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1012 We offer you to consider an investment project for the construction of a residential building for 6 apartments in Limassol-Germasoyia district, 4 km from the sea in the city center, within walking distance to the main street, banks, shops, schools and other infrastructure.
You enter the project as an investor. At the moment, the cost of the turnkey project is approximately 990,000 thousand euros.
We enter into the project with its full turnkey implementation, which includes all legal formalities, approval of the architectural plan, obtaining a construction permit, selection of a contractor on a tender basis, technical supervision of all construction works on our part and the implementation of all apartments in the complex by our forces and the involvement of third-party agents.
Investment project
The land plot for residential development Ka5, with an area of 532 m2, has a building coefficient of 80%, a coverage of 45%, a height of 2 floors (height no more than 10 m).
On this plot, the total area of the building is allowed to be 558m2 , of which 460 m2 is the selling area of future apartments.
The construction involves a house for 6 apartments – 3 two-room apartments of 90 m2; 3 one-room apartments of 60 m2.
A more detailed and detailed division into apartments and their layout will be calculated by our architect when we start working.
It is possible to increase the number of floors of the building by purchasing additional meters from the state.
The profitability of the project :
Revenue: 460 m2 x 3,200 euros = 1,472,000 euros.
Cost price: 990,000 euros.
Taxable amount: 482,000 euros.
Profit after tax: 422,000 euros.
The duration of the project:
2-3 months - development of the architectural plan and its submission for approval.
6-8 months-approval of the working project and obtaining a construction permit
12 months-construction work
Total: the project implementation period is 20 months.
It is important that the sale of apartments will begin immediately after obtaining a building permit.
In our practice, the project is most often sold out at the start of construction.
All detailed calculations and conditions for joint cooperation are available on request.
We offer you to consider an investment project for the construction of a residential building for 6 apartments in Limassol-Germasoyia district, 4 km from the sea in the city center, within walking distance to the main street, banks, shops, schools and other infrastructure.
You enter the project as an investor. At the moment, the cost of the turnkey project is approximately 990,000 thousand euros.
We enter into the project with its full turnkey implementation, which includes all legal formalities, approval of the architectural plan, obtaining a construction permit, selection of a contractor on a tender basis, technical supervision of all construction works on our part and the implementation of all apartments in the complex by our forces and the involvement of third-party agents.
Investment project
The land plot for residential development Ka5, with an area of 532 m2, has a building coefficient of 80%, a coverage of 45%, a height of 2 floors (height no more than 10 m).
On this plot, the total area of the building is allowed to be 558m2 , of which 460 m2 is the selling area of future apartments.
The construction involves a house for 6 apartments – 3 two-room apartments of 90 m2; 3 one-room apartments of 60 m2.
A more detailed and detailed division into apartments and their layout will be calculated by our architect when we start working.
It is possible to increase the number of floors of the building by purchasing additional meters from the state.
The profitability of the project :
Revenue: 460 m2 x 3,200 euros = 1,472,000 euros.
Cost price: 990,000 euros.
Taxable amount: 482,000 euros.
Profit after tax: 422,000 euros.
The duration of the project:
2-3 months - development of the architectural plan and its submission for approval.
6-8 months-approval of the working project and obtaining a construction permit
12 months-construction work
Total: the project implementation period is 20 months.
It is important that the sale of apartments will begin immediately after obtaining a building permit.
In our practice, the project is most often sold out at the start of construction.
All detailed calculations and conditions for joint cooperation are available on request.
