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Germasogeia, Limassol, Cyprus Business Open To Offer

€5,125,800  |  £4,709,329  |  US$7,519,549
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This business opportunity in Germasogeia, Cyprus is currently available for EUR 5,125,800. If you require further info regarding this available Cypriot business please type your contact details in the small form located to the right.

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Ref 491773 
Town Germasogeia 
Region Limassol 
Type Business
Category Re-Sale  
Listed 585 days ago
Vineyard Investment Opportunity - 25% - 40% returns over a fixed 2 year investment term   Find out more >>

Business Description

A plot of land for sale with planning permission for 7 Shops 17 Apartments in the Germasogia tourist area of Limassol Cyprus Price 5 125 800 Area 2660m2 Planning Permission has been granted for 7 Shops All with allocated parking a covered area of between 40m2 48m2 net including mezanine 17 Apartments The apartments are planned to be built on 4 levels Pilotis 1st 2nd and 3rd floor They will all have an allocated car parking space and storage room communal swimming pool dressing rooms communal elevators stair cases secure gates etc The planned apartments are One Two and Three Bedroom units with covered areas of 55m2 80m2 100m2 respectively Anticipated Selling Prices Range for the Residential Units is between 4100 to 4800 per sq meter Current Stage Off Plan The project is located at the heart of the tourist area of Germasogia Limassol only 150 meters away from the seafront and within walking distance from all amenities minimarkets cafeterias banks etc
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Map of Germasogeia


Purchase this Business in Germasogeia for

€8,646p/m

(60% LTV, 8% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Germasogeia, Cyprus

Property Type Min Price Max Price Median Price
(All prices in EUR) Germasogeia Cyprus Germasogeia Cyprus Germasogeia Cyprus
Apartment/Flat 150,650 34,000 4,323,000 4,323,000 340,000 168,000
House/Villa 493,000 60,950 2,395,000 14,200,000 620,000 427,150
Townhouse 213,500 40,000 5,300,000 12,400,000 623,500 354,200
Land/Ruins 452,800 53,000 15,377,413 15,377,413 683,440 476,338

* Calculations based on 114 properties for sale in Germasogeia and 7285 properties for sale in Cyprus