Apartment building for sale in Limassol
8-unit apartment building for sale in Limassol
Off Plan - Entire Building comprised of 8-apartments with submitted planning permit in the prestigious 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
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 Uncovered veranda: 54 m² Common area: 52 m² Total area: 574 m² Parking's: 9
Delivery: April 2026
Not for primary residence or for re-sale
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
Main information
- Region Limassol
- District Suburb
- Location Potamos Germasogia
- Sale price € 2.930.000
Details
- Year built 2026
- Area 574 m2
Features
- Parking
- Under construction