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761m² Building for Sale in Limassol - Mesa Geitonia

  • 5+
  • Under Construction
  • 761m²
  • €2 650 000
  • + VAT
Price per m²
€3482/m²
VAT
Not Included in Price
VAT for this property is €430,373 (Reduced 5% rate) or €503,500 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
INDEX AI found 3 similar listings.
  • Ref. #: SA36636
  • Plot area: 525m²
  • Total Number of Floors: 3

Reference ID: #SA36636Price details: €2,650,000 +VATInvestment opportunity, a premium residential development strategically located in the heart of Limassol, just moments away from the city business center, the beach, and a wealth of amenities.Project is situated in a rapidly developing area of Limassol, ensuring strong rental demand from professionals, expatriates, and families, perfect for people aiming to avoid traffic and have a hassle-free transportation. Its proximity to the city business centre, Makarios Avenue (the main city avenue), and the beach enhances accessibility, while amenities like shopping centres, restaurants, schools, and healthcare facilities are within walking distance.A three-floor development with a total of seven flats for sale, covering a combined area of 761 sqm on a 525 sqm plot of land. The building features six two-bedroom flats and one one-bedroom flat, designed to cater to the high-demand rental market of Limassol.*Notably, the second and third floors can be extended to transform the two-bedroom flats into three-bedroom units, maximizing rental income and value.Rental Income Potential:1st Floor: Two 2-bedroom flats at €2,200 each and a 1-bedroom flat at €1,800.Second Floor: Two 2-bedroom flats at €2,800 each. (Can be extended into 3- bedroom flats)Third Floor: Two 2-bedroom flats at €3,000 each. (Can be extended into 3- bedroom flats)Annual Rental Income:1st Floor: €6,200/month = €74,400/yearSecond Floor: €5,600/month = €67,200/yearThird Floor: €6,000/month = €72,000/yearTotal Annual Rental Income: €213,600With a selling price of €2,650,000, this results in a projected annual return on investment (ROI) of approximately 8.00%, not considering potential property value appreciation in this highly desirable area.This is a rare opportunity to invest in a property that combines strong rental yields with significant growth potential.

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  • €2 650 000
  • + VAT
Price per m²
€3482/m²
VAT
Not Included in Price
VAT for this property is €430,373 (Reduced 5% rate) or €503,500 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
INDEX AI found 3 similar listings.
  • Agency
  • R.N.:1109 L.N.:317/E
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Other Listings of This Property

0
  • €265 000
  • +VAT
  •   €5300/m2
  • 50m²
  • 1
  • 1
  • Brand New
  • Yes, Covered
  • 19050
We are excited to present you with an exclusive investment opportunity – this a premium residential development strategically located in the heart of Limassol, just moments away from the city business center, the beach, and a wealth of amenities. The project is a three-floor development with a total of seven flats, covering a combined area of 761 sqm on a 525 sqm plot of land. The building features six two-bedroom flats and one one-bedroom flat, designed to cater to the high-demand rental market of Limassol. *Notably, the second and third floors can be extended to transform the two-bedroom flats into three-bedroom units, maximizing rental income and value. **Prime Location The project is situated in a rapidly developing area of Limassol, ensuring strong rental demand from professionals, expatriates, and families, perfect for people aiming to avoid traffic and have a hassle-free transportation. Its proximity to the city business centre, Makarios Avenue…
  • Agency
INDEX AI found 3 similar listings.
0
  • €265 000
  • +VAT
  •   €5300/m2
  • 50m²
  • 1
  • Brand New
  • Yes, Covered
  • 26341
For sale: Off-plan one-bedroom apartment in Mesa Geitonia, offering a comfortable 50 m² of internal living space. This modern home is designed to maximize both style and function, featuring an open-plan layout ideal for relaxing or entertaining. Enjoy beautiful city views from your living room, thanks to large windows that fill the space with natural light. The apartment includes access to an elevator, making it easy and convenient to reach your home. The building’s contemporary architecture and high-quality finishes reflect the growing urban lifestyle found in Mesa Geitonia. Mesa Geitonia is a vibrant and dynamic area, known for its convenient location close to shops, restaurants, schools, and public transport. It offers a blend of residential calm and city energy, making it popular with professionals and families alike. This off-plan opportunity allows you to secure a modern city apartment at an attractive price. For more information and to arrange a viewing,…
  • Agency
INDEX AI found 3 similar listings.
0
  • €270 000
  •   €4737/m2
  • 57m²
  • 1
  • 1
  • 2026
  • 1 / 3
  • Yes, Covered
  • 237279
One-Bedroom Apartment with Panoramic Views in a Peaceful Urban Setting – Agios Athanasios, Limassol This one-bedroom apartment is the ideal blend of modern simplicity and everyday comfort, located in a quiet residential neighborhood of Agios Athanasios. With direct access to the highway and just 1 km from the city center, the location provides a perfect balance between tranquility and urban convenience. The apartment features an open-plan kitchen, dining, and living area that opens onto a private balcony with sweeping views of the sea and surrounding mountains. The spacious bedroom is designed with comfort and natural light in mind, while the bathroom is finished with high-quality sanitary ware from top European brands. Thoughtful details such as electric heating and A/C provisions, double-glazed windows, and provision for electric shutters in the bedroom ensure year-round functionality and energy efficiency. A private storage room and covered garage parking are included, with elevator access and…
  • Agency
INDEX AI found 3 similar listings.

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