Apartment building 670 m² in Germasogeia

1,150,000 €

1,716 € /m²

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Constructed 2005
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Key project parameters

Total area: 670 m²
Land area: 439 m²
Constructed: 2005

Project description

Beautiful Building in Great Condition, Located on a well-known Commercial Street, in Yermasoyia Tourist area! The Building can be sold as a Whole or Half. The Building is fully separated in 2 parts: one the Right and one on the Left (Each Part has exactly the same sq. meters and is completely independent, with separate entrances) Whole Building: 670 m² (435 m² covered area + 235 basement) -> PRICE: € 2,3mil. Half Building: 335 m² (217,5 m² covered area + 117,5 basement) -> PRICE: € 1,15mil. Building is Currently Fully Rented to different Comapnies. Yield on asking price is: 4,85%

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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