Investment land in Kato Polemidia

2,500,000 €

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Key project parameters

Project description

There are three adjacent plots of total area 3000 square meters for sale situated in prime location very close to the new Limassol General Hospital. They are suitable for the construction of Hospital/ Medical Center with title deeds and preliminary approval for Medical Center from the Government Planning Department. The building coefficient of the land is 80%, BUT CLINIC/HOSPITAL/MEDICAL CENTRE CAN GET AN EXTRA 20%, according to the latest approved decisions by the government. Therefore, Hospitals/ Medical Centers of total area 3000 sq. m. can be erected on these plots. Also, it is suitable for offices, can build 2400 sq. m. These plots have all the services, road, water, electricity and have title deeds.

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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