Homeing was the first of a series of small units that we have secured and redecorated. Located just south of Makarios street, in one of the most prime locations of Limassol. The property required some uplifting and a redecoration to unlock value. Our team has managed to completed the project in less than a month securing a successful exit within the first two month post completion.
Location: Manoli Kalomoiri (Tulip Court)
Strategy: Property Secured on a long lease with sublease rights and call option
Renovated and sublet to private individual for a 75% markup. Sold for 33% higher than strike price of call option in 2 months post renovation.
Internal Area: 85sq.m.
Roof Terrance: 25sq.m.
Project completed in 2 months and fully rented and sold during renovation.