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S567 - Entire Building of 9 studio apartments for investment in Limassol’s Historical Center

Property status: Project delivered
Location: Cyprus, Limassol, Central area of Old Town Limassol
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Entire residential building comprising of 9 studio apartments, which will be located in Limassol’s Historical Center.

Building is rented out on a 5 year lease agreement to corporate tenant for €140.000 per year, annual yield of 8.2%.

No VAT or transfer fees are applicable. Plot is under an SPV.

Area & Prices
1B - Block of apartments
Area: 380 m2
€ 1,700,000 no VAT
Inside Area: 284 m2
Covered Veranda: 72 m2
Uncovered Veranda: 24 m2
Price per sq.m: € 4,474
Parking Place: 1

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Weather
18 November 2024
Rome
Light rain showers
16 °C
Limassol
Cloudy
-1 °C
London
Rain
9 °C