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Apartment Building for sale in Aglantzia, Nicosia

Aglantzia, Nicosia, Cyprus
Apartment Building for sale in Aglantzia, Nicosia 1009 Aglantzia
40000000 €40,000,000  ($44,481,859)
Apartment Building
Aglantzia, Nicosia

€40,000,000  ($44,481,859)

VAT Applicable not included in the price
Dom Real Estate

Dom Real Estate

DOM Real Estate Agent reg. number: 397 License: 338/Ε

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $1,556,865

Average Bank Rate (€40,000,000)
1 USD = 0.8688 EUR
$46,038,724

Mid-market rate (€40,000,000)
1 USD = 0.8992 EUR
$44,481,859

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1448705 (79882)
  • Plot: 17316 sqm

Description

The project of a student campus in Nicosia in the immediate vicinity of the University is for sale.Reasons for investing:-Walking distance from the university. In Cyprus, girls become students under the age of 18 before they can get a driver's license, so it is always preferable that the university is within walking distance.-Free tuition, so the only expense for parents is the rent for student housing.-The university is growing rapidly, and its faculties are constantly increasing. Today it has about 10,000 students, and in a few years their number may increase to 12,000.The completion of the project is planned within 24-36 months from the start date of construction.Currently, the project has planning permission, the construction permit is awaiting approval in the near future.Project figures: 22,223m² - total building area, 17,316m² - building land area, 800m² - area for shops, 16,516m² - area for apartments.Property available for purchase - 7 residential buildings and 1 commercial building: 269 one bedroom apartments with a total area of ​​45 m² to 50 m² with a veranda and access to a parking lot, 55 studio apartments with a total area of ​​35 m² with a veranda and access to a parking lot. Facilities: Fitness -center, Bakery and supermarket, Cafeteria, Laundry spot, Reception, Student residence management office, Pharmacy. Public areas: Amphitheater with a capacity of 250 people, Football lessons (Futsal), Landscaped green areas, Bridges, Closed roads, pedestrian areas.

Disclaimer - Property reference 1448705. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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