№ 2,439,884

Investment (Residential) in Molos Area, Limassol for Sale

3,500,000 €
10,294 € /m²
  • Apartments
  • Yield
  • Constructed  2024
  • Price per key
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    Key project parameters
    Total area
    340 m²
    Land area
    478 m²
    Number of parking lots
    1
    Floors
    1
    Constructed 
    2024
    Project description

    This project is a preserved building. It consists of 10 studio rooms, with all hotel facilities. Also, it includes reception, bar and a beautiful large garden. The project is very well studied and there are various of ideas for good development. Plot area: 478 m² Covered area 340 m² (257 m² consist of the preserved building and the other 86 m² consists area of a new building) It has zero (0%) taxation and every 10 years an application for government sponsorship can be made for renovations up to € 100.000. 90m from the sea, and near molos area. The building is in a very good condition. It has a permission to start construction works immediately and will be delivered in less than 12 months. Price: € 2.9 million as offices and € 3.5m as a Hotel Boutique studio apartments

    Extra information
  • Garden

    Garden

  • Tenants
    Agreement
    n/a
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    annual yield
    From 10%
    exit period
    3 years
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      Anna Vorobyeva,
      Head of Commercial Property Department
      Mikhail Reyderman
      Mikhail Reyderman
      Commercial Real Estate Expert

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