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Investment 290 m² in Limassol, Cyprus

Cyprus, Limassol
€550,000
;
Investment 290 m² in Limassol, Cyprus
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Location

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  • Country
    Cyprus
  • Region
    Limassol District
  • City
    Limassol

Property characteristics

Property parameters

  • Total area
    Total area
    290 m²

Description

The Property is located in the heart of old town, right next to Pendadromos. It consists of 2 two bedroom apartments, 2 shops and a small house at the back. Currently the whole building is rented and brings a ROI of 6,4% annually. The density of the plot is 160% which allows you to build another floor. It is perfect for an investment to be converted into affordable housing for students as there are plenty of universities in the area and not enough housing for them.
Posted at: 23/05/2024
Updated at: 01/06/2024

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Cyprus, Limassol
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Investment 290 m² in Limassol, Cyprus
Cyprus, Limassol
€550,000
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