Investment project 775 m² in Larnaca

550,000 €

709 € /m²

Total area 775 m²
Yield —
Lease term —
Constructed 1985

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Key project parameters

Total area: 775 m²
Floors: 2
Constructed: 1985

Project description

A mixed-use two storey building in Larnaca city center. It comprises storage space on the ground floor and two apartments on the first floor. The storage space and the apartments have a covered area of 736 m² and 39 m² covered verandas. Each apartment consists of a hall area, living room, kitchen, guest toilet, bathroom and three bedrooms. Out of the two apartments, one has a barbeque area on the covered veranda. The apartments on the 1st floor are occupied. The ground floor is vacant. Energy Performance Classifications for the Shop: Energy Class C Energy Performance Classifications for the Apartments: Energy Class E

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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