7 Apartment Block for sale

Description

This unique project is located in the heart of Limassol, in immediate proximity to Gladstonos Avenue at a prime location, in one of the most popular areas of the city, and right next to elementary school. The building offers direct access to high-street shops, cafeterias, restaurants, schools and pharmacies. The development consists:

• One 3 bedroom penthouse apartment
• 3 X 2 bedroom apartments
• 3 x 1 bedroom apartments
• Project is currently under construction
• Completion: July 2024
• 5 year rental guarantee
• Rental income: 204000 euros per year (7.4% yield)
• No VAT applies – property owned by company

Each apartment has one parking space. The main entrance of the building is secure and camera-controlled.