Building in tourist area

Limassol district, Germasogeia Tourist Area
Posted: 09.12.2019 10:36 Ad ID: 2055694
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Building in tourist area
  • Reference number: 1785
  • Floor area 616 m²

BUILDING FOR SALE IN TOURIST AREA

Being a hotel in its core the project provides within it a hotel apartment permit to apply as a business venture to attract the numerous tourists that visit Limassol every year.

Taking into note that Cyprus allows for six months summer season the investment return rate that can be achieved each year will be considerably high.

Being located in a hot spot holiday location, the project provides easy access to a variety of lavish options.  5-star hotels (gym, spa, etc.)  Seafront locations  Shops  Restaurants  Bars, Clubs  And much more to explore…

As a whole this project can become a great source of profit based on three unique choices:  Re-sale  Short term rentals  Long term

Re-sale: By acquiring the building re-enforced and in a tip-top condition the option to re-sell becomes a valid way to gain future profits instantly. Be it by separate apartments or the project as a whole, you can feel assured of a healthy return!

Short term rentals: The project comes hand in hand with a Hotel apartments permit! So for those that feel committed to the service of others the option of renting the flats for short periods of time might seem like the way forward. Estimated rental income: 6% per annum

Long term: On the other hand if long term suits your preferred work type the annual projected income begins at €50,000

This project allows those seeking citizenship to also invest in a profitable venture!

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3.500.000
+35725055743

Fenix Properties

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Posting since mar, 2017

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