Residential Building Elpida All / Or Special Passport Pack

12289

Property ID

616 m2

Size

Description

Hotel apartment permit
Being a hotel in its core the project Elpida 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.

 

Being located in a hot spot holiday location, Elpida 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…

 

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!

On the other hand if long term suits your
preferred work type the annual projected
income begins at: €80,000

Feel like you want to stay in this beautiful
island with your family on a more
permanent duration?
} The investment in real estate is the preferred route of the
majority of the applicants for a Cypriot Passport / EU
Citizenship.
} A very simple and straight-forward procedure.
} It takes approximately 6 months for the procedure to be
completed
The Elpida Project allows those seeking citizenship
to also invest in a profitable venture!

3 bedroom penthouse for investor’s residence
covered area – 112, 5 sq.m. + covered veranda – 38, 4 sq.m.

3 x1 bedroom flats (one per floor)
covered area – 56, 3 sq.m. + covered veranda – 6,50 sq.m.

3 x2 bedrooms flats (one per floor)
covered area – 77,7 sq.m. + covered veranda – 10,70 sq.m.

Total plot area 551m²

Total build area 616m²

 

 

Area – Potamos Germasogia, tourist area (near 5* hotels Appolonia, Londa Hotels, shops, restaurants & etc.)
350 m from the beach
Building 
– 4 floors, total covered area – 616 sq.m.
Plot area – 551 sq.m.
Parking spaces 

Package No 1 (4 apartments for €2 mln)

Floor No of bedrooms Total area, sq.m. Price,
Estimated rental income, 
1 floor 2 bedroom 88,4 2 mln. 1,500
1 floor 1 bedroom 62,8 1,000
2 floor 2 bedroom 88,4 1,500
2 floor 1 bedroom 62,8 1,000
302,4 5,000

* The apartments are furnished.
** There will be no VAT.
Rental income = €5000 x 12 month= €60,000 euro per annum, 3% ROI of €2 mln.

Package No 2  (3 apartments for €2 mln)

Floor No of bedrooms Total area, sq.m. Price,
Estimated rental income, 
3 floor 2 bedroom 88,4 2 mln. 1,500
3 floor 1 bedroom 62,8 1,000
4 floor Penthouse with roof garden 225,9 2,500
377,1 5,000

* The apartments are fully furnished.
** There will be no VAT, excluding penthouse
Rental income = €5000 x 12 month= €60,000 euro per annum, 3% ROI of €2 mln.

Address

Address: Apollonia Hotel Bus Stop, Georgiou A', Germasogeia, Cyprus
  • City / Town: Limassol
Open on Google Maps
  • Property ID 12289
  • Price €4,000,000
  • Property Type Buildings
  • Property status For Sale
  • Size 616 m2
  • Land area 551 m2
  • 3*2 Bedroom Flats 233.1
  • 3*1 Bedroom Flat 168.9
  • 3 Bedroom Penthouse 112.5
  • Furnished Fully

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