For investment !!! Whole building in the center of town Limassol

Space ID : VL8420

For Sale €1.500.000 - RESIDENTIAL BUILDINGS
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A very well positioned whole building available for sale .Consisting of 6 1 bedroom apartments ,6 studios and 1 retail shop,all are rented generating a yearly rental of €49200.

NOTE

The rents charged at the moment are very low as the tenants made these contracts a while ago and the rental market has seen a lot increase. since then.

Current rental prices for that area are as below

1 bed €750×6=€4500

studio €550 x3=€1500

shop €1000 €1000

€7000 pcm

estimated rental income €84000=5.6% yield

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Submitted by NICOLAOU ESTATES

  • Agent Registration No. : 693
  • Agent License No. : 365/E
  • Office : 25875252
  • Mobile : 95598488

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