Apartment block with high investment potential

* Apartment block is for sale in Limassol’s historic old town”, Cyprus*

Currently under construction, 500m to the sea

Promising investment opportunity!

The apartment building is for sale as a whole near Anexartisias Shopping Street and Saripolou Bar Street, where the local residents enjoy with easy access to city life. The package of design documentation and construction permits is fully ready.

The plot of land for this commercial project is located in the coastal area of Limassol near the embankment (500 m to the sea). The location and the project itself, consisting of six real estate units, has excellent return on investment potential.

An area with high rates of growth and immediate development, it is quickly becoming a magnet for Cypriots and foreign investors thanks to the new Limassol Port and Marina development project and the multi-million dollar investment in the historical part of the city.

The new property, located just a few meters from the sea, brings a calm, relaxing atmosphere to residents. From here, there is easy access to all urban amenities of the city of Limassol and its surroundings.

The planning solution is designed for six apartments – 3 x studios and 3 x 1-bedroom duplex apartments. The three studio-apartments on the top floor are particularly attractive. Those apartments have access to the top rooftop verandas with a sitting area and panoramic sea views. In addition, if required, the top floor apartments can have net metering, photovoltaic system, three phase electricity and underfloor heating.

It is impossible not to note the attractiveness and innovation in the architecture of the entire building. Using various shaping methods, the architect achieves an ideal compositional image consisting of several real estate objects against the backdrop of the city environment. Smooth and straight lines break the structure into asymmetrical elements and blocks, and due to the different volumes and proportions, the ideal aesthetic image of the object is built. Those features distinguishes this project from the others, where the balance is achieved, but through constructive asymmetry.

As a result, the building is an exceptional modern and attractive property.

The complex will be built using expensive materials and is a high-quality three-story building with private parking.

Each apartment has a relaxation area and spacious verandas with protective panels. Each apartment will be equipped with air conditioning systems, ventilation for fresh air and a pressurized water supply system.

The interior decoration of the apartments will be done using the highest quality materials. Additionally, there is the possibility of satellite connection to television channels.

Adjacent to resort areas that convey the atmosphere of a happy holiday, local residents do not get involved in the whirlpool of negative emotions, have absorbed a calm attitude towards life, find hobbies to their taste and see a positive outcome in any situation.

Due to its location, the acquisition of the entire building with 6 apartments provides several possibilities for their use, including short-term or long-term rental, resale, repurposing of apartments for offices or shops.

The project of this residential building (in the heart of the old part of Limassol near the sea in Cyprus) is almost compleated. The business & residential center for sale at good price and currently under construction. The property for investment has title deeds in order to transfer the ownership to the new owner upon purchasing.

Feel free to contact us directly (telephone Mr. Douglas) for other features of this exclusive investment project, which are included in the individual specifications attached to the architectural plans and which are telling us much more about its advantages.

TITLE DEEDS AVAILABLE FOR THIS PROPERTY.

P.S. Completion Date: December 2024