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Reconstruction of a building for 4 apartments with a shop and a basement in Limassol

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Object №35998
City: Limassol
Area: Katholiki
Living space: 410 m²
Total area: 942 m²
Storeys: 3
Windows: Mountains view

Additionally:

Parking: Yes
Payback: 12 years
IRR: 8%
ROI: 8%
Implementation: 12 months
€ 900 000
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info@dom.com.cy
+357 25 212 212

Description:

Sale multifunctional building in the Roman Catholics, Limassol.

The property consists of a basement floor, a ground floor with a mezzanine and two upper residential floors with four apartments.

The first floor has an area of 205 m2 and a mezzanine of 105 m2, with a total area of 310m2. The entire first floor is currently rented out as a pharmacy.

The second and third floors consist of 2 two-bedroom apartments on each floor, with a total area of 410 m2.

Two apartments of 94 m2 each, consisting of two bedrooms, a living room, a kitchen, a bathroom and a covered veranda.

Two apartments with an area of 110 m2. each consists of two bedrooms, a living room, a kitchen, a bathroom and two covered verandas.

The basement has an area of 224 m2.

The cost of the building at the moment is 900,000 euros, as it is.

The price of the building with the reconstruction of the facades and internal repairs will cost about 1,150,000 euros.

The estimated rental income of the entire building after renovation is 93,000 euros per annum.

Our company is ready to conduct a transaction for the purchase of the building, to perform the repair of the object by our contractor and to lease all the premises.

Detailed estimates and calculations on request.

Sale multifunctional building in the Roman Catholics, Limassol.

The property consists of a basement floor, a ground floor with a mezzanine and two upper residential floors with four apartments.

The first floor has an area of 205 m2 and a mezzanine of 105 m2, with a total area of 310m2. The entire first floor is currently rented out as a pharmacy.

The second and third floors consist of 2 two-bedroom apartments on each floor, with a total area of 410 m2.

Two apartments of 94 m2 each, consisting of two bedrooms, a living room, a kitchen, a bathroom and a covered veranda.

Two apartments with an area of 110 m2. each consists of two bedrooms, a living room, a kitchen, a bathroom and two covered verandas.

The basement has an area of 224 m2.

The cost of the building at the moment is 900,000 euros, as it is.

The price of the building with the reconstruction of the facades and internal repairs will cost about 1,150,000 euros.

The estimated rental income of the entire building after renovation is 93,000 euros per annum.

Our company is ready to conduct a transaction for the purchase of the building, to perform the repair of the object by our contractor and to lease all the premises.

Detailed estimates and calculations 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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