- 27,285,000 €
- 4.7% yield
- Limassol Investment projects 2,500,000 €
- Basic parameters
- Photo
№ 2,435,348
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Investment project 815 m² in Limassol
2,500,000 €
3,067 € /m²
- Total area 815 m²
- Yield —
- Lease term —
- Constructed 1990
Key project parameters
- Total area
- 815 m²
- Number of parking lots
- 10
- Constructed
- 1990
Project description
The building consists of ground floor plus two floors and basement. There is a possibility to build one more floor of 240 m² Commercial space at the ground floor plus 4 apartments (2 two bedrooms and 2 three bedrooms apartments) Size of 3 bedrooms: 140 sq. m. plus veranda 20 sq. m. Size of 2 bedrooms: 85 sq. m. plus veranda 20 sq. m. Plot 600 sq. m. Size of the Comercial space in the ground floor: 550 sq. m. split into two levels (ground and mezanin) plus covered veranda 100 sq. m. Commercial space was previously used as a coffee shop and bakery. It can also be transformed into a shop or office space. Mezanine level can be converted into apartments as it also has a separate entrance. 1 title deed Built in 1990 Can build 1 more floor (240 sqm) 10 covered parkings in the basement Apartments: Solar panels Electric heaters New windows Electrical appliances 2 apartments out of 4 are renovated. 3 apartments out of 4 are rented. Potential income: 3 bedrooms can be rented: 1500 € - 1800 € 2 bedrooms: 1300 € Coffee shop: 5000 €
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
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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