Urban City Residence

14284

Property ID

1,470 m2

Size

Description

A great opportunity to purchase one or two blocks of apartments or the whole
complex, consisting of 3 blocks (10 apartments per block) situated in the soughtafter
location of Limassol, adjoint to the park and within a 15-minute walking distance
to the beach (1000 meters), a 2- minute drive to the highway leading to all
major cities on the island and the airports. All necessary amenities, including
shops, supermarkets, restaurants and banks are within a few-minute walk.
The project consists of three modern five-storey buildings with spacious two and
three-bedroom apartments with sizeable verandas offering beautiful city and sea
views.
The infrastructure of this secure gated complex includes a swimming pool and
landscaped gardens, a gym and an underground parking.

Advantages:
– Walking distance to the beach (1000 m)
– Gated controlled entrance to the complex
– 17x5m common infinity swimming pool
– Changing facilities for the residents
– Underground parking space and store room for each apartment
– High ceilings (3.55 m)
– Spacious lobbies with sitting area in each block
– 60 sq.m equipped gym
– Gardens and children’s playground
High quality

High quality technical specifications:
– Double glazed windows of a high UF thermal and sound insulation
– Underfloor heating system Mitsubishi
– VRV air conditioning system Mitsubishi
– Solar and electric water heating systems
– Italian high-quality tiles in the living rooms, kitchens and bathrooms
– German laminated parquet Kronotex (10 mm thick) in the bedrooms
– Italian internal doors (2.3 m high)
– Italian built-in wardrobes Colombini Casa
– Italian bathroom furniture Falegnameria Adriatica
– Italian kitchens Scavolini
– Sanitary ware Bruma
– Security fireproof entrance doors (refractory 60 min).
– Elevators Kone
– Entrance door lock from the market leader – Italian brand CISA
– Video intercom system
– Anti-slip tiles around the swimming pool.
MORE ABOUT THE PROJECT
1000m
Site

It is offered to an investor to purchase the entire Block A at the reduced price.
Price calculation:
Total sell able area: 1029 m2
Price per m2: Euro 3,400
Note: the price does not include non-built-in furniture and electrical appliances.
Total price offered to an investor:
1029х 3,400 = Euro 3,498,600 + VAT
The estimated cost of the entire building on its completion:
1029 x 4,200 = Euro 4,321,800 + VAT.
ROI: 23,5%
Completion of the project: in 14 months
Rental income in Limassol: 3-4% per year.

 

It is offered to an investor to purchase the entire Block B at the reduced price.
Price calculation:
Total sellable area: 1470 m2
Price per m2: Euro 3,400
Note: the price does not include non-built-in furniture and electrical appliances.
Total price offered to an investor:
1470 х 3,400 = Euro 4,998,000 + VAT
The estimated cost of the entire building on its completion:
1470x 4,200 = Euro 6,174,000 + VAT.
ROI: 23,5%
Completion of the project: in 14 months
Rental income in Limassol: 3-4% per year.

It is offered to an investor to purchase the entire Block C at the reduced price.
Price calculation:
Total sellable area: 1176 m2
Price per m2: Euro 3,400
Note: the price does not include non-built-in furniture and electrical appliances.
Total price offered to an investor:
1176х 3,400 = Euro 3,998,400 + VAT
The estimated cost of the entire building on its completion:
1176x 4,200 = Euro 4,939,200 + VAT.
ROI: 23,5%
Completion of the project: in 14 months
Rental income in Limassol: 3-4% per year

Address

Address: Γεωργίου Νεοφύτου, Mesa Geitonia, Cyprus
  • City / Town: Limassol
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  • Property ID 14284
  • Price €4,998,000
  • Property Type Buildings
  • Property status For Sale
  • Size 1,470 m2
  • Price per M2 3400 euros
  • Price for investors (BLOCK A) 3,498,600 + VAT
  • Price at Completion (BLOCK A) 4,321,800 + VAT
  • Price for Investors (BLOCK B ) 4.998.000 +VAT
  • Price at Completion (BLOCK B) 6.174.000 +VAT
  • Price for Investors (BLOCK C) Euro 3,998,400 + VAT
  • Price at Completion (BLOCK C) Euro 4,939,200 + VAT

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