Building for reconstruction with high rental income in Limassol



Object №29164
City: Limassol
Area: Historical Center


Appliances: Yes
Furniture: Yes
Heating: Yes
Kitchen: Yes
Equipment: Yes
Restroom: Yes
IRR: 8,1%
ROI: 7,4%
Implementation: 12 months
€ 440 000
+357 25 212 212


Investment project for the acquisition of a building in the heart of Limassol with its subsequent reconstruction.

A unique opportunity to generate a rental income with minimal investment.

After purchasing the building and carrying out reconstruction and redevelopment in it, you will get 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 first floor and a one-bedroom apartment on the second floor, the total area of the building is 160m2.

Our specialists will coordinate the design project, redevelopment and repair in the shortest possible time. After the renovation, you will get 6 small studios with an area of 22 meters each for rent. The building is located in the heart of Limassol and the minimum rent for such a Studio is from 500 euros per month.

It needs renovation, but has a large rental potential.

The building is located near TEPAK and the sea, next to Columbia plaza.

The purchase price of the building is subject to discussion with the seller and can be significantly lowered by our valuation specialists, which will further increase its revenue attractiveness.

With our inherent professionalism, we will not only perform all the work on a turnkey basis, but also take this building into management for subsequent lease!

Read more ...
More info:
Rostislav Bondar
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Компания «Dom Real Estate» Контакты:
Адрес: Limassol, Cyprus,
Телефон:+357 25 212 212, Электронная почта: info@dom.com.cy
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