€4,200,000 $4,671,847
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Pay in USD and save up to $163,515Key features
- Listing ID: 1502988 (480031017_1023)
- Bedrooms: 29
- Bathrooms: 29
- Plot: 1432 sqm
- Resale built in 1999
- Air Conditioning, Built-in Kitchen with Electrical Appliances, Modern, Near Highway, Near/On Sea, Parking, Certificate of Final Approval Issued, Sea View, Veranda, Unfurnished
Description
This Whole Apartment Building near the sea is located in Potamos Germasoyias, in Limassol. An area surrounded by all amenities such as pharmacies, banks, restaurants, cafes all within walking distance etc. Its prime location also offers easy access to the highway.
This three-story building has a total covered area 1,258sqm, built on a plot of 1,432 sqm and consists of 12 x one bedroom apartments and 14 x studios. It is ideal for short term and long term rent!
We consider this building an amazing investment opportunity as anticipated rental income is eur 348,000/ annually and a rental yield of 8.3%.
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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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