Building in Columbia, Limassol for sale

Eight-unit apartment building for sale in Columbia, Limassol  

Entire Building comprised of 8-apartments with submitted planning permit in the prestigious Columbia, Germasogeia Area.

NO VAT or TRANSFER FEES are applicable! "Plot is under an SPV"

Apartment Building located in Limassol's popular Columbia area, presenting a perfect opportunity for investment as a high yielding rental asset (Annual Rental Income €262.800) or as an opportunistic re-sale opportunity upon completion.

• Popular and affluent residential area
• Access to Highway - 2 minute drive
• Gladstonos Street - 10 minute drive
• Anexartisias Street - 15 minute drive

Building Specification:

• Apartments: 8
• 4 x Two-Bedroom Apartments
• 2 x One-Bedroom Apartments
• 2 x Two-Bedroom Penthouses (with private roofgardens)
• Total Indoor area: 522 m²
• Total Covered veranda: 135 m²
• Common area: 52 m²
• Total area: 574 m²
• Parking's: 9

Delivery: April 2026

Not for primary residence or for re-sale

Discounted Price (on full building acquisition):

Price After Discount: €2.930.000

Rental Yield (Open Market) = 9% (Annual rental income estimate = €262.800)

Rental Yield (Guarantee) = 6.9% (Annual rental income estimate = €202.200)

Estimated Valuation on Building Completion: €4,000,000