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For Sale Building In Agia Paraskevi For &Amp;#8364;1,800,000
Description
For Sale Building in Agia Paraskevi for €1,800,000
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. The price is 1.8 million euros.
Communal swimming pool
VAT is not Applicable
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Price: $2,000,000
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Blu Sky Cyprus
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