Building - Ref. No. PL41056
For Sale €3,500,000
€3,500,000
Germasogeia Tourist Area
Building
2 Bedrooms
551 m² Covered
616 m² Plot


Features
Airport: 30 min drive
Beach: Walking distance
Fully Furnished
Gym
Private Parking/ Car Port
Town or Village: 5 min drive


Description
Being a hotel in its core the project provides within it a hotel apartment permit to apply as a business venture to attract the numerous tourists that visit Limassol every year. By acquiring the building re-enforced and in a tip top condition the option to re-sell becomes a valid way to gain future profits instantly. Be it by separate apartments or the project as whole, you can feel assured of a healthy return! The investment in real estate is the preferred route of the majority of the applicants for a Cypriot Passport / EU Citizenship. 3 bedroom penthouse for investor’s residence, 3 one bedroom flats (one per floor), 3 two bedrooms flats (one per floor), Total plot area 551m², Total build area 616 m². All apartments is fully furnished. VAT is charged only for penthouse.