№ 2,552,490
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Investment project 131 m² in Limassol

700,000 €
5,343 € /m²
  • Total area 131 m²
  • Yield —
  • Lease term —
  • Constructed  1988
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    Key project parameters
    Total area
    131 m²
    Number of parking lots
    4
    Floors
    3
    Constructed 
    1988
    Project description

    MIXED-USE BUILDING FOR SALE – CENTRAL LIMASSOL. € 700,000 | TITLE DEEDS AVAILABLE | CURRENT GROSS YIELD: 5.69% An excellent investment opportunity in a central and convenient area of Limassol, offering a combination of residential and commercial units within the same building. The property provides multiple rental income streams and also offers the flexibility for an owner-occupier to live in one of the apartments while generating income from the remaining units. LOCATION 15-minute walk to Archbishop Makarios III Avenue 7-minute drive to Limassol Marina 9-minute drive to Cyprus University of Technology Close to shops, supermarkets, restaurants and everyday amenities Quiet residential setting away from the main roads THE BUILDING 1st Floor – 3-Bedroom Apartment | 108 m² 3 bedrooms 2 bathrooms Spacious living room Bright balcony with front and rear views Private parking space Mezzanine – 2-Bedroom Apartment | 57 m² 2 bedrooms 1 bathroom Kitchen Spacious living room Bright interiors with side and rear views Private parking space Ground Floor – 2 Commercial Shops | 66 m² Shop 1: 35 m² + mezzanine Shop 2: 31 m² + mezzanine Each shop has its own bathroom The 35 m² shop benefits from a rear door providing access to the parking area Front parking available PROPERTY DETAILS Plot area: 242 m² Total covered area: 231 m² Parking areas are additional and are not included in the 231 m² 3 parking spaces: 2 covered + 1 uncovered Title deeds available DEVELOPMENT POTENTIAL The property offers the possibility of constructing an additional floor, subject to the applicable planning and building regulations and the necessary approvals. With a combination of residential and commercial rental income, dedicated parking and future development potential, this property presents an attractive investment opportunity in Limassol. CURRENT GROSS YIELD: 5.69%

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