- Limassol (city) Investment land 7,800,000 €
- Basic parameters
- Photo
№ 2,436,738
(Residential) in Katholiki, Limassol for Sale
7,800,000 €
- Total area —
- Yield —
- Lease term —
- Constructed —
Key project parameters
Project description
Two adjoining plots in Katholiki area, in the center of Limassol district. The plots have a total area of 1739 m² and already have a building permit for a 6-floor building with 2 underground parking floors, a pool on the rooftop, and 70 residential flats. The property offers close proximity to all amenities and easy access to the Limassol city center, as well as very close proximity to the beach and the historic area of Limassol. The area is the perfect area for Student Accommodation, close to universities and with high rental potential. The plot falls within Residential Zone, with the below characteristics: Planning zone: Πα4 Building Coefficient: 240% Coverage Coefficient: 7% Maximum Floors Allowed: 4 Maximum Building Height: 17 m
Tenants
- Agreement
- n/a
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- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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