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Residential Building in Columbia Area

€ 2,930,000 + VAT
150
OFF PLAN

Overview

  • Updated On:
  • April 22, 2024
  • Property ID
  • 100000
  • Year Built:2026

Property Description

Residential Building comprised of 8-apartments with submitted planning permit in the prestigeous Columbia, Germasogeia Area.

The buildings sits in very close proximity to the main high street, with easy access to the main highway.

4 x Two-Bedroom Apartments

2 x One-Bedroom Apartments

2 x Two-Bedroom Penthouses (with private roof gardens)

Rental Yield (Open Market) = 9% (Annual rental income estimate = €262.800)

Rental Yield (Guarantee) = 6.9% (Annual rental income estimate = €202.200)

Estimated Valuation on Building Completion: 4,000,000

NO VAT or TRANSFER FEES are applicable!

Property Id : 100000
Price: € 2,930,000 + VAT
Year Built: 2026
Parking: 9
Covered Area: 522
Covered Veranda: 135
Total Covered Area: 574
Common Area: 52
Uncovered Area: 54
ID: OF186S
Distance to sea m: 900
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