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Development of the house with 18 studios in Limassol

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Object №36534
City: Limassol
Area: Agia Zoni
Living space: 732 m²
Total area: 963 m²
Storeys: 4
Windows: Sea and mountains view

Additionally:

Parking: Yes
Storeroom: Yes
Elevator: Yes
Restroom: Yes
Payback: 17 years
IRR: 5,7%
ROI: 5,7%
Implementation: 18 months
€ 1 100 000
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info@dom.com.cy
+357 25 212 212

Description:

Sold the project to 18 studios space 31-33 m2 in the center of Paphos in walking distance from the main street Anexartisias with all the shops, infrastructure, shopping at Columbia Plaza and promenade of Limassol, in a 2-minute walk away.

The very center of the city, an area with a very high demand from tenants.

The cost of the plot with the agreed project is 1,100,000 euros, it is possible to bargain.

This price includes only the plot and the project with a construction permit.

The construction itself will cost approximately 1,155,000 euros + 1,100,000 euros ( the plot with the project) = 2,255,000 euros total project cost.

When renting out studios for 600 euros per unit, the annual income will be 5.7%.

We will be happy to provide you with all additional calculations on request.

Sold the project to 18 studios space 31-33 m2 in the center of Paphos in walking distance from the main street Anexartisias with all the shops, infrastructure, shopping at Columbia Plaza and promenade of Limassol, in a 2-minute walk away.

The very center of the city, an area with a very high demand from tenants.

The cost of the plot with the agreed project is 1,100,000 euros, it is possible to bargain.

This price includes only the plot and the project with a construction permit.

The construction itself will cost approximately 1,155,000 euros + 1,100,000 euros ( the plot with the project) = 2,255,000 euros total project cost.

When renting out studios for 600 euros per unit, the annual income will be 5.7%.

We will be happy to provide you with all additional calculations on request.

Read more ...
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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