691m² Building for Sale in Limassol – Mesa Geitonia

Limassol - Mesa Geitonia, Limassol district Posted 2 years ago Updated 3 months ago

691 m²Covered area

803 m²Plot

Pre-OwnedCondition

1990 and olderBuilt

Air Сonditioning

Call WhatsApp Telegram

1st Class Homes Agency · R.N.:690 L.N.:367/E 6,689 for sale

About this home

Whole Building for Sale in Mesa Geitonia, Limassol.
Located near Jumbo in the highly sought-after area of Mesa Geitonia, this fully rented building offers a lucrative investment with a steady annual rental income of €98,640 yearly.
Property Details:

2x 2-Bedroom Apartments – Currently rented at €3,400/month
1x Studio Apartment – Currently rented at €1,200/month
1x Commercial Shop – Currently rented at €1,620/month
1x 3-Bedroom Apartment – Currently rented at €2,000/month

Total Monthly Income: €8,220
Total Annual Income: €98,640
The building is in excellent condition and benefits from its strategic location, offering high demand and easy accessibility to key areas in Limassol.
Yield: Approx. 6.2% annually – a fantastic opportunity for investors looking for steady cash flow and potential capital appreciation.

TranslateΜετάφρασηПеревестиתרגום

Reference: 55075
Property type: Building
Plot area: 803 m²
Construction year: 1990 and older
Heating: Yes
Air conditioning: Yes

What it will really cost

Asking price€1,600,000

Title transfer fee ~€60,600

Estimated total€1,660,600

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

How the price compares

42% below
average

At €2,315/m² compared with an average €3,997/m² across 460 similar listings — building in Limassol.

Asking price per m²This home

Average €3,997 This home €2,315

€1,500€5,537€9,573

Location

Limassol - Mesa Geitonia, Limassol district

Approximate area — ask the agency for the exact address Open in Maps

Around Limassol

Beaches Schools Hospitals Pharmacies Supermarkets Parks Restaurants Sports

New

Ask your AI about this home

Is the price fair for the area? What costs come on top? Who else is advertising it? Hand the question to your AI assistant, with this listing attached.

Opens your share menu: pick your assistant's app. How it works