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5 Bedroom Apartment
Mesa Gitonia, Limassol

€860,000  ($986,520)

REMAX Cyprus

REMAX Cyprus

Reg. No: 758 / License No: 410/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $34,528

Average Bank Rate (€860,000)
1 USD = 0.8423 EUR
$1,021,048

Mid-market rate (€860,000)
1 USD = 0.8718 EUR
$986,520

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 7509936 (480081001_1144)
  • Bedrooms: 5
  • Bathrooms: 2
  • Plot: 242 sqm
  • Resale built in 1994
  • Air Conditioning, Balcony, Built-in Kitchen with Electrical Appliances, City Center, Near Hospital, Near Schools, Near Shops, Parking, Title Deed Issued, Residential

Description

This exceptional property in the heart of Agios Nikolaos presents an ideal opportunity for investors seeking steady income and long-term growth.
Located in a sought-after area near shops and amenities, this building consists of two fully rented apartments and two commercial shops, offering a diverse range of investment potential.

Apartment 1: A spacious 2-bedroom apartment of 65 sqm covered areas, well-maintained and currently leased, offering comfort and practicality for tenants.
Apartment 2: A larger 3-bedroom apartment of 116 sqm covered areas, plus covered verandas: 13sqm also rented, perfect for families or groups seeking more space.
Shops: Two commercial units, of 36sqm each plus mezzanine of 17 - 18 sqm each, providing a great source of rental income.

All units are fully occupied, ensuring immediate returns on investment. The building is situated in a vibrant, well-connected part of the city center, just steps from local shops, cafes, and public transport.

Its central location and long term rental history make it an excellent choice for those looking to capitalize on the growing demand for both residential and commercial spaces in Agios Nikolaos.

With its prime location, excellent rental yield, and future potential, this property is a must-see for investors looking to expand their portfolio in one of Limassol's most desirable locations.

Please note that the property has also available building density of 68sqm.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€31,000 ($35,561)
If buying on joint names
€27,600 ($31,660)

Disclaimer - Property reference 7509936. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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