PROPERTY INVESTMENT PROPOSAL IN POTAMOS GERMASOGEIA – TOURIST AREA
This wonderful condominium is perfectly situated on a sandy beach, it is stylish and contemporary gated apartment complex. It is the first residential property right next to the Dasoudi Park, the city’s largest and only seafront park. The apartments are ideal for families with children and couples with exceptional taste. They are located in the heart of the cosmopolitan area of Limassol, with a variety of high quality choices for recreation, leisure and dining.
The project’s design offers as much green as possible on the ground level, extensive beachfront frontage with children facilities, a pool for adults extending to a young children’s plunge pool, all surrounded by a secure elegant perimeter.
4 IDENTICAL FLATS LOCATED ON THE SEAFRONT
- All flats have Title Deeds
- All flats have direct sea view
- Fully furnished and equipped with all electrical appliances
- 211 and 212 are located on the second floor
- 311 and 312 are located on the third floor
- 46m2 each
OCCUPANCY PERFORMANCE DURING 2016 & 2017 FOR 4 FLATS
- High season (May – Sep) – 98% occupied
- Low season (Oct – Apr) – 80% occupied
RATES PER NIGHT FOR EACH ROOM (approximately)
- €110 – €140 – high season
- €80 – €110 – low season
RUNNING AND FIXING EXPENSES
- Common expenses paid at the management for each flat approximately €76 (monthly)
- Cleaning and laundry services for 1 week stay is about €25 per room
- Water bill for 3 months is about €40 per room
- Electricity bill for 2 months is about €60 – €80 per room
- For 1 year maintenance expenses, €100 per room
- For 1 year insurance, €100 per room
Can be sold individually for €425.000 each or as a package for €1.650.000
Reference № LE160166
