FOR SALE - €195,000 - REF. NO. L102831

Large three bedroom whole-floor apartment in a central location in Panagia quarter of Nicosia municipality. The property facing on Agios Nikolaos street No.41, at a distance of 130 meters (approx.) west of Palouriotissa Primary School and 250 meters (approx.) north of Lidl supermarket (John Kenedy Avenue).

It is ideally situated close to a plethora of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoy excellent access to the main town routes and the city center.

The apartment number 201 is located on the whole 2nd floor of a small residential building which were built around 2014. It consists of a living room, kitchen, office, three bedrooms (all are en-suite), bathroom and covered verandas.

It has an internal covered area of 176sqm (approx.) and 13sqm (approx.) of covered verandas. It has also its own parking space on the ground floor.

It is noted that the building has a distribution agreement and the flat for sale corresponds to the 1/3 share of the property.

Its size is ideal for large families but it can also be used as an investment for rental with a satisfactory rate of return.

It is noted that the flat is rented for €850/month with with a yield of 5,2%.