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Description

2 storey luxury modern and exclusive development in an exclusive residential area.

The building is 4 - 5 years old in excellent condition. The building consists of only 4 luxury flats with lift, two with garden with automatic irrigation system and two with roof gardens (Approximately 45 sqm).

The 3 bedroom flats have 100 sqm private garden and the 2 bedroom flats on the roof which can be easily upgraded with pergola-kiosk, BBQ and Jacuzzi. With small additions one can increase the price much higher for future investment. All facilities on the roof such as water and electricity are available. There is parking place for 2 cars and big private stores for each apartment

All apartments are rented at a very good price with a total monthly income of 3600 euros. The rent is guaranteed throughout the year due to the excellent location of the building. VAT is not applicable since the apartments are rented.

IMPORTANT NOTE: Also a very important factor which tremendously upgrades the value of the building is that one can develop another floor of approximately 140 sqm covered area and 71 sqm veranda area. One can develop a modern 3 bedroom luxury penthouse or 2 x 2 bed luxury flats.

Architectural plans at http://www.chariklis.com/properties/page/luxury-modern-building-ayios-athanasios

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Listing location

Cyprus, Limassol District, Agios Athanasios
71 A Georgiou Avenue, Le Bois Court

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