€160,000
2 Bedroom Apartment , Strovolos, Nicosia
Condition
Resale
Energy
NA
Year built
2006
Floor
3rd floor
Features
- Elevator
- Parking
Property description
Location • Situated in the highly sought-after Agios Vasilios quarter of Strovolos, offering a vibrant and convenient residential atmosphere for families and professionals alike. • The property enjoys a prime position near the commercial hub of Stavrou Avenue, placing a wide array of shops, cafes, and restaurants within easy reach. • Residents benefit from proximity to essential services and amenities, including reputable schools, major supermarkets, and various local businesses for everyday needs. • Excellent accessibility is a key feature, with straightforward connections to Nicosia's city centre and the main highway network, facilitating effortless travel across the island. • This attractive neighbourhood provides an ideal balance of quiet residential living and dynamic urban convenience, catering to a modern and active lifestyle. External Features • Positioned on the top floor of a well-maintained three-storey residential building, ensuring a sense of exclusivity and commanding pleasant city views from its elevated vantage. • The apartment includes a generous covered veranda spanning seventeen square meters, providing a superb outdoor space for alfresco dining or private relaxation throughout the year. • A dedicated covered parking space is allocated to the residence, offering secure and protected vehicle storage away from the elements. • The building is serviced by a modern elevator, ensuring comfortable and convenient access to the apartment for all residents and their guests. • Constructed in 2006, the building presents a contemporary architectural profile that remains appealing within the established residential landscape of the area. Internal Characteristics • The apartment's seventy-seven square meter layout features a welcoming open-plan design that seamlessly combines the living, dining, and kitchen areas into a cohesive space. • Two well-proportioned bedrooms provide comfortable private quarters, including a master bedroom that benefits from its own exclusive en-suite shower facilities for added convenience. • A full family bathroom services the second bedroom and guests, ensuring the home's layout is both practical and functional for daily living. • The top-floor position, combined with access to the veranda, allows for an abundance of natural light to fill the interior, creating a bright and airy ambiance. • The residence is equipped with solar panels for water heating, contributing to reduced utility costs and promoting a more energy-efficient household. Advantages - Special Features • A separate title deed is available for the property, providing a secure and straightforward ownership transfer process for the new buyer. • This apartment represents an exceptional investment opportunity, located in an area with consistently high rental demand, promising a favourable potential yield for investors. • The top-floor location affords superior privacy and quietness, being free from overhead neighbours, making it a peaceful retreat from the city's bustle. • As a vacant and unfurnished property, it offers a blank canvas for new owners to personalize the space according to their own distinct taste and lifestyle requirements. • Perfectly suited for private ownership as a permanent residence for a small family or couple, or as an easily manageable investment property in a prime Nicosia location.
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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Beta — mortgage estimates only
Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.
Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.
First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.
Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.
Use only if the planning-permit and declaration deadlines apply.
- Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
- Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
- No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
- Mortgage registration is estimated at 1% of the mortgage amount.
- Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
- ID/passport, proof of address, tax details, and source-of-funds evidence.
- Recent payslips, employment contract, accounts for self-employed buyers, and bank statements.
- Sales agreement, valuation, title deed or planning documents, insurance, and deposit proof.
- Ask the bank which first-home products and documents apply.
Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.