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8 Bed Apartment for sale

Paralimni, Famagusta, Cyprus

£219,790 *  [€255,000]

8 Bed Apartment for sale

Paralimni, Famagusta, Cyprus

£219,790 *  [€255,000]

Property Details


  • Bedrooms: 8
  • Bathrooms: 4

Features


  • Whole block
  • 4 x 2 bed apartments
  • Close to Paralimni town centre
  • Title deeds
  • Investment yield 6%

Full Description


Two-storey building in Paralimni Municipality, in Famagusta District. It is located on Agiou Thomas Street, 250 meters north of Paralimni Stadium.

The property is situated close to all necessary amenities and services. In addition, it has excellent accessibility to the motorway and the neighboring villages and municipalities.

The building was constructed in 1984 and is in a good condition. It consists of four two-bedroom apartments, two on the ground floor and two on the first floor. The apartments are identical and consist of an open plan kitchen with a living/dining room, a bathroom with WC and two bedrooms. Outside there is uncovered parking.

The internal area of each apartment is 65sqm (approx.) and the covered verandas 5sqm (approx.).

The key advantage to this property is that that whole building is being sold and is considered as an ideal choice for investment.

The apartments are rented for a total of €1270/month with a return of 6%.

Map may not show exact location