Hide

Landplot with living development in Limassol

Options:

Object №36783
City: Limassol
Area: Neapolis
Living space: 800 m²
Total area: 960 m²
Storeys: 4
Windows: Sea and mountains view

Additionally:

Pool: Yes
Air conditioning: Yes
Parking: Yes
Storeroom: Yes
Elevator: Yes
Payback: 2 years
IRR: 68%
ROI: 55%
Implementation: 28 months
€ 850 000
PDF  
info@dom.com.cy
+357 25 212 212

Description:

Plot for sale in the heart of Limassol, Neapolis area.

Direct access to the street with shops, office centers and other infrastructure.

Within walking distance of the embankment and the entire infrastructure of new luxury homes.

Plot with an area of 520m2 with a building percentage of 140% for residential use :

On the plot, you can build a residential building with an approximate area of 950 m2 for the subsequent sale of apartments.

The cost of the land plot is 850 000 euros.

The cost of the project for the construction of a turnkey residential building will be 2,650,000 euros, including the cost of land.

The expected revenue from the sale of all apartments will be about 4 320 000 euros.

The expected net profit from the project after paying all taxes will be 1,460,000 euros, which is 55% of the profit on the invested funds!

The project implementation period is about 2.5 years, including the development of an architectural plan, its approval, obtaining a construction permit and directly for construction work.

You can sell apartments immediately after obtaining a construction permit, which will significantly reduce the total amount of investment.

All detailed calculations on request.

Plot for sale in the heart of Limassol, Neapolis area.

Direct access to the street with shops, office centers and other infrastructure.

Within walking distance of the embankment and the entire infrastructure of new luxury homes.

Plot with an area of 520m2 with a building percentage of 140% for residential use :

On the plot, you can build a residential building with an approximate area of 950 m2 for the subsequent sale of apartments.

The cost of the land plot is 850 000 euros.

The cost of the project for the construction of a turnkey residential building will be 2,650,000 euros, including the cost of land.

The expected revenue from the sale of all apartments will be about 4 320 000 euros.

The expected net profit from the project after paying all taxes will be 1,460,000 euros, which is 55% of the profit on the invested funds!

The project implementation period is about 2.5 years, including the development of an architectural plan, its approval, obtaining a construction permit and directly for construction work.

You can sell apartments immediately after obtaining a construction permit, which will significantly reduce the total amount of investment.

All detailed calculations on request.

Read more ...
More info:
Rostislav Bondar
Location:
Similar offers
€ 13 700 000
€ 3 200 000
€ 3 900 000
€ 1 300 000
Previously viewed objects
Call
Write
Компания «Dom Real Estate» Контакты:
Адрес: Limassol, Cyprus,
Телефон:+357 25 212 212, Электронная почта: info@dom.com.cy
Application for selection