Modern building with guaranteed income, historical center, Limassol
€1,700,000+
284 m²
Cost
Property cost
€1,700,000+
Purchase taxes
0% VAT
State fees
0,2%
Registration cost
1%
Distances
Yield and management
Yield
8.2%
Property management
Yes
Description
This object is located in a popular historical center of Limassol. Nearby are the Molos promenade (200 m.) and the marina (2 km.), all modern amenities (inc. the Olympion beach - 200 m.). There is good transport accessibility, you can quickly get to the main highways (500 m.).
A modern residential building with apartments with panoramic views of the sea, landscaped garden and cityscape is offered for sale. It consists of 9 studio apartments (1 bedroom each) with a modern interior and premium finish. The annual rental yield is 8.2%. The building is leased under a 5-year lease agreement to a corporate tenant for 140 000€ per year. The building has energy efficiency class "A". Full furnishing is available upon request. There is parking on site. The building can also be resold (in full or in apartments separately).
Building specifications:
- private garden: 24 sq. m.
- total covered veranda: 72 sq. m.
- total internal area: 284 sq. m.
- land area: 431 sq. m.
- common areas: 51 sq. m.
Real estate
Object type
Object category
New
Object stage
Construction
Permits
Yes
Object completion date
on request
Design features
Ownership
Characteristics
Total area
284 m²
Plot area
431 m²
Number of storeys
3
Land area
Open
Bedrooms
9
Baths
9
Parking
Yes
Renovation
Standard
Furniture
Partially furnished
View
City, Garden, Road, Sea
