Pubblicato in: In Vendita > Case in Limassol | Inviato: |
Off Plan - Entire Building comprised of 8-apartments with submitted planning permit in the prestigious Columbia, Germasogeia Area.
NO VAT or TRANSFER FEES are applicable! "Plot is under an SPV"
Apartment Building located in Limassol's popular Columbia area, presenting a perfect opportunity for investment as a high yielding rental asset (Annual Rental Income €262.800) or as an opportunistic re-sale opportunity upon completion.
✅Popular and affluent residential area
✅Access to Highway - 2 minute drive
✅Gladstonos Street - 10 minute drive
✅Anexartisias Street - 15 minute drive
Building Specification:
✅Apartments: 8
✅4 x Two-Bedroom Apartments
✅2 x One-Bedroom Apartments
✅2 x Two-Bedroom Penthouses (with private roof gardens)
✅Total Indoor area: 522 m²
✅Total Covered veranda: 135 m²
✅Uncovered veranda: 54 m²
✅Common area: 52 m²
✅Total area: 574 m²
✅Parking's: 9
✅Delivery: April 2026
✅Not for primary residence or for re-sale
Discounted Price (on full building acquisition):
Price After Discount: €2.930.000
Rental Yield (Open Market) = 9% (Annual rental income estimate = €262.800)
Rental Yield (Guarantee) = 6.9% (Annual rental income estimate = €202.200)
Estimated Valuation on Building Completion: €4,000,000
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