3 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 52276

rime Investment Opportunity – Ideal for Student Accommodation

Available for sale is a 108 sq.m. ground-floor apartment in Nicosia, exceptionally positioned for investors seeking a property with strong potential in the student and university accommodation market.

Located right on the doorstep of the academic community, approximately 50 metres from Philips College and just 100 metres from Terra Santa College, the property benefits from a highly convenient location with excellent potential for student rental accommodation.

The apartment currently comprises 3 bedrooms, 2 bathrooms, a separate kitchen and a spacious living area. Requiring renovation, it presents an excellent value-add investment opportunity, allowing a new owner to redesign and refurbish the property specifically for the student rental market or create modern, high-quality accommodation.

Additional features include central oil heating, air conditioning and a private covered parking space.

With educational institutions within immediate walking distance, this property combines location, rental potential and redevelopment opportunity, making it particularly attractive for investors looking to establish university accommodation and generate long-term rental income.

Key Investment Highlights:
-108 sq.m. ground-floor apartment
-3 bedrooms and 2 bathrooms
-Approx. 50m from Philips College
-Approx. 100m from Terra Santa College
-Excellent potential for student/university accommodation
-Renovation and value-add opportunity
-Central heating and air conditioning
-Private covered parking
-Strong potential for long-term rental investment

An opportunity to acquire and reposition a well-located property specifically for the growing student accommodation market in Nicosia.