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2550m² Building for Sale in Aglantzia, Nicosia District

ID: 3150271
Posted: 5 months ago
Modified: 4 months ago

Under Construction
2550m²
2025

€4 750 000
+ VAT

Price per m²

€1863/m²

VAT

Not Included in Price

VAT for this property is €850,343 (Reduced 5% rate) or €902,500 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

Title Transfer Fee

Ref. #: 18527
Plot area: 1610m²

Attractive investment opportunity!
The student residence project is a four-story modern building which consists of 75 self-contained studios, with the supplementary use of all the communal facilities such as the lobby, reception, cafe, tv room, study room, gym and game room, all on the ground floor along with the parking facilities.
The shortage of similar accommodation is tenfold the number of Student Residence capacity and is expected to increase further with the completion of the New Medical School presently under construction.
The project is currently under study.