City center plot for sale with plans for eight modern apartments
For Sale / EUR 420.000 (VAT not included)
Building co-efficient 120%
Cover co-efficient 50%
Maximum 3 floors and height 13.5m
Residential zone Ka4 zone
All licenses in place for Modern building by a developer who pays attention to high quality aesthetics, build and materials.
Located very close to Makarios avenue in Apostolos Andreas area, walking distance to the new Papantoniou supermarket and all the amenities the city center has to offer.
The property consists of 2 x one bedroom flats and 6 x two bedroom flats. There are 3 floors in total.
The 1st and 2nd floors are identical with 1 x one bedroom flat and 2 x 2 bedroom flats - 3 in total.
The 3rd floor has 2 x two bedroom flats which are the premium offering because one has 70m2 of verandas on the same floor and the other flat has a roof garden of 50m2 plus a covered veranda of 21m2 on the 3rd floor.
The potential annual income of this property is €81,600 and the gross annual rental yield is 4.7
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