The property is a Residential off-plan building with 32 serviced apartments, 24 one bedroom, 6 studio and 2 two bedroom. The building has the prospective and potential to operate as a hotel on daily-base rates starting from €80-€150 per day, per flat. The asset is spread on a plot of 1.126 sqm with 36 parking spaces. Currently, Nicosia has high demand for short term to long term professional rentals. Granted building permissions and title deeds available. The asset can also be sold as a project for €2.100.000.