DOM.COM.CY Investments

Executive Residency development in Larnaca / Livadia Sea Side №36666

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SOLD

Description:

We invite you to become a co-investor in a project to build apartments under the world-famous brand of a Hotel Operator that manages more than 4,000 hotels and motels around the world. The residence is ideally located in front of Larnaca behind the port, harbour and blue flag beaches, in the city center close to all the necessary infrastructure. The project consists of equipped apartments on nine residential floors, together with a bar and restaurant on the ground floor, as well as a swimming pool and a rooftop bar, creating a perfect harmony between work and leisure in the center of Larnaca. All the attractions and the main tourist street are within walking distance or a short drive, and the new seaport is a ten-minute walk away. This apart-hotel provides timeless comfort, a warm welcome and a useful stay for leisure and business. At the moment, the owner has invested about 4,000,000 euros of his own funds in the project, purchased the land, received a construction permit and construction work is underway. There are already reserved apartments. We offer several or one investor to enter in the amount of 2,000,000 to 4,800,000 euros with a guaranteed net income after taxes of 50% on the invested funds. The project implementation period is less than 2 years. All additional calculations and economic indicators are available on request. We are ready to show and tell you everything in detail in Limassol or Larnaca directly on the site and in our office.

Object

№36666

City:

District:

Complex:

Developer:
Total area:

4,100 m²

Living area:

3,300 m²

Land area:

800 m²

Floors:

12

Construction year:

07/2022

Distance to sea:

50 м

Payback:

2

IRR:

63%

Implementation:

18

ROI:

50%

€4,800,000

€1,171 / m²

DOM Real Estate

DOM Real Estate

+357 25 056 187

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