Limassol property offers best yields, Larnaca...
© FinancialMirror 2023
Limassol property offers the highest yield for renting out an apartment, generating returns between 6.85% and 7.80%, while Larnaca has the highest growth prospect, according to a local real estate agency study.
Charalambos Pitros, Managing Partner at Zyprus Property Group, MRICS, told the Financial Mirror that renting an average one-bedroom apartment in Limassol offers a 7.8% yield.
And renting out a two-bedroom flat would fetch a 6.85% yield on investment.
Average rent for a one-bedroom apartment in Limassol is €1,300 per month, while...
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Article automatically added to our system on Wednesday, September 20, 2023
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