Building for Renovation with Excellent Rental Potential in Limassol Project №119388
We are excited to present this unique opportunity to invest in a building with significant potential for high rental returns and capital appreciation after renovation.
Basement:
Size: 300 m2
Potential Use: 8 parking spaces and a possible storage area.
Ground Floor, current Layout:
Two shops totaling 223 sqm. Additional Space: 180 sqm mezzanine.
Second & Third Floors:
Current Layout: Four three-bedroom apartments (114 sqm each).
Proposed Renovation Plan:
Convert the current three-bedroom apartments into:
Six one-bedroom apartments, Six two-bedroom apartments.
The renovated building will include six one-bedroom and six two-bedroom apartments, perfectly tailored for rental demand.
Prime potential for rental income in a highly sought-after location. Significant capital appreciation after renovations.
Flexible property layout, ideal for long-term leasing or short-term rental models.
This is an exceptional opportunity for investors seeking a property with a clear path to maximizing returns through renovation and optimized use of space.
For more details about this exciting investment opportunity or to schedule a viewing, please don’t hesitate to get in touch.