FOR SALE - €270,000 - REF. NO. L106499
Two apartments (on the ground floor and the 2nd floor) in of Apostolos Varnavas & Agios Makarios quarter, in the Municipality of Strovolos, in the district of Nicosia. They abut Nikou Georgiou Street no.15, located approximately 160 meters west of Iosif Hadjiiosif Avenue and approximately 280 meters south of Athalassas Avenue.
The properties are ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, they have excellent access to the motorway and the center of Nicosia. They have an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.
The ground floor apartment was built around 1980. It consists of an open plan living room - dining room - kitchen, four (4) bedrooms, a shared bathroom with toilet, a guest toilet. Externally it has covered & uncovered verandas and a courtyard. The area of the enclosed spaces is approximately 161 sq m, approximately 27 sq m of covered verandas and approximately 92 sq m of courtyard. It is noted that the property is in process of acquiring a Court Order for vacant possession (freehold).
The apartment on the 2nd floor consists of the 2nd floor and the attic and was constructed in circa 2011. The 2nd floor consists of an open-plan entrance/living room/kitchen with dining area, WC with a shower and a laundry room. The attic consists of two bedrooms and a jacuzzi with a WC. The area of the closed spaces is approximately 75 sq m, approximately 30 sq.m. attic and approximately 18 sq m of covered verandas. The flat is vacant and it is suitable for private use or for rental use with a good return.
It is worth noting that there is a building permit for the 2nd floor (which has expired) and a separate title deed for the apartment on the ground floor.
It is noted that there is an agreement and the property for sale concerns the ground floor apartment (no. 1 & 3) and the apartment on the 2nd floor with the attic (letter A) of the property as shown in the plan in red.
