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  • €1,800,000
    •
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    CHECK IF AVAILABLE
  • Apartment / Flat
  • For Sale 
  • Yermasoyia
  • cyprus Flag Cyprus
Residential building of 27 studio holiday apartments in Germasogia. Plot size 2397m2 consisting of 2 blocks. 24 studios on the first and second floor. At the ground floor there are 3 more studios reception dining area guests toilets and managers office. Internal area 958m2 plus verandas. Built in 1995 need some renovation. Provision for swimming pool covered parking s. Attached there is a plot of 602m2 with density 25% and coverage 40% that it can be used as an extension of the business. In summer period with full capacity and 65 70% in wintertime. Also he rent 4 studios as long term. After renovation with some calculations the studios can be rented out 600 650 for long term with a profit 9% 10% on the investment. 

Building (sqm):958
Plot (sqm):3000
REF:B 70102
Residential building of 27 studio holiday apartments in Germasogia. Plot size 2397m2 consisting of 2 blocks. 24 studios on the first and second floor. At the ground floor there are 3 more studios reception dining area guests toilets and managers office. Internal area 958m2 plus verandas. Built in 1995 need some renovation. Provision for swimmin...
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