Ellados Student Halls Under Construction

Sold

Features:

  • 2 Showrooms
  • 28 Studios
  • Excess demand
  • Focal location
  • Fully licenced
  • Guaranteed return
  • Off-plan development
  • Student accommodation

Address:

Ellados and Leonidas Street, Limassol, Cyprus

Limassol

Description:

Two integrated properties; the soon-to-be accommodation infrastructure and the pre-existing listed heritage building to be remodelled into individual studios.

Purpose-build student accommodation that consists of 28 studios, plus 2 showrooms that overall amount to the total of 2,457 square meters, including the lower level parking-basement area.

Audience: Students and professionals longing direct access to the city’s vibrant business centre.

Location and Amenities

The project is located in Ellados Street, between Rio cinema and Katholiki church, adjacent to the ever-growing 'old’ Limassol town and Saripolou Street.

The old town belt is presently experiencing waves of regeneration benefits since the inception of the Technological University of Cyprus (TEPAK); just a short walk from the project premises.

Features

All building permits have been obtained – fully licensed

Formally submitted plan as to the erection specifications of the facility.

Exclusive Project Features

The only newly developed student accommodation project in Limassol - serving the purpose of accommodating several of 3,500 active university students currently undergoing a 3-year waiting list for current infrastructure.

Supply shortages are evident due to the lack in comparable and/or substitute infrastructure indicating to excess demand opportunities.

COVERED AREA COVERED VERANDA COMMON AREA TOTAL SQ.M.
SHOP 1  124.07 -  27.08  151.15
SHOP 2  60.04 -  13.10  73.14
GROUND FLOOR
1  44.25  6.22  9.66  60.13
2  46.09  6.71  10.06  62.86
3  41.90  6.10  9.15  57.15
4  44.22  6.22  9.65  60.09
5  31.39  6.43  6.85  44.67
6  31.25  8.18  6.82  46.25
7  88.39  19.31  19.29  126.99  
8-listed heritage  75.41  -  16.46  91.87  
1ST FLOOR
9  43.59  6.93  9.51  60.03
10  45.34  7.47  9.90  62.71
11  41.23  6.79  9.00  57.02
12  43.50  6.93  9.49  59.92
13  42.32  8.25  9.24  59.81
14  41.25  8.04  9.00  58.29
15  30.46  5.02  6.65  42.13
16  30.08  4.61  6.57  41.26
17  40.98  9.83  8.94  59.75
18  37.29  9.83  8.14  55.26
19  43.31  9.83  9.45  62.59
20  88.78  19.03  19.38  127.19  
2ND FLOOR
21  41.31  9.83  9.02  60.16
22  37.32  9.84  8.15  55.31
23  43.27  9.82  9.44  62.53
 1,237.04    191.22    270.00    1,698.26  
STORAGE/PARKING   759.25  
  TOTAL SQ.M.   2,457.52  
Click for more information on Cyprus and its rich and vast history.