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We are delighted to be offering you this beautiful investment project located in residential area of Limassol municipality, close to the new Casino Resort, next to Sklavenitis Hypermarket and many other amenities. The area is quite popular for renting and the rental income is approx. €1900 to €2000 for the Penthouse, €850 to €950 for a two bedroom apartment and €650 to €750 for a one bedroom apartment, with the present waiting list of the potential tenants.
Please note, there are no mortgages on the land/apartments in this project since it is financed by the Joint Venture.
The investment package will include 6 apartments:
1. 1 bedroom apartment, 62 sq. meters covered area, price €175.000,=
2. 2 bedroom apartment, 100 sq. meters covered area, plus store room, price €250.000,=
3. 2 bedroom apartment, 104 sq. meters covered area, plus store room, price €260.000,=
4. 2 bedroom apartment, 100 sq. meters covered area, plus store room, price €265.000,=
5. 2 bedroom apartment, 102 sq. meters covered area, plus store room, price €275.000,=
6. 3 bedroom Penthouse, Double floor, 212 sq. meters covered area, plus large store room with garden 11 sq. meters, plus Roof Garden 56 sq. meters with Jacuzzi and shower room, plus Patio Garden 11 sq. meters on 4th floor, price €790.000,=
Total price for above package €2.015.000,= plus applicable VAT for each apartment. Note that above prices are the discounted prices for the apartments.
The building will be build with Class A Energy Efficiency.
The project will consist of 2 buildings which are currently under construction and will be delivered in September 2019.
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