3-bedroom Penthouse Fоr Sаle
Description
Reference ID: #SA34908Price details: €525,000 +VATBuilding is situated in Limassol's city center, just a 15-minute walk from the beach.The development includes one, two, and three-bedroom units, as well as stylish penthouses.This prime location supports both high demand for short-term and long-term rentals with strong potential for capital appreciation.Market Insights:Open Market Rentals:* 1-Bedrooms: €2,000 - €2,200 per month.* 2-Bedrooms: €2,700 - €2,900 per month.* Rental Growth: The area has seen a 45%+ increase in rental rates over the past three years, indicating strong market trends for continued growth.* Value Appreciation: The neighborhood is thriving, with significant potential for property value appreciation.Location Benefits:* Proximity to Amenities: Close to shopping, dining, entertainment, and excellent public transport links.* Accessibility: Easy access to the motorway Investment Highlights:* High Demand: Central location ensures high demand for both long-term and short-term rentals.* Yield Potential: Competitive off-plan pricing with a promising high yield and return on investment.Project presents a lucrative investment opportunity with strong rental yields and the potential for significant value appreciation in a growing neighbourhood.Covered area: 96 sq.m.Covered veranda: 25 sq.m.Roof garden: 36 sq.m.PLUS V.A.T
Reference number: SA34908
Property area: 121 m2
Type: Penthouse
Floor: 3rd
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Storage room, Balcony
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €4.339 /m2
Bathrooms: 2: