DOM.COM.CY Investments

Building for reconstruction with high rental income in Limassol / Historical Center №107320

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SOLD
2
Hot investment opportunity!

Additional:

Toilet
Household appliances
Титул
Kitchen
Heating
Furniture
Equipment

Description:

An investment project for the acquisition of a building in the very center of Limassol with its subsequent reconstruction. A unique opportunity to generate rental income for yourself with minimal investment. After buying out the building and carrying out reconstruction and redevelopment in it, you will receive 6 small studios for rent. At the moment, the building is located on a plot of 105 m2 and consists of a store with a mezzanine on the ground floor and a one-bedroom apartment on the second floor, the total area of the building is 160m2. The building is located in the very center of Limassol and the minimum rental of such a studio is from 1000 euros per month. It needs renovation, but has a great rental potential. The building is located near TEPAK and the sea, next to Columbia plaza.

Object

№107320

Type:

Commercial

City:

District:

Complex:

Developer:
Total area:

160 m²

Land area:

105 m²

Floors:

2

Distance to sea:

200 м

IRR:

8.1%

Implementation:

12

ROI:

7.4%

€385,000

€2,406 / m²

DOM Real Estate

DOM Real Estate

+35725654274

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