Limassol, Limassol, Cyprus
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
12
- BATHROOMS
12
- SIZE
6,781 sq ft
630 sq m
Description
This modern luxury residential building comprises six two-bedroom apartments, all currently rented, providing an established rental income from day one, subject to the existing tenancy agreements.
Investment Highlights
- Asking Price: €2,300,000
- Total Monthly Rental Income: €10,900, including common expenses
- Annual Rental Income: €130,800
- Indicative Gross Annual Yield: 5.69%
- Total Apartments: 6
- Configuration: Two bedrooms per apartment
- Location: Zakaki, Limassol, close to Limassol Port
- Premium Construction & Specifications
All apartments have a large open-plan living room, two shower-bathrooms, a modern easy-functional kitchen. The 2 Penthouse are benefit with a 33.77m² private roof garden. These apartments have a high level designed, with stylish features that complete the whole idea of living a high-quality lifestyle in a dream home.
The building has been designed with a focus on modern architecture, quality finishes, energy efficiency and resident comfort.
- Thermal insulation system on all external façades.
- MU3000 aluminium window frames with thermal breaks.
- Photovoltaic systems serving the common areas and third-floor apartments.
- A+ energy efficiency rating, as specified.
- Provision for an underfloor heating system.
- Air-conditioning units.
- High-quality Italian kitchen units and bedroom wardrobes.
- Contemporary glass railings.
- Laminate parquet flooring in the bedrooms.
- Premium-quality Italian ceramic floor tiles.
- Granite flooring in the common areas.
- Elegant marble flooring in the entrance lobby.
- Additional Facilities
Private Parking
Convenient parking spaces for the apartments, with easy access and exit.
Landscaped Green Area
A landscaped green area enhances the building's surroundings, creating a fresh and welcoming residential environment.
Individual Storage Rooms
Each apartment benefits from a spacious private storage room, providing additional convenience and security for residents' belongings.
Elegant Entrance Lobby
The main entrance has been carefully designed to provide a spacious, bright and comfortable welcome, with particular attention to quality and security.
A Turnkey Investment Opportunity
With all six apartments currently rented, established rental income and premium construction specifications, this property presents an attractive opportunity for investors seeking a residential income-generating asset in Limassol.
Its location in Zakaki, close to Limassol Port, further enhances its appeal.
Asking Price: €2,300,000 (No VAT)
For further information or to arrange a viewing, please get in touch.
Limassol, Limassol, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Pafos(International)31.3 miles
- Larnaka(International)36.3 miles
- Ercan(Local)41.1 miles
Advice on buying Cypriot property
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Notes
This is a property advertisement provided and maintained by Fox Smart Estate, Limassol (reference 35242) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.