Apartment building in germasogeia tourist area
- Reference number: 2024-5840
- Condition: Resale
- Plot area: 1432 m²
- Property area: 1277 m²
- Included: Garden, Elevator, Balcony
- Online viewing: Νο
- Construction year: 1998
- Energy Efficiency: N/A
- Square meter price: €3.289 /m²
The Property House proudly presents this prime investment opportunity: an apartment building located in the highly sought-after "tourist area" of Germasogeia. The property is strategically positioned within walking distance to the beach and a variety of amenities including supermarkets, shops, restaurants, and offers easy access to the highway.
Property Details:
Plot Size: 1432 m²
Condition: Requires full renovation
Potential Use: Ideal for both long-term and short-term rentals
Apartment Breakdown:
One Bedroom Apartments:
9 units with a covered internal area of 53 m² (each with a covered veranda)
3 units with a covered internal area of 54 m² (each with a covered veranda)
Studio Apartments:
6 units with a covered internal area of 39 m² (each with a covered veranda)
6 units with a covered internal area of 36 m² (each with a covered veranda)
1 unit with a covered internal area of 38 m² (no veranda)
5 units with a covered internal area of 30 m² (no veranda)
This property presents a fantastic opportunity for investors looking to capitalize on the thriving rental market in a prime location. The potential for high returns through both renovation and strategic rental management makes this an attractive proposition.
For more information, please contact us!
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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