M-SQ.EU
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Pirkti Butas, 1 700 000 €
🇨🇾 Kipra, Limassol District (Leymasun), Ýpsonas, Cyprus, Limassol, Zakaki
370
7
624
About Butas
Bathrooms
7
Total area
370
Total area land
624
Deal Information
Type of deal
Parduoti
Price
1 700 000 €
Price type
Pilna kaina
Price per
4 594,59 €
About mortgage
Mortgage Payment
0 €/terms.mon
Salary
0 €/terms.mon
Mortgage
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EUR
mortgage.first_payment.label
EUR
0%
10%
20%
30%
50%
60%
70%
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  terms.in_year
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5 819,3 € /ter.
Overpayment 93 782,13 €
Investment
Radius 1.8 km.
Total area ± 5 m²
Cost market
Median price 1 700 000 €. Average price 1 700 000 €. Price from 1 700 000 € to 1 700 000 €
Percentage of deviation of market 0%
Description
A high-yield investment opportunity in one of Limassol’s fastest-growing areas. This brand-new boutique hotel, fully transformed in late 2024, sits on a 624m² corner plot, just 2 minutes from My Mall, 10 minutes from City of Dreams Casino, and a 2km drive to Lady’s Mile Beach. Despite its central location, it is in a quiet neighborhood with easy access to main roads, public transport, and essential amenities. The hotel consists of six fully furnished, modern apartments, designed for comfort and functionality. The ground floor features four apartments, while the first floor hosts two additional units, offering extra privacy. The layout includes three 1-bedroom apartments and three 2-bedroom apartments - with one of the 2-bedroom apartments featuring two bathrooms, all boasting spacious interiors, stylish finishes, and high-quality furnishings. Currently, all units are rented long-term, generating a stable 6.3% rental yield. However, higher returns could be achieved if some or all units were operated as short-term rentals, taking advantage of the high demand in the area. The building is equipped with 24/7 CCTV surveillance, air conditioning, mosquito nets, a private yard, and ample parking space, ensuring security and convenience for residents. Another key advantage—this property is exempt from transfer fees and VAT, making it an even more attractive investment. A rare opportunity to acquire a fully operational, income-generating property with strong appreciation potential and flexible rental strategies.
Nearby Brands
Pizza Hut 251 mMcDonald's 264 mKFC 319 m
 
 
1 700 000 €
Price Pilna kaina
Mortgage
510 000 €
5 819,3 €/terms.mon
Fox Realty: Limassol Griva Digeni
Fox Limassol Griva Digeni ID 46
Show phone
Ref: 28567 Cyprus, Limassol, Zakaki
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