1400m² Building for Sale in Limassol District
- ID: 3144268
- Posted: 1 year ago
- Modified: 4 weeks ago
- Pre-Owned
- 1400m²
- 1991-2000
Prime Investment Opportunity – Building for Sale in Central Limassol | €5,000,000
Presenting a rare opportunity to acquire a centrally located income-generating property in the heart of Limassol, just steps away from major universities and key amenities.
Property Details:
Plot Size: 300 m²
Total Covered Area: 1,400 m²
Configuration: 30 fully equipped apartments + 1 ground-floor restaurant
Current Rental Income: €14,000/month (leased by the government until end of 2024)
Target Tenants: University students
ROI: Guaranteed return of approximately 3% annually
This turnkey asset offers immediate returns with stable occupancy and high rental demand due to its strategic location near educational institutions. Ideal for investors seeking a low-risk, income-producing property with potential for long-term capital appreciation.
Highlights:
Prime city-center location
Fully tenanted and managed
Solid rental history
Strong student demand
Government-backed lease through 2024
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