High-Yield Residential Investment Portfolio in Limassol Project №230478
We are pleased to present an exceptional opportunity to acquire a fully renovated residential investment portfolio in the highly sought-after Germasogeia Tourist Area, just a 4-minute walk from the beach.
The property has been professionally redeveloped from a larger residential building into four independent apartments, creating a turnkey income-producing asset with excellent long-term value. The subdivision process is already underway, with the applications for separate Title Deeds submitted. The seller will remain responsible for all associated costs and obligations until the separation process is completed.
The property consists of:
2 × Two-Bedroom Apartments – approximately 75 sqm each, each benefiting from 150 sqm private gardens and 2 private parking spaces.
2 × One-Bedroom Apartments – approximately 50 sqm each, each with a 30 sqm private garden and 1 private parking space.
Basement Level – approximately 167 sqm, together with 2 additional parking spaces.
The entire property has recently undergone a comprehensive renovation, including:
New electrical installation
New plumbing throughout
Brand-new furniture
New household appliances
Fully equipped and ready for immediate operation
The development also benefits from approximately 500 sqm of landscaped garden areas, creating an attractive living environment for tenants.
All four apartments are currently rented, generating approximately €9,400 per month, or over €113,000 in annual rental income, providing an annual return exceeding 8%.
For further information or to arrange a viewing, please feel free to contact us.
