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Global Properties

8 bedrooms Commercial property in Germasogeia, Cyprus No. 5355

$ 2 380 974
$ 2 995 per m²
8 Bedrooms
11 Bathrooms
795 Living space, m²
Germasogeia, Cyprus
Purple International
Purple International
Contact seller
Parameters
Bedrooms
8
Bathrooms
11
Living space, m²
795
ID
5355
Type
Commercial property
Land area, m²
519
Property description
This small block of four different 2-bedroom units in Limassol, has all the features that make it an ideal investment real estate.

The property is located in a quiet residential neighbourhood in Germasogeia, one of the prime areas in Limassol, only 2km from the nearest organized sandy beach. All everyday amenities from banks and supermarkets to shops and restaurants are less than 1km from the property. In addition, easy access to the highway makes it an ideal base for commuters or regular travellers, as it is midway between the two airports in Larnaca and Pafos, both around 50km away.

The 3-storey block is marked by its contemporary, simple lines and houses 2 duplexes across the ground and first floor, each with 2 ensuite bedrooms and an open-plan living area. The third unit is on the first floor, while the fourth unit is the penthouse on the second floor, with its vast uncovered veranda. As such, the property offers a variety of 2-bedroom configurations to suit different purposes and preferences.


Every aspect of design, construction and finishing is geared towards comfort in an urban Mediterranean environment: Elegant entrance lobby, bright interiors, cool superior finishing materials, double glazed windows, ample fitted kitchen cabinets and appliances as well as bedroom wardrobes. Solar heating and split unit air-conditioning are also fully installed. For each unit there is a designated underground parking space, and the building provides an additional ground floor parking spot for the disabled. A communal roof terrace on the third floor offers residents a place to meet and enjoy the uninterrupted sea view, and a cool escape for evenings under the stars.

Seen as a whole, this is an investment proposition with vast potential. Whether for own use for an extended family, or for short- or long-term rental revenue, Easymal will appeal to both the local and expatriate market. It is particularly recommended for buyers seeking eligibility for the residency by investment scheme.
Features
Location
  • Fast exit to the highway
  • City view
Features
  • Plastic windows with double glazing
  • Balcony
  • Solar panel for water heating
  • Air Conditioners
  • Kitchen Appliances
  • Unfurnished
  • Built-in closet
  • Modern design
Indoor facilities
  • Lavatories
  • Storage room
  • Elevator
  • Covered parking
Outdoor features
  • Transport accessibility
Statistics Germasogeia
$ 5 563
Price per m²
160
Quality of Life Index
63
Cost of living Index
Parameters
[:second_city:]
Limassol
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 616
2-Room Apartment
$ 1 337
Apartment Purchase Price per m²
In the City Center
$ 5 563
Outside the City Center
$ 4 462
Crime Index
39
Cost of Living and Rent Index
51
Purchasing Power Index
110
Property Price to Income Ratio
9
Safety Index
61
Traffic CO₂ Index
3676
Traffic Inefficiency Index
116
Rent Index
37
Health Care Index
51
Groceries Index
56
Pollution Index
60
Traffic Commute Time Index
23
Restaurant Price Index
71
Climate Index
96
Cost of Living Index
63
Quality of Life Index
160
Traffic Index
99
Restaurants
Meal, Inexpensive Restaurant
$ 23.42
Meal for 2 People, Mid-range Restaurant, Three-course
$ 81.97
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.37
Domestic Beer (0.5 liter draught)
$ 4.68
Imported Beer (0.33 liter bottle)
$ 5.85
Coke/Pepsi (0.33 liter bottle)
$ 2.11
Water (0.33 liter bottle)
$ 1.21
Cappuccino (regular)
$ 4.15
Markets
Milk (regular), (1 liter)
$ 2.04
Loaf of Fresh White Bread (500g)
$ 2.13
Eggs (regular) (12)
$ 4.36
Local Cheese (1kg)
$ 13.36
Water (1.5 liter bottle)
$ 1.13
Bottle of Wine (Mid-Range)
$ 9.37
Domestic Beer (0.5 liter bottle)
$ 1.79
Imported Beer (0.33 liter bottle)
$ 2.83
Cigarettes 20 Pack (Marlboro)
$ 6.18
Apples (1kg)
$ 3.46
Chicken Fillets (1kg)
$ 9.31
Oranges (1kg)
$ 2.78
Potato (1kg)
$ 1.91
Lettuce (1 head)
$ 1.21
Rice (white), (1kg)
$ 3.18
Tomato (1kg)
$ 3.36
Banana (1kg)
$ 2.33
Onion (1kg)
$ 1.76
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 14.44
Transportation
One-way Ticket (Local Transport)
$ 2.34
Monthly Pass (Regular Price)
$ 46.84
Gasoline (1 liter)
$ 1.68
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 29 275
Taxi Start (Normal Tariff)
$ 8.20
Taxi 1km (Normal Tariff)
$ 2.25
Taxi 1hour Waiting (Normal Tariff)
$ 35.13
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 32 339
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 229
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 35.95
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 24.83
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 2 876
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
4%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 95.75
Tennis Court Rent (1 Hour on Weekend)
$ 31.98
Cinema, International Release, 1 Seat
$ 11.71
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 99.10
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 55.75
1 Pair of Nike Running Shoes (Mid-Range)
$ 114
1 Pair of Men Leather Business Shoes
$ 134
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 691
International Primary School, Yearly for 1 Child
$ 10 152
Purple International
Purple International
Contact seller
Purple International
Purple International
Contact seller

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