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Development of the house with 6 flats in Limassol

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Object №35694
City: Limassol
Area: Agia Fyla
Living space: 450 m²
Total area: 521 m²
Storeys: 3
Windows: Sea and mountains view

Additionally:

Pool: Yes
Payback: 1 year
IRR: 28%
ROI: 25%
Implementation: 12 month
€ 905 000
PDF  
info@dom.com.cy
+357 25 212 212

Description:

We offer you to consider an investment project for the construction of a residential building for 6 apartments in Limassol-Agia Fila district, 4 km from the sea in the most popular quiet area of Limassol, the city center is a 10-minute drive away.

You enter the project as an investor. At the moment, the cost of the turnkey project is approximately 905,000 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.

According to this project-the architectural plan has already been agreed and a construction permit has been obtained, we can start construction and start selling apartments.

Investment project

The land plot for residential development Ka5, with an area of 521 m2, has a building coefficient of 100%, a coverage of 50%, a height of 3 floors (height no more than 13.5 m).

On this site, the total area of the building is allowed to be 521m2 ,of which 28m2 of MOS (common areas), of which 450 m2 is the selling area of future apartments and 43m2 of verandas.

The project provides for the construction of three two-room apartments and three one-room apartments. Upper apartments with access to the exploited roof with its own garden and grill area.

A construction permit has been obtained - you can go to the construction site and start selling apartments immediately!

The profitability of the project :

Revenue: 493 m2 x 2,500 euros = 1,232,000 euros.

Cost price: 905,000 euros.

Taxable amount: 327,000 euros.

Profit after tax: 286,000 euros.

The construction period is 12 months.

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-Agia Fila district, 4 km from the sea in the most popular quiet area of Limassol, the city center is a 10-minute drive away.

You enter the project as an investor. At the moment, the cost of the turnkey project is approximately 905,000 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.

According to this project-the architectural plan has already been agreed and a construction permit has been obtained, we can start construction and start selling apartments.

Investment project

The land plot for residential development Ka5, with an area of 521 m2, has a building coefficient of 100%, a coverage of 50%, a height of 3 floors (height no more than 13.5 m).

On this site, the total area of the building is allowed to be 521m2 ,of which 28m2 of MOS (common areas), of which 450 m2 is the selling area of future apartments and 43m2 of verandas.

The project provides for the construction of three two-room apartments and three one-room apartments. Upper apartments with access to the exploited roof with its own garden and grill area.

A construction permit has been obtained - you can go to the construction site and start selling apartments immediately!

The profitability of the project :

Revenue: 493 m2 x 2,500 euros = 1,232,000 euros.

Cost price: 905,000 euros.

Taxable amount: 327,000 euros.

Profit after tax: 286,000 euros.

The construction period is 12 months.

All detailed calculations and conditions for joint cooperation are available on request.

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More info:
Rostislav Bondar
Location:
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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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