*Residential building in Molos area
Ref No:
€2.100.000
- Status: For Sale
- Property type: House
- Ref. ID: 68412
- City: Limassol
- Area: Limassol
- Condition: Resale
- Covered Area: 1800 m2
- Energy Efficiency Rating: N/A
Details
Location: On the seafront road (28th October Street) next to the Russian Commercial Bank Sea Front Branch.
- Proximity to the sea: 50 meters (1-minute walk )
- Currently 6 floors (Concrete skeleton exists)
- Covered area: 1800 square meters with an allowance of 1 more floor to be built according to the new license issued a few weeks ago.
- All updated licenses and permits available in hard copy
- Clean Title Deeds and there are no mortgages on the property
- Once completed the building will average Returns Of Investment of over 6.7% (calculations available upon request)
- Possibility to apply for a commercial property license
