The asset is rented for €500/month with the right of the tenant to renew for another 1 year.

Contact Us

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Three-bedroom apartment on the 2nd floor.
  • The apartment consists of three bedrooms, an open-plan living/dining room, a separated kitchen, one bathroom and, an uncovered veranda.
  • Exclusive right of use of one parking space.
  • The building was constructed approximately in 1988.
  • Separate Title Deed. 
  • We are informed that the property extends to approximately 90 sq. m. of internal area, and 8 sq. m. of uncovered veranda.

Location

  • The apartment lies on Dimokratias street, Apostolos Varnavas & Agios Makarios parish, Nicosia district, under Land Reg. No. 10/3275.
  • The property is located at a distance of approximately 200 m. south of Stavrou Street and approximately 150 m. north of Apostolou Varnava high school.
  • The immediate area of the property is mainly characterized by commercial properties such as apartment buildings, offices, shops, restaurants, supermarkets, pharmacies and more.

Tenancy

  • Tenanted

Zoning

  • The property falls within the "Κα6" Residential Zone, which allows 90% building coefficient, 50% building coverage, 2 floors and up to 10 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:

  • Three-bedroom apartment on the second floor.
  • ·nterested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

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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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