Investment project with 9% return.

Property was used as a warehouse but due to its location coverage on this property is 100% which gives the architect amazing options in terms of town planning regulations.

The building co-efficient in this property is 160% and because it is in the core of the city center, purchase of required parking spaces for planning permissions are extremely cheap.

Up to 18 studios can be built and because of the project's location they will appeal to a variety of potential clients such as students, working professionals and even short term renters such as Summer or Winter tourists.

The property is walking distance to the beach, the old port and the new marina. Anexartisias, St Andrews and Gladstonos main commercial retail centers are right next to it.

This is not a project for the faint-hearted, it requires an experienced or seasoned investor.