Industrial buy in Limassol Lemesos

Limassol's first private student accommodation building is now FOR SALE. It is ideally located in Limassol's city center. The project was completed in 2012 and is composed of 12 fully furnished spacious apartments that offer state-of-the art living to those who wish to live in the heart of the city. The building is currently 100% leased to university students and young professionals, with yearly contracts and with possible contract extensions. Each apartment features: Free Internet Access/ Laundry Room/ TV/ Smoke Detector/ WC/Shower/ Private parking space / Electrical appliances / Communal Roof Garden/ Air Condition (warm & cold) / Magnetic card access system/ Solar water heater/ Gym ,Free bicycle & helmet for every resident/ CCTV System in all communal areas. The building enjoys a key location in the heart of the city centre and is one of the very few projects that can fulfill a modern lifestyle It is 2 mins drive from Limassol Marina ( 6 mins. Walking distance), 4mins drive from the Cyprus University of Technology (est.2007) - CUT (10 mins. Walking distance), 4mins drive from Limassol’s shopping district (10 mins. Walking distance), 4mins drive from Limassol’s historical center where all nightlife and cafeteria venues are located (10 mins. Walking distance) In the area where the 2nd phase of the CUT’s development will take place (2014-2020) where it is expected that the number of students will reach 7000-8000 (today the number of students is app. 2000-3000).   The building also has a steady stream of income from short term / holiday lettings.