3-bedroom Apartment Fоr Sаle

Description

The Residences 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 via Omirou Commercial Street.

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.

The Residences presents a lucrative investment opportunity with strong rental yields and the potential for significant value appreciation in a growing neighbourhood.

Reference number: 181498
Property area: 96 m2
Type: Apartment
Floor: 3rd
Parking: Covered
Condition: Under construction
Furnishing: Unfurnished
Included: Elevator
Online viewing: No
Air conditioning: Full, all rooms
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €5.719 /m2
Bathrooms: 2: