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Pay in USD and save up to $87,363Welcome to a rare investment opportunity in the heart of Agios Nektarios, one of Limassols most desirable and central neighborhoods. This versatile mixed-use property sits on a generous 671 m² plot and offers a unique blend of residential, commercial, and development potential, making it ideal for investors, developers, medical professionals, and hospitality entrepreneurs.
🏡 Property Composition
1. Detached Residence
360 m² of covered living space
4 bedrooms + attic + sauna
Spacious living and dining areas
Separate kitchen, verandas, and garage (65 m²)
Ideal for conversion into residential units
2. Commercial Building (Former Paediatric Clinic)
140 m² on two levels
Includes waiting lobby, offices, WC, and kitchenette
Sheltered ground floor area of 35 m²
Ready for repurposing as a wellness clinic, boutique office suites, or luxury apartments
🏗️ Development Potential
Zoned as Kα4 with 120% building density, the property allows for the construction of 2 additional floors (approx. 240 m²), unlocking several high-yield investment scenarios:
✅ Redevelop into boutique apartments
✅ Convert to a Boutique Business Hotel
✅ Establish a Wellness / Spa / Medical Center
✅ Renovate & Rent both buildings for stable long-term income
📍 Prime Location Highlights
Walking distance to Makariou Avenue, services, schools, retail & restaurants
Easy access to the city center, seafront, and major arteries
Prestigious and quiet residential environment
💡 Why Invest Here?
Exclusive opportunity first time offered with full exclusivity
Property offers multiple exit strategies
Clean Title Deed Ready for transaction
Excellent ROI potential: Up to 34.9% depending on project scope
A unique asset in an area with limited development plots
📞 This property is available exclusively through RE/MAX Alliance.
Contact us today to explore the investment options, receive the full financial pack, or arrange a private viewing.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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