€450,000 $500,555
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Pay in USD and save up to $17,519Key features
- Listing ID: 1501567 (1371)
- Bedrooms: 3
- Bathrooms: 2
- Total covered area: 140 sqm
- Plot: 350 sqm
- Resale built in 1970
Description
This unique detached house, situated in the most sought-after area of Petrou and Pavlou, is perfectly suitable for remodelling as it was partially renovated in 2020 but is very well-maintained. The house is ideal for those seeking to live in the privacy of a high-ceiling private residence but also in the busy city centre. Boasting an excellent location just a quick three-minute drive from the highway it also offers a three-minute access to Limassol city centre close to all necessities for families.
The plot area makes it also ideal for the development of a medium-sized residential project of flats. The residential project will provide high returns due to the elegant surroundings of the neighbourhood and the high demand in the specific area both from foreign and local buyers.
This plot is particularly attractive for investors seeking an inspiring location to establish an income-producing rental development project, offering a unique and valuable investment opportunity.
The property is currently rented with a monthly rate of €1300. Tenants are aware of the sale of the property.
Contact us for a viewing of this outstanding Detached House/Residential Plot. The price is negotiable.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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