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Property description
Positioned in one of the most privileged and high-demand residential areas of Aglantzia, this substantial property presents a rare investment opportunity in close proximity to the University of Cyprus, the Cyprus Broadcasting Corporation (RIK), and the scenic Athalassa National Forest Park.The asset comprises a total built area of 650 sq.m. and is configured as a small residential block, offering multiple independent living units. Specifically, the property includes two main residences—one on the ground floor and one on the first floor—providing generous internal spaces suitable for family living or rental use.
In addition, there is a separate supporting ground-floor unit of 60 sq.m., ideal for auxiliary accommodation, guest use, or service staff, as well as an attic space of 52 sq.m., which can be further utilized or converted depending on the buyer’s vision.
The property is particularly well-suited for investors, with strong potential for conversion into student accommodation given its strategic location near the university.
Alternatively, it offers the flexibility to be reconfigured into a single, expansive private residence.
While the building is structurally in good condition, it would benefit from renovation and modernization, allowing the new owner to unlock its full potential and significantly enhance its value.
A versatile and high-potential property in a prime location—ideal for both income-generating investment and bespoke residential development.
Floor: Ground Floor
While the building is structurally in good condition, it would benefit from renovation and modernization, allowing the new owner to unlock its full potential and significantly enhance its value.
A versatile and high-potential property in a prime location—ideal for both income-generating investment and bespoke residential development.
Floor: Ground Floor
Red Panda Properties