Kitchen
Building is situated in Limassol's city center, just a 15-minute walk from the beach.
The development includes one, two, and three-bedroom units, as well as stylish penthouses.
This prime location supports both high demand for short-term and long-term rentals with strong potential for capital appreciation.
Market Insights:
Open Market Rentals:
•1-Bedrooms: €2,000 - €2,200 per month.
•2-Bedrooms: €2,700 - €2,900 per month.
•Rental Growth: The area has seen a 45%+ increase in rental rates over the past three years, indicating strong market trends for continued growth.
•Value Appreciation: The neighborhood is thriving, with significant potential for property value appreciation.
Location Benefits:
•Proximity to Amenities: Close to shopping, dining, entertainment, and excellent public transport links.
•Accessibility: Easy access to the motorway
Investment Highlights:
•High Demand: Central location ensures high demand for both long-term and short-term rentals.
•Yield Potential: Competitive off-plan pricing with a promising high yield and return on investment.
Project presents a lucrative investment opportunity with strong rental yields and the potential for significant value appreciation in a growing neighbourhood.
Available for sale five 1-bedroom apartments.
Prices: €227,000-€257,000
Covered area: 50 sq.m.
Covered veranda: 13-14 sq.m.
PLUS V.A.T
Kitchen
Storage
Close to the city
Parking area
Balcony
Close to the beach
Covered Parking
Covered Veranda
Double glazed windows
Fitted wardrobes
Freehold property
Guest bathroom