DOM Invest

Development of the house with 8 flats in Limassol / Parekklisia №29682

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Property image 2
SOLD

Additional:

Elevator
Parking
Pool

Description:

The project provides for the construction of an apartment building with 8 apartments in Paraclishe! The plot is a 15-minute drive from Limassol, a booming area with a need for multi-apartment development. The house consists of 8 apartments on two floors with an area of: One-room - 51m2 +16m2 (balcony-terrace) Two-room apartment-80m2 + 16m2 (balcony-terrace) Three-room apartment-110m2 +16m2 (balcony-terrace) One-room - 57m2 + 16m2 (balcony-terrace) on each floor. The land is situated in a picturesque place of the district Paraklisha with sea views. To the sea with beaches, restaurants and hotels 9 km, to the city center on the Expressway 24 km, 60 km to the airport of Larnaca, schools, market, banks, shops are not further than 2 km from the house. The net return of the project on the invested funds is 30% over two years, provided that the investor fully invests the project on a turnkey basis. Provided that we sell apartments under construction-the profitability will increase!

Object

№29682

City:

District:

Total area:

996 m²

Living area:

868 m²

Land area:

3,500 m²

Floors:

3

Construction year:

2022

Distance to sea:

8000 m

Payback:

2

IRR:

34%

Implementation:

22

ROI:

30%

€1,700,000
DOM Real Estate

DOM Real Estate

+35725056187