One bedroom apartment located in Panagia,Nicosia

The property under concideration is an apartment with door no. 102 on the 1st floor of a residential building located in Pallouriotissa,Nicosia. The apartment is comprised of an open plan entrance/sitting/dining/kitchen area, one bedroom, a toilet/bathroom and covered terraces. The apartment has the exclusive right of use of a covered parking and a storage room on the ground floor. The asset is currently rented until 3/1/2025 producing 4.7% ROI. The asset is located approximately 320m northwest of Pallouriotissa churc, approximately 1km from Nicosia city centre, approximately 2km from B1 motorway. The property falls within Zone Κα3, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.