Great investment opportunity walking distance to the sea
Archived / EUR 250.000
77775070
or +357 95598488
Maisonette in a small complex with swimming pool opposite a green park.
This maisonette is in 2 levels with open plan living area, kitchen and guest w/c on the ground floor and two bedrooms and a main bathroom on the 1st floor.
The property has a small patio veranda area which leads to the common swimming pool area.
Its priced for a quick sale and compared to other 2 bed properties including apartments. But why live in an apartment and not a cozy compact house with no-one above you and all the other issues associated with apartments.
Located just 5-6 minutes walking distance to the sea and to the main tourist area with all amenities such as restaurants, bars, supermarkets, banks and the main bus stops, this small gem is ideally placed and would be attractive to various buyers such as small families, young couples, an affluent single and mostly investors.
The maisonette can be rented and has been rented for 1200 rent per month but the owners have just taken possesion of the property and will not rent it. It will come vacant. The estimates Annual Rental Yield of 5.5% Gross makes this proposition a very desirable option for the savvy investor. Rental returns of more than 4% are difficult and rare to get with tourist area properties in Limassol so this is a bargain.
Clean title deeds