For Sale Apartment Development

Apartment 500 m from beach

Limassol

Reference Number: 5821

Asking Price

338,000 €
Bedrooms
2
Bathrooms
1
Covered Area
77+20 m²
Market Status
Development

Description

2 bedroom apartment 500 m from the beach

Monthly Rental Guarantee

Monthly Rental Guarantee: €1,550
Annual Rental Guarantee: €18,600
Annual Rental Guarantee Yield: 5.5%

Residences is in the heart of Neapolis neighbourhood, just 500 meters from the beach. This modern development includes studios, two-bedroom apartments across four floors, and exclusive roof gardens offering stunning city views. This prime location supports high demand for short-term and long-term rentals with strong potential for capital appreciation.

Market Insights
Open Market Rentals:
Projected rental rates based on market trends.
– Rental Growth: The area has experienced a 45%+ increase in rental rates over the past three years, indicating robust market trends for continued growth.
– Value Appreciation: Neapolis is a thriving neighborhood 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 major roadways and public transportation.

Investment Highlights

– High Demand: The 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.

Residences presents a lucrative investment opportunity with strong rental yields and the potential for significant value appreciation in a growing neighborhood.
Prices from + VAT

Property Details

Reference Number 5821
Offer Type For Sale
Property Type Apartment
Area Limassol
Covered Area 77+20 m²
Market Status Development
Apartment 500 m from beach
  • Email info@abcpropertiescyprus.com
  • Phone +35799300838
  • Office +35726221526
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