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Unique opportunity in limassol

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Limassol, Limassol - Mesa Geitonia

Posted: 09.10.2025 11:27 Ad ID: 6032691

Condition: Resale
Plot area: 262 m²
Property area: 314 m²
Included: Garden, Parking, Balcony
Postal code: 3095
Online viewing: Νο
Construction year: Older
Energy Efficiency: N/A
Square meter price: €2.420 /m²

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Looking for a smart investment ? This offer is a rare gem in the market. A three floor building, with a separate apartment on each floor.

Total built area of 314 square meters on half plot of 262 square meters.

Ideal for a short or long term rental, a conversion project, or own residence in the heart of the town.

Being a number of units in one place, makes it easy to rent, maintain and manage, still with a high resale potential after renovation or conversion.

Each apartment's price, added the average renovation cost, only around 300 thousand euros, well below current prices in the area.

In a highly sought out area, conveniently located in the centre or the city, close to supermarkets schools, pharmacies, shops, but still with easy access to the highway and the seafront.

The building's renovation, depending on the buyer's vision falls between a 150 to 200 thousand euros.

It's average long rental will be around 5000 euros per month and even higher on a short term (Airbnb, Booking).

A high capital gain with a fast track renovation and separate floor resale or resale for commercial use (lawyers, doctors).