ROI Assets Residential in Zakaki, Limassol for sale

Whole building for sale in a privileged area in Zakaki,Limassol district.

The area is considered one of the best under development in the Limassol district, with easy access to all services inside and outside Limassol, as it is located just 2km from My Mall Limassol, 2.5km from the Casino City of Dreams and 3km from the Port.

The orientation of the plot and the apartment building with its proper design functionality, give it sun in winter and coolness in summer.

The three-storey building consists of six (6) apartments, two (2) bedrooms, one of which has a roof garden with a utility room and a sanitary area. On the ground floor there is a functionally designed parking space for all apartments. The distance of the building from the border is satisfactory for the smooth movement of cars inside and outside the parking lot. On the ground floor there are six (6) storage units, one per apartment.

The building is whole rented to a company with a yearly rent amount of €144.000. Rent is payed every 3 months.

There will be a 5% increase to the rent for the second year.

The company has a loan of €1.000.000 and the investor can pay the difference of €1.700.000 in case of interest. 

Transfer fees not included due to the fact tha the asset is registered to a holding company. 

The building has a returning yield of 5,6%.