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
2026-03-01T11:28
119388
Schedule a viewing
Similar offers
316 objects Show all
https://dom.com.cy/upload/resize_cache/uf/9e7/1088_820_2/jzqrxmn0xln9v9ptlpfvvfnlnqbovqnn.jpeg
№ 200031
https://dom.com.cy/upload/resize_cache/uf/6fc/1088_820_2/1a9y0ldi1umfmxfni24zf0tot8ezwlnk.jpg
№ 195809
First line
https://dom.com.cy/upload/resize_cache/uf/0b1/1088_820_2/l7fdznkp96esd15xkbduj3lokc3xznbg.jpeg
№ 195259
Prime location
https://dom.com.cy/upload/resize_cache/uf/63f/1088_820_2/htm5o1vh376qtginu96nutd199zrijn7.jpeg
№ 195041
Ready company
Previous viewed objects
https://dom.com.cy/upload/resize_cache/uf/3b4/1088_820_2/7nkyw38rdudtpgiyb23rabnqxpdeazv8.jpeg
№ 195366
Total area: 169 m2
Bedrooms: 3
Plot Size: 165 m2
505 000 EUR+VAT
2 988 EUR/m2
https://dom.com.cy/upload/uf/22c/r0lt32a8bdvq1euq8zksp6mt0m5dig8n.jpg
№ 177170
Total area: 86 m2
Bedrooms: 1
1 950 EUR
23 EUR/m2
https://dom.com.cy/upload/resize_cache/uf/d43/1088_820_2/09iie3mjzkoik4n35sr7ouf6a0crs1gr.jpg
№ 160777
Total area: 183 m2
Bedrooms: 3
Plot Size: 481 m2
544 000 EUR+VAT
2 973 EUR/m2
https://dom.com.cy/upload/uf/5f6/wbjjf18kp8aidybm5zgpqs4ud9xbw09g.jpg
№ 153255
Total area: 97 m2
Bedrooms: 1
620 000 EUR+VAT
6 392 EUR/m2
Interesting