£650.000 Perfect Investment Opportunity – Whole Block, 15 Apartments For Sale / Famagusta
Famagusta Region, North Cyprus
£650,000
- Sale Price £650,000
- Status For Sale
- Listing Type Business for Sale
Description
Exchange title deed
x14 = 2+1 apartments
x1 = 3+1 apartment
4 floors 15 apartments
2 bed apartments apx 65 m²
All apartments fully furnished
All apartments have a balcony
Ready to rent
Perfect investment
5 minutes’ walk to Eastern Mediterranean University
Walking distance to all amenities
This apartment block is located in Famagusta, not far from the university. The apartment blocks consists of 14 apartments of 2+1 bedrooms, and one 3+1. All apartments have an open plan kitchen and living room, a separate bathroom and two bedrooms. This really is the best investment opportunity going at the moment as the apartments are not far from the university where all the students are looking for a place to live. It practically guarantees itself to be rented out all year every year. Early interest is highly advised. Reference No: HP2270
Resale & Rental Potential.
At the moment the 2+1 apartments are renting out for £2000 GBP per year and the 3+1 for £3000 GBP per year. This brings it to a total of £31.000 GBP per year.
Local Amenities and Attractions, Travelling Times.
• Nearest large supermarket - 1 minute walk
• Chemist & Clinic - 5 minute drive
• Iskele – 15 minutes
• Beach area – 5 minutes’ drive
• Salamis Ruins and St Barnabas abbey – 10 minutes
• Famagusta city – 0 minutes
• Karpaz gate marina – 75 minutes
• Karpaz peninsular – 1 hr 20mins hour drive
• Ercan airport – 40 minutes
• Larnaca airport – 1 hr drive