for Sale in Agios Nikolaos, Limassol District

MIXED-USE BUILDING FOR SALE – CENTRAL LIMASSOL.
€700,000 | TITLE DEEDS AVAILABLE | CURRENT GROSS YIELD: 5.69%
An excellent investment opportunity in a central and convenient area of Limassol, offering a combination of residential and commercial units within the same building.
The property provides multiple rental income streams and also offers the flexibility for an owner-occupier to live in one of the apartments while generating income from the remaining units.
LOCATION

15-minute walk to Archbishop Makarios III Avenue
7-minute drive to Limassol Marina
9-minute drive to Cyprus University of Technology
Close to shops, supermarkets, restaurants and everyday amenities
Quiet residential setting away from the main roads

THE BUILDING
1st Floor – 3-Bedroom Apartment | 108 m²

3 bedrooms
2 bathrooms
Spacious living room
Bright balcony with front and rear views
Private parking space

Mezzanine – 2-Bedroom Apartment | 57 m²

2 bedrooms
1 bathroom
Kitchen
Spacious living room
Bright interiors with side and rear views
Private parking space

Ground Floor – 2 Commercial Shops | 66 m²

Shop 1: 35 m² + mezzanine
Shop 2: 31 m² + mezzanine
Each shop has its own bathroom
The 35 m² shop benefits from a rear door providing access to the parking area
Front parking available

PROPERTY DETAILS

Plot area: 242 m²
Total covered area: 231 m²
Parking areas are additional and are not included in the 231 m²
3 parking spaces: 2 covered + 1 uncovered
Title deeds available

DEVELOPMENT POTENTIAL
The property offers the possibility of constructing an additional floor, subject to the applicable planning and building regulations and the necessary approvals.
With a combination of residential and commercial rental income, dedicated parking and future development potential, this property presents an attractive investment opportunity in Limassol.
CURRENT GROSS YIELD: 5.69%