Building in limassol - b-70102

Limassol district, Lemesos
Posted: 15.10.2018 00:04 Ad ID: 1954353
Building in limassol - b-70102-1
  • Reference number: B-70102
  • Condition Resale

Rsidential building of 27 studio holiday apartments in Germasogia. Plot size 2397m2, consisting of 2 blocks. 24 studios on the first and second floor. At the ground floor, there are 3 more studios, reception, dining area guests toilets and managers office. Internal area 958m2 plus verandas. Built in 1995 need some renovation. Provision for swimming pool, covered parking’s. Attached there is a plot of 602m2 with density 25% and coverage 40% that it can be used as an extension of the business.In summer period with full capacity and 65-70% in wintertime. Also he rent 4 studios as long term. After renovation with some calculations, the studios can be rented out 400-450 for long term with a profit 5.5%-6% on the investment. The price is 2.150.000 euros.

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Property In Cyprus

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Posting since feb, 2017 Other ads from this seller

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Agent license no.: 253/E

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2.150.000 Verified account
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Property In Cyprus

Posting since feb, 2017

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