For Sale: Investment: residential, Old town, Limassol, Cyprus FC-15087
Details:
City:Limassol, Old town
Type:
Built year: 2000
Plot: 300 m2
Covered: 1400 m2
ROI:3 %%
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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