Azor Residences

The entire building is under construction, consisting of 8 apartments, 4 apartments with 2 bedrooms, 2 single rooms and 2 penthouses with a private roof, with planning permission, in the prestigious district of Colombia, Germasogeia district. VAT and transfer tax are not charged, "The site is under FPV". Project location: An apartment building located in the popular Columbia area of Limassol represents an excellent investment opportunity as a highly profitable rental asset (annual rental income of 262,800 euros) or as a resale opportunity after completion for about 30% more expensive. The buildings are located very close to the main street, with easy access to the main highway. Rental yield (open market) = 9% (estimated annual rental income = 262,800 euros); Rental income (guarantee) = 6.9% (estimated annual rental income = 202,200 euros); Estimated cost of completion: 4,000,000.