€400,000 $416,720
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Pay in USD and save up to $14,585Key features
- Listing ID: 1582601 (29319)
- Bedrooms: 5
- Bathrooms: 3
- Total covered area: 330 sqm
- Plot: 263 sqm
- Resale built in 2006
Description
Investment Opportunity in Limassol, Mesa Gitonia: Semi-Detached House with Dual Income Potential
This outstanding property in Mesa Gitonia, Limassol, offers a semi-detached house divided into two well-designed units, each with excellent potential for personal use or rental income.
Property Layout:
Unit 1: One-Bedroom Apartment
• Size: 105 sq.m. covered area
• Features: This spacious one-bedroom apartment includes an open-plan kitchen and living area, a cozy fireplace, and one bathroom. The layout allows for the potential addition of a second bedroom, enhancing its rental value and appeal.
• Current Status: Fully furnished and currently rented for €1,000 per month, offering an immediate income stream for the new owner.
Unit 2: Four-Bedroom House
• Size: 195 sq.m. covered area
• Ground Floor: An open-plan kitchen and living space, along with a guest WC, provide a modern and comfortable family area.
• First Floor: Four spacious bedrooms, including one with an en suite bathroom, plus a main bathroom for added convenience.
• Current Status: Fully furnished and currently occupied by the owner, allowing the buyer the option to either move in immediately or rent both units for maximized income potential.
Investment Highlights:
• Fully Furnished: Both units come fully furnished, minimizing initial investment for furnishings and allowing for immediate rental or occupancy.
• Guaranteed Return on Investment: The property offers a strong ROI of 7.8%, with potential to reach up to 11.4%
• Flexible Use Options: Buyers can enjoy the flexibility of living in one unit while renting the other or renting both units for a higher yield.
Contact us for more information, or directly call on +357 95992373 (Whatsapp available)
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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