for Sale in Limassol District

Limassol district Posted 2 years ago Updated 3 months ago

5+Bathrooms

1,127 m²Covered area

533 m²Plot

Pre-OwnedCondition

1990 and olderBuilt

Air Сonditioning

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

About this home

Amazing Investment Opportunity in Limassol – Petrou & Pavlou Area
Presenting a rare chance to own a whole building of 1,300 sq.m. in the prime area of Petrou & Pavlou, Limassol. This versatile property is perfect for investors looking to maximize returns through residential or commercial transformation.
Property Details

Basement: 400 sq.m. offering 7 parking spaces
Ground Floor:

Shop: 200 sq.m.
Mezzanine: 100 sq.m.
One-Bedroom Flat: 80 sq.m. — Ideal for rental income or office use

First Floor: Spacious Three-Bedroom Flat (250 sq.m.)
Second Floor: Another large Three-Bedroom Flat (250 sq.m.)
Roof Garden: Excellent potential for a rooftop lounge or additional development
Additional Parking Spaces: Located at the rear of the building

The building is in excellent condition and offers exceptional potential for transformation. Convert the space into multiple residential units, office spaces, or a mixed-use development to significantly boost rental income.

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Reference: 56862
Plot area: 533 m²
Construction year: 1990 and older
Heating: Yes
Air conditioning: Yes
Title deed: Has Title

What it will really cost

Asking price€1,650,000

Title transfer fee ~€62,600

Title deedHas Title

Estimated total€1,712,600

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

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

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€1,650,000€1,464/m²