Investment (Residential) in Old town, Limassol for Sale

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