€295,000 $319,753
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Pay in USD and save up to $11,191Key features
- Listing ID: 1570084 (181613)
- Bedrooms: 2
- Bathrooms: 2
- Total covered area: 93 sqm
- Newly built
Description
Located in Agios Georgios area, The Residences is an exquisite luxury development offering 15 exclusive units, including studios, 1 and 2-bedroom apartments, and opulent penthouses. Each penthouse features stunning rooftop gardens, providing an elevated living experience with captivating views.
Situated in a peaceful yet highly sought-after area, The Residences offers residents a perfect balance of tranquility and convenience. It is close to essential amenities and provides easy access to main roads, allowing quick connections to the vibrant city centre and is adjacent to Famagusta Tennis Club.
This stylish development not only elevates daily living but also represents a prime investment opportunity. With the region's property market on the rise, The Residences presents strong potential for capital appreciation and high rental yields in this thriving location.
Estimated Monthly Rental Income: €2,250
Estimated Annual Rental Income: €27,000
Annual Rental Income Yield: 9.2%
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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