Residential building in Limassol № 230554
An investment property consisting of several apartments for sale in Germasogeia, Limassol. The property has been professionally redeveloped into three independent apartments: two one-bedroom apartments and one studio apartment. At the same time, the object is sold under one Title Deed.
This is a highly profitable residential facility, fully renovated, furnished and already generating a stable rental income. This year, a complete renovation was carried out, including the replacement of all electrical wiring and plumbing, modern decoration, as well as the installation of new furniture and household appliances. Each apartment is fully equipped with air conditioning, kitchen appliances and furniture, which allows the new owner to earn income from the first day without additional investment. Currently, all three apartments are rented out and generate about €45,000 in gross income per year, providing approximately 10% annual return.
