DOM Invest

High-Yield Residential Investment Portfolio in Limassol / Germasogeia №230478

High-Yield Residential Investment Portfolio in Limassol / Germasogeia
High-Yield Residential Investment Portfolio in Limassol / Germasogeia
High-Yield Residential Investment Portfolio in Limassol / Germasogeia

Additional:

Parking
Furniture
Air conditioning
Appliances
Storage room

Description:

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.

Object

№230478

Type:

Apartment

City:

District:

Living area:

420 m²

Distance to sea:

500 m

Energy class:

A

Payback:

12

ROI:

8%

€1,400,000

€3,333 / m²

DOM Real Estate

DOM Real Estate

+35725654274