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Land plot for commercial real estate development in Limassol

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Object №36445
City: Limassol
Area: Agios Ioannis
Living space: 1500 m²
Total area: 1500 m²
Storeys: 6

Additionally:

Payback: 12 years
IRR: 9,3%
ROI: 9,3%
Implementation: 28 months
€ 1 060 000
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info@dom.com.cy
+357 25 212 212

Description:

For sale two adjacent commercial plots in Agios Ioannis on one of the central streets of the city. On the plots there is an old commercial building under demolition.

In the immediate vicinity of the property are mainly commercial complexes with multi-storey buildings.

The property is located in the commercial planning zone Eß2 with a building density factor of 180%, a coverage factor of 50%, 6 floors and a maximum height of 24 meters. On this plot, it is possible to build a 1500 m2 commercial building for subsequent rental.

The estimated return will be 22,500 euros per month, with an annual return of 270,000 euros, which is 9.2% interest on investments.

The approximate cost of a turnkey project with the construction and purchase of a plot is 3,150,000 million euros.

For sale two adjacent commercial plots in Agios Ioannis on one of the central streets of the city. On the plots there is an old commercial building under demolition.

In the immediate vicinity of the property are mainly commercial complexes with multi-storey buildings.

The property is located in the commercial planning zone Eß2 with a building density factor of 180%, a coverage factor of 50%, 6 floors and a maximum height of 24 meters. On this plot, it is possible to build a 1500 m2 commercial building for subsequent rental.

The estimated return will be 22,500 euros per month, with an annual return of 270,000 euros, which is 9.2% interest on investments.

The approximate cost of a turnkey project with the construction and purchase of a plot is 3,150,000 million euros.

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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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