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Mercury Group
Residential building for sale in germasogeia, limassol
- Cyprus, Limassol, Germasogeia
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Property description
ID: CY-38-156359
- Cyprus, Limassol, Germasogeia
Object type
Commercial apartment building
Bathrooms
11
Area
792.00 m2
Category
For sale
Price per m2
€ 3 157
Price
€ 2 500 000
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This small block of four different 2-bedroom units in Limassol, has all the features that make it an ideal investment real estate.
The property is located in a quiet residential neighborhood in Germasogeia, one of the prime areas in Limassol, only 2km from the nearest organized sandy beach. All everyday amenities from banks and supermarkets to shops and restaurants are less than 1km from the property. In addition, easy access to the highway makes it an ideal base for commuters or regular travelers, as it is midway between the two airports in Larnaca and Pafos, both around 50km away.
The 3-storey block is marked by its contemporary, simple lines and houses 2 duplexes across the ground and first floor, each with 2 ensuite bedrooms and an open-plan living area. The third unit is on the first floor, while the fourth unit is the penthouse on the second floor, with its vast uncovered veranda. As such, the property offers a variety of 2-bedroom configurations to suit different purposes and preferences.
Basic parameters:
Bathrooms:
11
Location on Map
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Limassol, Germasogeia
Object type
Commercial apartment building
Bathrooms
11
Area
792.00 m2
Category
For sale
Price per m2
€ 3 157
Price
€ 2 500 000
Currency calculator
From
To
What you should know, purchasing a property in Cyprus
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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