Submit a request

Building for Renovation with Excellent Rental Potential in Limassol Project №119388

119388
https://dom.com.cy/upload/resize_cache/uf/d03/1920_1080_2/31xq6vr593flvttlthaushymace4i4do.jpg
Additional:
Parking
Storage
Elevator
Description:

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.

Read more
Object
№119388
Type:
Commercial
City:
District:
Complex:
Developer:
Total area:
1276 m2
Storey:
3
Year of construction:
1989
Distance to the sea:
1400 m
Payback:
13 years
ROI:
8%
1 580 000 EUR
1 238 EUR/m2
2025-11-11T21:54
119388
Schedule a viewing
Similar offers
284 objects Show all
https://dom.com.cy/upload/resize_cache/uf/a33/1088_820_2/rt010464n5yk4l2kp7bybth900xfhxvf.jpeg
№ 178250
Turnkey business
https://dom.com.cy/upload/resize_cache/uf/e2f/1088_820_2/sif8sozqyw35obnl2cqix4cdexz1ohj5.jpg
№ 177083
Crypto payment friendly
https://dom.com.cy/upload/resize_cache/uf/547/1088_820_2/vtyi88vmkffjzl4szfaute8ogtu8zvo9.jpg
№ 176111
ROI (rent): 7.5%
2 560 000 EUR+VAT
3 282 EUR/m2
https://dom.com.cy/upload/resize_cache/uf/cda/1088_820_2/hv2p3bqcqmuzpnllgif26vrawlngswux.jpeg
№ 175167
Qualifies for Permanent Residency Program
Previous viewed objects
6 objects Show all
https://dom.com.cy/upload/resize_cache/uf/c08/1088_820_2/btym7on639zk2xi33lxbgby5zd5qy230.jpg
№ 163935
Total area: 220 m2
Plot Size: 250 m2
120 000 EUR
545 EUR/m2
https://dom.com.cy/upload/uf/bd7/iekvobq5z7mk3h7119ac093bio4vssd6.jpeg
№ 161853
Total area: 200 m2
Bedrooms: 2
225 000 EUR
1 125 EUR/m2
https://dom.com.cy/upload/resize_cache/uf/ad4/1088_820_2/406sqlq1m0hs2t4t4mc0eoyxjou64dbo.jpg
№ 161185
Total area: 258 m2
Bedrooms: 3
Plot Size: 227 m2
672 000 EUR+VAT
2 605 EUR/m2
https://dom.com.cy/upload/uf/769/gipitbtc9qvrtdjwltxp27e7ybc2ng2l.jpg
№ 160519
Total area: 135 m2
Bedrooms: 3
Plot Size: 338 m2
630 000 EUR
4 667 EUR/m2
Interesting