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Plot with a permit for the construction of an apartment building in Nicosia

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Object №37567
City: Nicosia
Area: Aglantzia
Bedrooms: 10
Bathrooms: 5
Living space: 1665 m²
Total area: 1991 m²
Floor: 9
Storeys: 9
Windows: Mountains view

Additionally:

Parking: Yes
Elevator: Yes
Payback: 2 years
IRR: 44%
ROI: 38%
Implementation: 18 months
€ 1 100 000
+ VAT
PDF  
info@dom.com.cy
+357 25 212 212

Description:

For sale a plot of land in the heart of Nicosia for the construction of an apartment building. All the infrastructure is in the immediate vicinity.

High rental and purchasing demand due to the location in the heart of the city, as well as the presence in the immediate vicinity of universities and schools.

All permits are received, you can go to the construction as soon as possible, after the purchase of the site.

The project is a residential 9-storey building consisting of 13 two-bedroom apartments and one 4-bedroom penthouse on two floors with a private roof garden.

Preliminary economic indicators of the project:

  • The cost of construction of a turnkey project with the purchase of a land plot - 3,950,000 million euros
  • The project's revenue is 5,660,000 million euros.
  • The net profit of the project is 1,500,000 euros, which is 19% of the annual income on the invested funds, the project implementation period is maximum 2 years.

All additional calculations are available on request.

After the purchase of the land plot, our agency helps in obtaining a loan from the largest bank in Cyprus at 3.5% per annum with an investment of 50% of its own funds in construction.

The start of the sale of apartments immediately on the pit.

For sale a plot of land in the heart of Nicosia for the construction of an apartment building. All the infrastructure is in the immediate vicinity.

High rental and purchasing demand due to the location in the heart of the city, as well as the presence in the immediate vicinity of universities and schools.

All permits are received, you can go to the construction as soon as possible, after the purchase of the site.

The project is a residential 9-storey building consisting of 13 two-bedroom apartments and one 4-bedroom penthouse on two floors with a private roof garden.

Preliminary economic indicators of the project:

  • The cost of construction of a turnkey project with the purchase of a land plot - 3,950,000 million euros
  • The project's revenue is 5,660,000 million euros.
  • The net profit of the project is 1,500,000 euros, which is 19% of the annual income on the invested funds, the project implementation period is maximum 2 years.

All additional calculations are available on request.

After the purchase of the land plot, our agency helps in obtaining a loan from the largest bank in Cyprus at 3.5% per annum with an investment of 50% of its own funds in construction.

The start of the sale of apartments immediately on the pit.

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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