Investment project in Famagusta

900,000 €

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Key project parameters

Project description

Incomplete residential development in Frenaros, FamagustaThe property concerns a share (75%) of two adjacent fields in Frenaros. The fields have a total land area of 8,085 m² They are located 630m from Frenaros’ center and 170m from Frenaros — Deryneia connecting road. The share refers to 18 houses: 3 houses that are fully completed, 8 incomplete houses (different stages of completion) and 7 houses for which the construction has not yet started. There is a distribution agreement in place. Energy Performance Certificate for house: Energy Class EEnergy Performance Certificate for house: Energy Class F

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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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

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