13 offices and 2 shops
- Area: 1600 m²
- Type: Building
- Condition: Resale
- Plot area: 450 m²
- Included: Elevator, Alarm, Balcony
- Postal code: 3041
- Online viewing: Νο
- Construction year: Older
- Energy Efficiency: B+
- Square meter price: €2.625 /m²
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Prime Commercial Investment Opportunity in Central Saripolou
A 4-storey commercial building, strategically located at Saripolou, in the centre city of Limassol of presents an exceptional investment prospect. Currently fully rented, the property spans a 450 m² plot with a total build area of 1600 m²,
comprising 13 offices and 2 shops.
Unbeatable Location
Surrounded by a vibrant array of bars, restaurants, cafés, and in close proximity to a university, the building offers unparalleled accessibility. It is also just 1,000 meters from Molo Park and the sea, enhancing its appeal for both commercial and residential use.
Transformational Potential
Beyond its current fully rented status, the property boasts significant upside: it can be redeveloped into 12 one-bedroom units and 20 studios. This flexibility unlocks diverse revenue streams, ideal for:
Long-term rentals
Short-term lettings (via platforms like Booking.com or Airbnb..)
Strong Financial Projections
Long-term rental income:
20 studios at €1,500/month: €360,000/year
12 one-bedroom units at €1,800/month: €259,200/year
2 shops at €2,000/month: €48,000/year
Total potential long-term annual income: €667,200
Short-term rental income (with 70% occupancy, 255 days/year, at €80+/night):
Potential annual income: €652,000+
Ideal for 10% Return Seekers
This investment aligns perfectly with those targeting a 10%+ yield, combining stable cash flow with growth potential.
For serious investors only – no time wasters. Direct inquiry preferred; no agents, please.
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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