Prime Corner Income Asset

Limassol

€ 2,650,000

950 m2 Area
977 m2 Land
4 Storeys

Property Ref: #12415

Property Description

A fully rented mixed use commercial and residential building positioned on a prominent corner in Limassol. Set on a 977 ㎡ plot, the building comprises of approx. 900–950 m² total covered area, 612 ㎡ of residential accommodation across six apartments, including three two-bedroom apartments of approx. 80 ㎡ each and three three-bedroom apartments of approx. 124 ㎡ each. The ground floor includes three retail/commercial units, with additional mezzanine commercial space, 13 on-site parking spaces, elevator access, solar water heating, and a rented rooftop signage board. The property benefits from excellent visibility, strong access to the city centre and motorway, and proximity to everyday amenities. Title deed is available for the land and building, with the property also ready for separation into individual title deeds. The asset is fully tenanted and offers further development potential under Eβ4 zoning, with 140% building density and 50% coverage.

Property Features

Type

Mix-Use Building

Status

Resale

Area

950 m2

Land

977 m2

Storeys

4

Energy

C

Year

2009

Parking

13

Even More Info

Air Condition

Elevator

High ceilings

Office

Parking Covered

Parking Uncovered

Solar Water Heaters

Split Units

Storage Room

Title Deed

Plans

Location

Kapsalos, Limassol

CURRENT ASKING PRICES PRICES IN KAPSALOS

AVERAGE PRICES TODAY

Flat Price
€ 447,963
House Price
€ 810,000
Residential Plot Price
€ 759,500

% PROPERTY TYPES

6 % Houses
25% Plots
69% Flats

% BEDROOMS

9% 1 Bed Flat
82% 2 Bed Flat
9% 3 Bed Flat

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 281,600
2 Bed Flat
€ 435,666
3 Bed Flat
€ 725,000

PRICE RANGE

Flats:
€ 281,600 - € 725,000
Houses:
€ 810,000 - € 810,000
Residential Plots:
€ 375,000 - € 1,350,000