Luxury Building block of apartments 150m from the sandy beach very close to the city centre
Archived / EUR 3.500.000 (VAT not included)
357 70007700
or
The following project is in an area of Limassol which is very advantageous because of its proximity to the city centre as well as being only 150m from the beach.
It consists of:
First Floor - Total of 2 flats:
2 bedroom flat with 90m2 covered area 24m2 covered veranda.
There is a storage room of 4m2 on the ground floor allocated covered parking.
3 bedroom flat with 118m2 covered area 28m2 covered veranda.
There is a storage room of 5m2 on the ground floor allocated covered parking.
2nd Floor - Total of 2 flats:
2 bedroom flat with 90m2 covered area 26m2 covered veranda.
There is a storage room of 5m2 on the ground floor allocated covered parking.
3 bedroom flat with 118m2 covered area 28m2 covered veranda.
There is a storage room of 4m2 on the ground floor allocated covered parking.
3rd Floor - Total of 2 flats:
2 bedroom flat with 90m2 covered area 18m2 covered veranda.
There is a storage room of 5m2 on the ground floor allocated covered parking.
3 bedroom flat with 118m2 covered area 28m2 covered veranda.
There is a storage room of 5m2 on the ground floor allocated covered parking.
4th Floor - Penthouse:
3 bedroom Penthouse with 133m2 covered area 46m2 covered veranda and an additional 80m2 Roof Garden
There is a storage room of 9m2 on the ground floor allocated covered parking.
Totals:
There is a total of 7 flats.
Projected rental income from project:
3 x 1,200 for the 2 bedroom, total 3,600 per month
3 x 1,500 for the 3 bedroom, total 4,500 per month
Penthouse 3,000 per month
Total per month 11,100
Per year 133,200
Gross Rental yield is 3.1% based on 3,500,000 VAT