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Description : One year old, luxurious
and spacious (65
sq.m)
one bedroom apartment .
The flat is on the first
floor
of a low rising building in
Limassol's
main tourist area.
Located near 5* hotels and
only 2 minutes (200m) from the beach
is ideal for holiday rentals.
Features include common
swimming pool, parking, side
sea view, modern luxury kitchen with fitted
oven, cooker, refrigerator, 2 A/C units, fully
furnished with quality furniture.
Investment
plan : You purchase this flat for £55K. You put
£15K and the remaining £40K is mortgaged for 25 years.
Your monthly instalment will be around £280. The
rental income is around £400. This means
an annual rental return
of 8.8% and
an annual
income of
£1440! In addition to this, you will also have the
annual appreciation
which is estimated to be more than
20%.
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