25.08.2022
Altamira Real Estate is back with a bang after the summer holidays with 70 exciting new properties in all provinces of Cyprus at particularly attractive prices.
Highlighting this week’s new posts is a wide selection of ready to rent apartments which, thanks to the high yields and high construction costs seen in recent times, are the most popular choice in the Cypriot property market. Also important is the fact that most of the apartments owned by Altamira Real Estate are not subject to VAT.
The opportunities we have identified on the company’s website are located in very popular areas of the island such as Aglancia, Engomi, Strovolos, Larnaca Center and Mazotos.
The opening of bids is scheduled for next Tuesday, 30 August, it is important to emphasize that bids are also accepted at prices below the indicated indicative prices, as there are no bidders higher.
In the province of Nicosia and specifically in Aglancia, we have identified two free apartments, which are located in close proximity to the University of Cyprus. The first apartment is 85 sq.m. with two bedrooms is located next to Alsus Academy and is sold at an estimated price of 140,000 euros.
The second one bedroom apartment of 48 sq.m is located on Haralambou Pettemeridis Street and close to Larnakos Avenue and is for sale at a price of 100,000 euros. The property has covered parking and a storage room and is suitable for living and/or renting out with good returns.
In the attractive area of Makedonitissa, Engomi municipality, we found a vacant three-bedroom apartment with an estimated price of 140,000 euros. The 114m 2 property is located in close proximity to the busy 28 October Avenue, the University of Nicosia and the European University, offering easy access to the center of the capital. Due to the proximity to universities and the increased demand for rental apartments in the area, real estate can be a profitable investment that brings a high monthly income to its potential owner.
In a quiet residential area of Kaymakli, we have allocated for sale an empty three-room penthouse apartment at a price of €160,000. It has a large open terrace (141 sq.m.) overlooking the city center, has an area of 93 sq.m. and has a separate title deed. This is a suitable opportunity for investment through rental as well as for own living.
In the Acropolis area of Strovolos municipality, close to the Makarios hospital and the busy Ifigenias Avenue, an empty three-room apartment is for sale at a price of 135,000 euros. This is an area with ever-increasing demand due to its location and geographic location. It has an indoor area of 119 sq.m. and verandas of 16 sq.m. , has a covered parking space and an independent title deed, suitable for both ownership and rental with very good returns.
Also, not far from Strovolos Town Hall and Eleonon Avenue, we spotted a vacant three-bedroom ground floor apartment priced at 185,000 euros. It is a highly mobile area, characterized by both commercial and residential character. The apartment consists of one room with living room, dining room and living room, kitchen, three bedrooms, bathroom and terrace. There is a grill outside and exclusive use of the yard. It has an area of 162 sq.m. and is a suitable investment both for renting out and for own living.
We have found a great investment opportunity with seven available apartments in the Mazotos community in Larnaca province. The property, which is for sale with a total price of 525,000 euros, is part of a residential complex, located in close proximity to the social center and beautiful beaches, offering excellent access to the airport, highway and tourist area of Pervolion. The apartments have one and two bedrooms, are in excellent condition and have access to a communal pool. They are suitable for owning and/or renting with good returns.
In the center of Larnaca, namely in the popular location of the parish of Agios Nikolaos, we have identified two vacant apartments with an estimated price of €210,000. Adjacent to April 1st Avenue, they have two and three bedrooms respectively and have a closed area of 73 sq.m. and 94 sq.m. respectively. They are ideal for both own use and rental. Near the K-Cineplex roundabout and the Metropolis Mall, Larnaca also stands out with a three-room apartment priced at 130,000 euros. It has an indoor area of 99 sq.m. and three covered terraces of 20 sq.m., while it has a separate title deed. It is ideal for both renting and owning.
In the parish of Sotiros, not far from Stratigou Timaya Avenue, an empty three-room apartment is for sale at a price of €135,000. It has a closed area of about 118 sq.m. and covered terraces of about 9 sqm and there is covered parking in the basement. Suitable for both ownership and rental.
In addition, next to the Kiti Megapolis, a three-room apartment stands out at a price of €100,000. It has a closed area of 97 sq.m. and covered terraces of 14 sq.m., while being suitable for owning and/or renting.
