3 bedroom apartment converted into 4 different units in center of Limassol

For Sale / EUR 320.000
+357 25812084

Property ID:
#28649
1
2
151
Town:
Mesa Geitonia
District:
Limassol
Covered Area:
130 m2
Bedrooms:
4
Bathrooms:
4
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DESCRIPTION

Unique investment proposition available in Central Limassol offering yields between 7,5- 10%


The current owner has converted a traditional 3 bedroom apartment into 4 separate units:

- 2 x 1 bedroom apartments

- 2 x studio's

Renovations finished in early 2021 and the owners have rented them out long term to individuals (Not families, or couples) who work in the Forex industry around the area. Sub Meters for electricity have been created for each unit.

Details:

- Roughly 130sqm in total

- Apartment located on the second floor

- Building consists of 2 ground floor shops and 4 units above it (1 of the units is this apartment)

- Building has no lift but has provision for it if owners agree to put one in

- Building committee obtaining quotes now to renovate the exterior

- Located on the junction of Spyros Kyprianou & Agias Filaxeos next to green area

MAIN PROPERTY FEATURES
2nd Floor and Above  
Security System  
MAP
 

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