Property for Sale: Investment (Building) in Papas Area, Limassol | Key Realtor Cyprus

Property for Sale: Investment (Building) in Papas Area, Limassol  | Key Realtor Cyprus
For Sale €4,500,000  
16208 11 Year Built

This residential building is located on tourist area , just some minutes away walking distance from the beach, supermarkets, banks, shops and all amenities.

The building has :

11 – 2 bedroom apartments

8 – 1 bedroom apartments

5 – Studios

Total: 24 apartments – Total indoor area: 1482m2  + 200m2 Covered Verandas + 66m2 Uncov. Verandas.

The annual income at the moment is €144.000 , with ROI: 3,3%  

          ->  This amount can increase to 220.000 , with ROI: 4,9% 

Additional Details

  • Plot Area: 2610 m2
  • Covered Area: 1482 m2
  • ROI: 3 %

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