Cyprus Real Estate Marketplace

558m² Building for Sale in Limassol - Zakaki

  • Pre-Owned
  • 558m²
  • 2019
  • €2 300 000
Price per m²
€4122/m²
Title Transfer Fee
~€88,600
  • Ref. #: 52992
  • Plot area: 513m²
  • Roof Garden

Introducing a prime real estate opportunity in the vibrant Zakaki district. This modern building, only 5 years old, offers a compelling investment with ten fully rented apartments, each featuring dedicated storage and a covered parking slot.
Property Features

Zakaki, an area experiencing rapid growth and development
Age: 5 years
10 apartments
Each apartment comes with one covered parking slot
Each unit includes dedicated storage space

Rental Details

All units are currently rented out under old rental agreements, yielding 13,000 euro per year, paid one year in advance
With updated rental agreements, the property has the potential to generate 16,000 euro per year
Current rental agreements conclude at the end of the year, offering flexibility for new terms and rates

  • Minucipality: Limassol - Zakaki
  • District: Limassol
  • €2 300 000
Price per m²
€4122/m²
Title Transfer Fee
~€88,600
  • Agency
  • R.N.:690 L.N.:367/E
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Total Monthly Payment: €9 576

Monthly Principal + Interest: €8 784

Loan-To-Value Ratio (LTV): 80%

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