Property 2958 Mansoura, Nicosia / LIM-PAF-32171
Exceptional Two-bedroom Apartment Near Kings Avenue Mall.
10
For Sale • Deal
145,000€
Estimated Mortgage
/month
2
beds
1
bath
68
m2
Overview
Property Description
Discover an exceptional investment two bedroom apartment for sale near Kings Avenue Mall, offering strong rental demand and immediate income. This third-floor unit (68 m² covered area + 7 m² covered veranda) is ideally located within walking distance of major shopping, dining, and transport options. Although the building is older and does not include a lift, the property provides excellent value and high return on investment from day one. The apartment is currently rented for €840 per month, ensuring guaranteed income for investors seeking a stable, long-term opportunity in a prime urban location.
With its proximity to Kings Avenue Mall and surrounding amenities, this apartment stands out as one of the best-performing investment properties in the area.
Key Features:
- -68 m² covered internal area
- -7 m² covered veranda
- -Third floor (no lift)
- -Immediate rental income: €840/month
- -Walking distance to Kings Avenue Mall
- -Highly sought-after rental location
- ❓ Frequently Asked Questions (FAQ)
- 1.
- Is the property currently rented?
- Yes, the apartment is currently rented at €840 per month, allowing the buyer to earn income immediately after purchase.
- 2.
- What is the return on investment (ROI)?
- With a monthly rental income of €840, the property provides a strong ROI based on its price and high local rental demand.
- If you want, I can calculate the exact ROI once you share the listing price.
- 3.
- Is there a lift in the building?
- No, the building does not have a lift.
- The apartment is located on the third floor.
- 4.
- What makes this location desirable for tenants?
- The apartment is located next to Kings Avenue Mall, meaning tenants have instant access to shops, supermarkets, restaurants, entertainment, and public transport—making it a highly desirable rental area.
- 5.
- Is the building new or old?
- The building is older, but despite that, the apartment delivers excellent investment value due to its location and strong rental income.
- 6.
- How big is the apartment?
- The apartment offers 68 m² of covered area plus a 7 m² covered veranda.
- 7.
- Is this property suitable for long-term investment?
- Yes.
- Properties near Kings Avenue Mall historically maintain strong rental demand and stable occupancy, making them ideal for long-term investment.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Title Deeds
Location
9.89 kms
132.96 kms
0.28 kms
0.42 kms
1.27 kms
1.40 kms
2.15 kms
3.23 kms
4.03 kms
4.41 kms
4.86 kms
5.34 kms
5.63 kms
6.62 kms
7.73 kms
7.83 kms
9.41 kms
1.63 kms
3.30 kms
3.47 kms
3.65 kms
3.89 kms
4.21 kms
4.93 kms
6.31 kms
6.50 kms
8.85 kms
7.97 kms
0.28 kms
0.54 kms
0.57 kms
0.74 kms
0.77 kms
0.88 kms
0.98 kms
1.01 kms
1.06 kms
1.08 kms
1.12 kms
1.14 kms
1.16 kms
1.17 kms
1.19 kms
1.37 kms
1.40 kms
1.94 kms
2.61 kms
3.20 kms
3.42 kms
5.58 kms
6.21 kms
6.53 kms
6.57 kms
6.89 kms
Transfer Fees
Transfer Fees Individual
2,775 €
Transfer Fees Joint Names
2,175 €
Stamp Duty
210 €