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4 Bedroom Development In Germasogeia, Cyprus (ref. 33661479)
Date & Time Listed: 2018-11-20 02:44:30 (GMT)
Fantastic Investment Opportunity! Three Apartments Located in Germasogeia, Limassol
Located in the vibrant Germasogeia tourist area of Limassol, this investment opportunity is within walking distance of shops, restaurants, bars and the sea front.
The investment opportunity comprises:
- 1 x 2 bedroom apartment on 3rd floor 88.4 m² Estimated rental income EU;1,500
- 1 x 1 bedroom apartment on 3rd floor 68.8 Estimated rental income EU;1,000
- 1 x 2 bedroom penthouse apartment on 2nd floor with roof garden 225.9 m² Estimated rental income EU;2,500
- Rental income = EU;5000 x 12 month= EU;60,000 euro per annum, 3% ROI of EU;2 mil
- Total area 377.1 m²
- Suitable for the Cyprus Investment Programme (CIP)
- Walking distance to local amenities
- Walking distance to nearest beach
- 45 minutes to Larnaca International Airport or Paphos Airport
- Cyprus legislation - title deeds with application
- No VAT
Germasogia is considered to be a small east-suburban town with a population of just under 13,500 people. Germasogia is rich with history and culture as it is home to the Museum of Griva Digeni which displays many ancient artefacts as well as predictions of what life was like in the past, through clothing, labour as well as house-life. Germasogia is only a 10 minute car journey from the centre of Limassol and a 20 minute car journey from the Marina, this makes it very easy for people to reach the city if they wish, to enjoy daytime activities such as shopping at My Mall, swimming in the gorgeous turquoise beaches, boat trips, diving, water sports as well as visiting at night for the bustling night-life such as bars and clubs as well as romantic and family-orientated restaurants for a peaceful night out.
Germasogia is an ideal destination as it is slightly outside of the city centre, making it safer. It has a cooler climate and less humidity, although in perfect distance to reach the city by car or through the use of their frequent bus links.
was formed in 2002. Licensed Real Estate Agent AM625
British owned with key personnel having over 25 years Financial and Legal experience. The Company was structured to give a complete service.
Our Team are all expats with personal experience of moving, living and working in Cyprus.
Our aim is to ensure your purchase in Cyprus is as stress free as possible, an enjoyable experience with no regrets whether it’s for relocation , retirement, investment or a holiday home.
We Listen…We Search…We Care.
Let us do the work and you enjoy the DREAM...
- Cyprus Property for Sale - Property for Sale in Cyprus
This property is a Whole Development for sale.
Price: 2,000,000.00 GBP
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