Best location 100 meters to the beach opposite municipal park 11397
The flat is part of a small building consisting of 12 flats. The building has been recently renovated and it has a very good administrative committee which looks after the building. All common areas are spotless and there is a secure controlled entrance.
The flat is on the 3rd floor and it benefits from very good views because of its location.
The flat is in very good condition and it can immediately achieve €1200 or much better with short term rental.
It is our view that with €30-40,000 renovation it could achieve €2000 per month conservatively. In investment terms, this flat could NET 7% rental income yield. If we take into consideration the location and the potential capital gains, then the ROI could be upwards from 10%.
Investors apply only, this is not for consumption customers.
Covered Area:110 m2
NICOLAOU ESTATESVerified account
Posting since feb, 2017 Other ads from this seller
Agent reg. number: 693
Agent license no.: 365/E
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