8 Bed Property for sale
Limassol, Cyprus
£1,479,934 *
[€1,700,000]
Full Description
Four-Storey Investment Building with 8 Apartments and Shop for Sale in Agios Spyridon, Limassol
The building is located in Agios Spyridon offers a vibrant and convenient central residential experience, blending a relaxed neighborhood feel with effortless access to Limassol's modern lifestyle. Positioned just minutes away from major attractions like the Limassol Marina, the sandy shores of Lady's Mile Beach, and the shopping and entertainment at MyMall and the City of Dreams Mediterranean Casino, residents enjoy the ultimate balance of comfort and connectivity
Build year - TBC
Separate title deed available
VAT not applicable - resale
Property Features:
Floors levels – 4
Apartments – 8
Shop – 1
Property Area – 736 m²
Plot Area – 371 m²
Covered Parking – Yes
Energy Efficiency – D
Specifications:
Elevator
Storage room
Annual Rental Income – €60,000
Project features:
The building is arranged over four floors and includes eight apartments together with a shop at ground level. Its mixed-use configuration provides both residential and commercial rental accommodation, making it suitable for investors looking for an established property with multiple income-generating units.
The property is currently rented and produces approximately €60,000 per year in rental income. The existing rental arrangement provides an immediate income-generating opportunity, while the building's multiple units offer diversification compared with a single-tenancy property.
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