Space ID : VL8124
For Sale €2.500.000
Business opportunity to invest into real estates arises to acquire 11 apartments in a beautiful complex with elegant Mediterranean style. The complex is walking distance to the sea, approximately 5 mins walk and next to all amenities of the Limassol Tourist area yet nicely tucked away from the main tourist road and the tourist strip. The complex has a very large pool and beautiful landscaped gardens and due to its location, it could be used for short lets which yield very high returns. At the moment all apartments are rented for long term lets, each contract 12 months.
Six 2 bedroom 100m2 interior, 20m2 verandas
Five 1 bedroom 60m2 interior, 10m2 verandas
Each 1 bedroom earns €500 = €2500 per month
Each 2 bedroom earns €700 = €4200 per month
Total is €6700