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+357 99 300 838

info@abcpropertiescyprus.com

Cyprus property for sale or rent

price

Building for sale in Limassol №3635

Commercial property / Limassol / Germasoyia

12 bedrooms

3 000 000 €

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object description

Building for sale in Limassol in Germasoya area within 350 m from the sea. Hotel apartment permit, Location, location, location, High potential investment, Citizenship acquisition. Being a hotel in its core the project Elp provides within it a hotel apartment permit to apply as a business venture to attract the numerous tourists that visit Limassol every year. Taking into note that Cyprus allows for an six month summer season the investment return rate that can be achieved each year will be considerably high. Location… Being located in a hot spot holiday location, Elp project provides easy access to a variety of lavish options. 5-star hotels (gym, spa, etc.), Sea front locations, Shops, Restaurants, Bars, Clubs, And much more to explore… High potential investment- As a whole this project can become a great source of profit based on three unique choices: Re-sale, Short term rentals, Long term, Re-sale- By acquiring the building re-enforced and in a tip top condition the option to re-sell becomes a valid way to gain future profits instantly. Be it by separate apartments or the project as whole, you can feel assured of a healthy return! Short term rentals- The project comes hand in hand with a Hotel apartments permit! So for those that feel committed to the service of others the option of renting the flats for short periods of time might seem like the way forward. The projected ROI comes to: 3% Long term- On the other hand if long term suits your preferred work type the annual projected income begins at: €50,000. Suitable for those seeking to acquire citizenships as well as business related profits- 3 bedroom penthouse for investor’s residence, 3 one bedroom flats (one per floor), 3 two bedrooms flats (one per floor), Total plot area 551m², Total build area 616 m². Renovated and fully furnished.

parameters

City
Limassol
Area
Germasoyia
Bedrooms
12
Air Conditioning
Title Deeds

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