05.05.2022
After huge interest in the Altamira Real Estate package of 120 new properties and a very large number of proposals submitted, the company is back again this week with 80 new proposals for properties of all types.
This Tuesday, the company’s website features attractive apartments, residential lots, land, commercial buildings, warehouses and shops. Unique opportunities in all provinces of Cyprus, ideal for all interested, from individuals, potential investors and land development companies to developers, entrepreneurs and farmers.
Like every week, the opening is scheduled for the following Tuesday, and bids below the indicated indicative prices are also accepted.
Houses, apartments and commercial real estate for high-yield investments
Among the new properties available at Altamira Real Estate, we have identified two ready-to-let and vacant apartments in the center of Nicosia, which are ideal for both own living and high-yield investment/rental.
In particular, in Kaymakli, an impressive three-bedroom penthouse is of interest, which is for sale at an estimated price of 160,000 euros. It is located close to the Bata roundabout and Kantaras Avenue and has a closed area of 93 sq.m. and open terraces of 141 sq.m. The spacious apartment consists of a living room with a dining area, a kitchen, a bathroom and a large terrace overlooking the city center, and also has a covered parking space.
In one of the most popular areas of the capital, in the parish of the Holy Confessors and just a few meters from John F. Kennedy Avenue, we noticed a two-room apartment for €70,000. Makariu Avenue. The property has an area of 58 sq.m. and is a unique investment opportunity as it is rented for 425 euros per month with a yield of 7.3%.
A three-room apartment also stands out in the province of Larnaca, namely in the Aletrikos area. The property is available at a price of 95,000 euros, is located just a few meters from the motorway, has a warehouse and covered parking.
At an estimated price of 1,200,000 euros, a commercial property with two independent buildings is for sale in the municipality of Agios Athanasios, at the intersection of Anoikodomiseos and Faust streets. One building with an area of 496 sq.m., corner, consists of a basement floor with a large store and an empty floor. It is rented by a banking institution in the amount of 3,348 euros per month. The second building is located on the ground floor, consists of a warehouse, with an area of 110 sq.m. and is rented out for €900/month. Real estate has the prospect of generating income that can even exceed 6%.
Plots ideal for building a residence or apartment building
Plots in the provinces of Nicosia and Limassol, which are considered ideal for the construction of a residence and/or apartment building, are also of particular interest.
In Nicosia, we have identified six residential lots in the Sia community that are available at a bargain price of just €33,000 each. The property is located in a beautiful natural area and has excellent access to the surrounding areas and the motorway. Additionally, a land plot of 453 sq.m. was allocated in Latsia, near the Alfamega supermarket. The property is for sale at a price of 130,000 euros, it is located in a dead end and has a facade of about 30 meters. It has a high construction coefficient (100%), which makes it ideal for building a three-story house.
In an attractive location in Archangelos, close to the Makarios Stadium, we have chosen a plot of land of 559 sqm with an estimated price of 180,000 euros. It is an area with a strong residential character and a large number of houses and apartments. The plot has a front side of about 18 meters, is adjacent to a pedestrian street, which makes it privileged and has a build-up ratio of 90%, which allows you to build a two-storey house.
In Mesa Githonia municipality of Limassol district, close to the busy Spyros Kyprianou Avenue, a residential plot is available at a price of €150,000. It has an area of 297 sq.m., is adjacent to a public road and is an ideal choice for building a three-storey house or an independent residence.
Shops, orchards, warehouses and land suitable for subdivision
Among the huge number of options, our interest was also attracted by five residential plots of land, which are located in the areas of Lakatamia and Pera Chorio in the province of Nicosia, Pyla and Pervolion. in the province of Larnaca and Ypsona in the province of Limassol. The property is sold at prices ranging from €215,000 to €1,400,000, has a large area and is suitable for both division of plots and the construction of a residential complex.
At the same time, in one of the most popular tourist areas of Paphos, on Tafoy ton Vasileio Avenue and next to the Leonardo Laura Beach Hotel and St. George, a shop, 96 sq.m. title deed, the store has a yard. It is ideal for owning and/or renting with good returns.
In Atienou we have identified a residential plot of 8,287 sq.m, which has four warehouses and is for sale at a price of €575,000, and in the community of Mesa Chorio, Paphos district, we have identified an orchard of 14,000 sq.m. with great views over a wider area. It consists of 10 adjacent agricultural fields with trees and is sold at a price of 160,000 euros.
