A unique opportunity to acquire this renovated listed building in the heart of Limassol's City Center, few steps from Anexartistias Street and within walking distance to the University, the Limassol Marina and the sea.
The property comprises 5 spacious studio apartments of approximately 45sqm each, all with their own kitchen and bathroom.
4 out of 5 apartments are located on the ground floor of the property while there is a private staircase leading to the 1st floor where you can find another one apartment.
All the apartments are currently rented receiving an annual income of €27,000 making the property a great investment opportunity.
Reference:
480031001-488-RC
Broker Reg No:
758
Listed:
27-05-2020
Licence ID:
410/E
Registration No:
758
Prices & Trends
This property costs 13.17% more than the average
Average price of Residential Other in Limassol Municipality, Limassol, Cyprus is € 2,209.00 m2
Existing Price per square meter € 2,500.00 m2
This property with 5% yield will have annual return of
€ 32,500.00