Property Details
- Property Refrence: 50320
- Agent:
- Property Type: Apartment
- Property status: Sales
- Property Price: € 110,000
- Bedrooms: 1
- Bathrooms: 1
- Built: N/A
- Country: Cyprus
- Region: Nicosia
- City: Geri
Description
Location • Strategically located in a sought-after residential area of Geri, Nicosia, this property offers strong rental potential due to its proximity to key amenities. • Situated near to the 2nd Geri Primary School and Geri Avenue—providing quick access to central Nicosia and surrounding areas. • The location is particularly attractive to tenants seeking convenience and accessibility. External Features • Positioned on the 1st floor of a well-maintained three-storey building (2007), the apartment benefits from a 13 sq.m covered veranda, enhancing tenant appeal and usability of space. • The property also includes exclusive rights to an uncovered parking space and a private storage room—features that significantly increase rental desirability and long-term value. Internal Characteristics • With an internal area of 47 sq.m, the apartment is designed with a practical open-plan layout combining kitchen, dining, and living areas, leading directly to the veranda. • It includes one comfortable bedroom and a main bathroom. • The efficient layout ensures low maintenance costs while maximizing rental functionality. Advantages & Investment Potential • This property represents an excellent investment opportunity, ideal for generating steady rental income. • Its location near schools, main roads, and everyday amenities ensures consistent tenant demand. The manageable size and layout appeal to a wide tenant pool, including young professionals and couples. • The property benefits from a separate title deed, ensuring a secure and straightforward transfer process. • Additional features such as private parking, storage room, and covered outdoor space further enhance its marketability and rental yield potential. Overall, this is a low-risk, high-demand asset with strong prospects for both rental returns and long-term capital appreciation.