A unique opportunity to acquire this renovated listed building in the heart of Limassol's City Center, few steps from Anexartistias Street and within walking distance to the University, the Limassol Marina and the sea.
The property sits on a plot of 280m2 and has a total covered area of 260m2 and comprises 5 spacious studio apartments of approximately 45m² each, all with their own kitchen and bathroom.
4 out of 5 apartments are located on the ground floor of the property while there is a private staircase leading to the 1st floor where you can find another one apartment.
All the apartments are currently rented receiving an annual income of €27,000 making the property a great investment opportunity.
Nearby Amenities within 1 km
Broker Reg No:
Prices & Trends
This property costs 24.17% less than the average
Average price of Residential Other in Limassol Municipality, Limassol, Cyprus is € 3,297.00 m2
Existing Price per square meter € 2,500.00 m2
This property with 5% yield will have annual return of
The data displayed is based on average prices and sizes of all listings.