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 Home    Property Investment Proposal, Potamos Germasogeia – Tourist Area

Property Investment Proposal, Potamos Germasogeia – Tourist Area

Property ID: 4602
Potamos tis Germasogeias, Limassol,
Cyprus, Cyprus
€425,000 each Sold
Apartment
  • 228
  • 0
  • 1 Bedroom
  • 1 Bathroom
  • 46 sq m
Louis P. Constantinou Estates
Louis P. Constantinou Estates
Contact Agent

Description

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

Amenities

Elevator
On the Beach
Beachfront
Hotel Facilities
Open plan kitchen
Sea Views
Fitted kitchen
Solar panels
Title Deed
Air-conditioned
Garden
Electric gate
Swimming pool
Balcony

Additional Information

No additional information.