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Exclusive Business for Sale in Germasogeia | Limassol - Cyprus - Ref 491773

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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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€5,125,800  |  £4,255,439  |  US$6,721,462
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 491773 
Town Germasogeia 
Province Limassol 
Country Cyprus  
Type Business
Category Re-Sale  
Listed over 1 year ago
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Price: €5,125,800

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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 75,000 7,000 2,300,000 4,000,000 340,000 168,000
House/Villa 99,000 34,950 8,000,000 17,250,500 620,000 427,150
Townhouse 230,000 39,900 5,300,000 29,204,425 623,500 354,200
Land/Ruins 330,000 15,000 15,350,000 20,503,217 683,440 476,338
Other 360,000 7,000 360,000 11,000,000 5,125,800 130,024
Penthouse 1,650,000 44,000 1,650,000 3,800,000 - 504,450
Bungalow 695,000 35,000 790,000 3,069,000 - 429,500
Commercial 650,000 75,000 650,000 20,503,217 - -

* Calculations based on 282 properties for sale in Germasogeia and 14635 properties for sale in Cyprus





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