Property 2329075 Aglandjia, Nicosia
This substantial property in Aglantzia offers a rare investment opportunity near the University of Cyprus. Boasting 650 m2, it includes two main residences and additional units, perfect for rental...
Price
750,000
Key facts
6 Beds
650 m²
Overview
Property Description
Positioned in one of the most privileged and high-demand residential areas of Aglantzia, this substantial property presents a rare investment opportunity in close proximity to the University of Cyprus, the Cyprus Broadcasting Corporation (RIK), and the scenic Athalassa National Forest Park.
The asset comprises a total built area of 650 m2 and is configured as a small residential block, offering multiple independent living units. Specifically, the property includes two main residences—one on the ground floor and one on the first floor—providing generous internal spaces suitable for family living or rental use.
In addition, there is a separate supporting ground-floor unit of 60 m2, ideal for auxiliary accommodation, guest use, or service staff, as well as an attic space of 52 m2, which can be further utilized or converted depending on the buyer’s vision.
The property is particularly well-suited for investors, with strong potential for conversion into student accommodation given its strategic location near the university. Alternatively, it offers the flexibility to be reconfigured into a single, expansive private residence.
While the building is structurally in good condition, it would benefit from renovation and modernization, allowing the new owner to unlock its full potential and significantly enhance its value.
A versatile and high-potential property in a prime location—ideal for both income-generating investment and bespoke residential development.
The asset comprises a total built area of 650 m2 and is configured as a small residential block, offering multiple independent living units. Specifically, the property includes two main residences—one on the ground floor and one on the first floor—providing generous internal spaces suitable for family living or rental use.
In addition, there is a separate supporting ground-floor unit of 60 m2, ideal for auxiliary accommodation, guest use, or service staff, as well as an attic space of 52 m2, which can be further utilized or converted depending on the buyer’s vision.
The property is particularly well-suited for investors, with strong potential for conversion into student accommodation given its strategic location near the university. Alternatively, it offers the flexibility to be reconfigured into a single, expansive private residence.
While the building is structurally in good condition, it would benefit from renovation and modernization, allowing the new owner to unlock its full potential and significantly enhance its value.
A versatile and high-potential property in a prime location—ideal for both income-generating investment and bespoke residential development.
Sustainability / Energy
Energy efficiency rating
Energy data pending
Location
Open in mapsPhotos
Nearby
Airports near the property
44.45 km
112.48 km
Beaches near the property
No nearby places available in this category.
Education
1.93 km
3.44 km
3.52 km
3.82 km
4.90 km
Winery
No nearby places available in this category.
Getting around in Aglandjia
1.12 km
1.91 km
2.31 km
4.05 km
4.09 km
4.16 km
4.20 km