Turnkey Income Property

Limassol

€ 1,270,000

456 m2 Area
500 m2 Land

Property Ref: #12527

Property Description

Modern residential building in Asomatos Limassol built in 2023 with 4 fully rented apartments generating €72,000 annual income and approx. 5.55% net yield. Prime investment opportunity in a fast growing area just minutes from the beach MyMall and Limassol Marina. Features include fully furnished units solar panels Energy Class A parking and modern finishes with strong rental demand and future rental growth potential.

Property Features

Type

Residential Building

Status

Resale

Area

456 m2

Land

500 m2

Storeys

2

Parking

6

Year

2023

Energy

A

Even More Info

Air Condition

Electric Appliances

Electric Shutters

Elevator

En Suite Shower

Fitted Kitchen

Furnished

Garden

High ceilings

Intercom System

Internet Access

Modern Architecture

Parking Covered

Pressurised Water System

Secret Lighting

Solar Water Heaters

Split Units

Title Deed

Location

Limassol Suburbs, Limassol

CURRENT ASKING PRICES PRICES IN LIMASSOL SUBURBS

AVERAGE PRICES TODAY

Flat Price
€ 1,172,312
House Price
€ 2,184,563
Residential Plot Price
€ 3,122,500

% PROPERTY TYPES

79 % Houses
2% Plots
19% Flats

% BEDROOMS

3% 1 Bed Flat
11% 2 Bed Flat
9% 3 Bed Flat
43% 3 Bed House
20% 4 Bed House
14% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 604,000
2 Bed Flat
€ 856,125
3 Bed Flat
€ 1,783,333
3 Bed House
€ 717,253
4 Bed House
€ 2,177,942
5 Bed House
€ 4,655,400

PRICE RANGE

Flats:
€ 300,000 - € 4,060,000
Houses:
€ 302,000 - € 26,670,000
Residential Plots:
€ 845,000 - € 5,400,000