Two-bedroom apartment in Panagia, Nicosia – id S448

An excellent investment opportunity either for rental returns or private residence, in a two bedroom apartment situated on the 1st floor of a 3 storey building, located in Panagia, Nicosia, andlt;br /andgt; The apartment consists of a living-dining-kitchen in an open plan area, guests’ toilet, family bathroom and two bedrooms.andlt;br /andgt; Furthermore the apartment has exclusive right of use of a storage room (no. 3), and a covered parking space (no. 17) on the ground floor.andlt;br /andgt; andlt;br /andgt; The asset is located within close distance to universities, along 11 Ipeirou street, and it is about 1.5km west of the town centre, about 300m northeast of Larnakos Avenue, about 270m north of Satiriko theater. The wider area of the property is mostly characterized as residential.andlt;br /andgt; andlt;br /andgt; There is a separate title deed for this property.andlt;br /andgt; andlt;br /andgt; The property falls within Zone Κα3, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.