The project is to be constructed in a location 1000 meters from the University of Nicosia. The precise location has access to 1 road.  Considered as a privileged location close to a fast-developing University, where the investment performance yields a respectable amount.
Important characteristics:
•Located in Nicosia, Cyprus Capital City
•Walking distance – only 1000 meters from Nicosia University
•Currently with 11.500 students
Plot 2261m²
735m² Covered Building Area
85m² Communal area
650m² Internal area of flats
The project:
i)Will have 10 one Bedrooms flat from 40 - 50m2.
ii)Will have 6 studios from 35 m2.
iii)The verandas are an additional 25% m2 of the net area.
iv)Each apartment with 1 parking and 1 storage
TOTAL COST €1,950,000 + VAT
YEARLY INCOME
Flat No                                Monthly rent                  Months                 Total
10 one bedroom                 €560                              12                         €67,200.00
6 studios                             €450                              12                        €32,400.00
                                                                                       Total income €99,600.00    
Project performance approx. 5,1% without VAT as a cost.
The flats  will have furniture, electrical devices like (oven, eyes, extractor fan, fridge 1,40 height and A/C. The cost is included in the price.
Main Characteristics:
Architectural Planning with modern specifications, ideal design and functional internal spaces.
High technology Lift, noiseless with luxury stainless steel cabin from KONE Company.
Monitor System for entrance and exit control.
Aluminium Windows from ALUMIL, with double glass and high heat insulation rates.
Anti-earthquake building structure under law and regulation standards.
Excellent quality of building construction with high specification insulations.