1253m² Commercial for Sale in Strovolos, Nicosia District

Prime Investment Opportunity – Income Generating Student Building
 
An exceptional opportunity to acquire a fully tenanted, income-generating property just steps away from the European University Cyprus.
 
Property Highlights:
– Annual Income: c.€200,000
– Yearly contracts – €630/month for 1-bedroom apartments & €420/month for studios
– Fully let to EUC students – extremely high demand, units fill within days
– Unit Mix: 20 x 1-bedroom apartments & 8 x studio apartments
– Covered parking available
– Facilities nearby: gym, café, restaurants nearby
– Location: Walking distance to European University
 
-Management: Fully managed on a turnkey basis by property management company – hassle-free ownership
-Immediate return from day one
 
Strong capital growth potential – demand indicates there is still room for appreciation
 
💰 Asking Price: €3,500,000
 
With unmatched demand from EUC students, long-term contracts at solid rental rates, modern facilities, and professional management in place, this property guarantees consistent rental income and long-term appreciation. Rarely does an asset of this calibre come to market.
 
Registered and Licensed real estate agent
Reg.no: 1202, License: 625