Commercial for sale
Universal, Paphos, Cyprus
£3,403,438 *
[€3,900,000]
Full Description
The investment project involves the acquisition of a project under construction in the heart of the city of Paphos, just a few minutes' walk from the Kings Avenue shopping center, bars and restaurants, the old market and the beach.An ideal project with a yield of 8.4% per annum (IRR), with a payback period of 12 years.
The purpose of the construction of this project is to meet the high demand of consumers for renting inexpensive high-quality housing in conditions of an ever-growing level of visiting employees of the island's companies.
The house will be built using modern technologies and thoughtful design, with transport accessibility.
Participation in this investment project is a sufficient basis for obtaining a residence permit of the Republic of Cyprus.This amazing modern 4-storey residential complex consists of 7 apartments, six 2-bedroom and one 3-bedroom superior penthouse!
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