1. PARKSIDE RESIDENCE II
Parkside Residence occupies an area of 1068 m2 adjacent to the park. Modern 3-storey building offers 8 spacious one-, two-, three- and four-bedroom apartments and penthouses with private pools and saunas on the roof. The communal area includes a gym, an electric vehicle charging station and green areas. Each apartment has a storage room and a covered parking space, penthouses have 2 parking spaces. The apartments offer beautiful views of the sea, the park and the city.
Location: Linopetra, Limassol
Distance to the sea: 700 m
Advantages:
- tourist area
- walking distance to urban infrastructure facilities
- controlled access to the complex
- gym (87 sqm), covered parking space and storage room for each apartment
- electric vehicle charging station
- penthouses with private pools
Project status:
Start of construction - September 2022
End (planned date) - October 2023 (+3 months - unforeseen circumstances)
Offer for the investor:
1. Minimum investment in 1 lot: $350,000 (69.72 sq.m.)
2. Maximum investment in 1 lot: $1,650,000 (380 sq.m.)
Option No. 1 - purchase of real estate for obtaining permanent residence (investment from 300,000 euros): 20% prepayment + 6 annuity payments in relation to the construction schedule (the transition between the stages of payments is made after the provision of a draft act of completed work with a photo fixation of the scope of work and an invoice to a licensed GUI payment for a new stage.
Option number 2 - buying property for rent:
Starts after the implementation of Option #1
After putting the object into operation, a long-term contract for the management of the property (lease) is signed with the client for a period of 3 years (automatic renewal of the contract after the end of the term is provided)
Fixed income for the investor for the entire period of the facility management agreement - 4% per annum
Option No. 3 - Equity financing of the entire development project:
Financing from 50% of the budget of the entire project
Project life cycle (construction + real estate sale program) - 1.5 years
Profitability - 20% on invested capital
Detailed information available upon request
2. URBAN CITY RESIDENCES
Property type: bedroom apartment
Investment stage: secondary sale
About the house: 3 multi-apartment buildings in the complex 10 apartments in each building
Location: Limassol, Mesa Geitonia area, close to Ajax hotel
Distance to the sea: 1000 m
Walking distance to urban infrastructure facilities
Large verandas with beautiful city and sea views
Storage room and parking space for each apartment on the underground level.
The complex has only 30 apartments (10 in each block) with large verandas, separate storage and parking spaces, as well as a developed internal infrastructure, including a 17x5m swimming pool, landscaped garden, children's playground, gym and controlled entrance to the territory, provide a cozy and comfortable stay.
Characteristics of the apartment:
Total covered area: 121 m²
Covered veranda: 26 m²
Parking: 1
Floor: 5th floor of 5 storey building, city view
Year of construction: 2021
2 bedrooms
2 bathrooms
guest toilet
Open plan living room and kitchen
Repair:
- sound and heat insulated windows with double glazing
- Bosch household appliances
- Mitsubishi underfloor heating water system
- built-in Mitsubishi vrv system
- built-in Italian kitchen Ssavolini
- Italian tiles in the living room, kitchen and bathrooms Atlas concorde
- German laminated parquet Kronotex (thickness 10 mm) in the bedrooms
- Italian built-in wardrobes Colombini casa
- Italian bathroom furniture sets Falegnameria adriatica
- plumbing of the Portuguese brand Bruma
- solar and electric water heating systems
- armored fireproof entrance door fire resistance 60 min
Offer for the investor:
The apartments are rented out on a long-term basis. The current lease agreement ends on 14.03.2023
Associated costs: complex management fees (€200 per month), council tax (€180 per year), utility bills are paid by the tenants.
Fixed investor return: 4.7% per annum
Price: €630,000
Detailed information available upon request
