Investment 290 m² in Limassol, Cyprus
Cyprus, Limassol
€550,000
€1,897/m²
Location
Property characteristics
Property parameters
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Price per m²€1,897/m² -
Total area290 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.
Updated at: 01/06/2024
Location on the map
Cyprus, Limassol
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