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Investment in Moniatis, Limassol

Asking
£ 2,716,800 | USD $ 3,502,720

Bedrooms:
Bathrooms:
Type: Land-Plot
Size: Floor: 6000 m2
Sale Type: Resale

Advert last updated: 7/10/2020
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Agent/Owner:
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Ideal Homes Cyprus Ltd
Andrea Razzi
Location: Cyprus
Speaks: English, Italian,Russian
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Investment in Moniatis, Limassol

Description
Investment Project in Moniatis, Limassol
1. Project characteristics
Plot description:
The site covers an area of 73881 square meters in total, all falling within the planning zone of the Limassol District Council. After the division of the land there will be 44 building plots averaging 900m2 in size.
The co-efficient in the area is 15%, cover percentage 10% ,2 storey-building and 8.30 meters height.
2. FINANCIAL PARAMETERS
* Selling revenue The present total selling revenue for the houses is expected to be in excess of €22 million.
* Price for the land Is estimated to be €3.2 million.
* Price for the division of the land into plots Is estimated to be €500,000.
* Cost of development The total construction cost of this development is expected to be around 6 million.
Sales € 22,000,000
Purchase of Land € 3,200,000
Division of Land € 500,000
Construction cost € 6,000,000
Expected profitability € 12.300,000 gross
Property TypeInvestment
Covered Area6000m 2
Plot73881
Indoor Facilities
Outdoor Facilities

Notes:
Map / Location:    location_on Map Similar Properties

Exact location not provided - showing map of "Moniatis" Cyprus

Details:
Address:
Postcode:
City: Moniatis
Region: Limassol
Area: Southern Coast
Country: Cyprus
Main Features:
Size: 6000 m2
Plot:
Date Built:
Airconditioning:
Central Heating: