Buy Apartment, €1,700,000
🇨🇾 Cyprus, , Ýpsonas, Limassol, Zakaki
370
7
624
About the Property Apartment
Bathrooms
7
Total Area
370
Total area land
624.00
Deal Information
Type
Sell
Price
€1,700,000
Price Type
Full Price
Price per m²
€4,594.59
About Mortgage
Mortgage Payment
€0/mon.
Salary
€0/mon.
Mortgage
Amount
EUR
Down Payment
EUR
0%
10%
20%
30%
50%
60%
70%
Interest Rate
  %year
Term
  year(s)
Total
€5,819.3 /mon.
Overpayment €93,782.13
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Market Value
Median Price €1,700,000. Average Price €1,700,000. Price from €1,700,000 to €1,700,000
Percentage deviation from the median market value 0%
Description
A high-yield investment opportunity in one of Limassol’s fastest-growing areas. This brand-new boutique hotel, fully transformed in late 2024, sits on a 624m² corner plot, just 2 minutes from My Mall, 10 minutes from City of Dreams Casino, and a 2km drive to Lady’s Mile Beach. Despite its central location, it is in a quiet neighborhood with easy access to main roads, public transport, and essential amenities. The hotel consists of six fully furnished, modern apartments, designed for comfort and functionality. The ground floor features four apartments, while the first floor hosts two additional units, offering extra privacy. The layout includes three 1-bedroom apartments and three 2-bedroom apartments - with one of the 2-bedroom apartments featuring two bathrooms, all boasting spacious interiors, stylish finishes, and high-quality furnishings. Currently, all units are rented long-term, generating a stable 6.3% rental yield. However, higher returns could be achieved if some or all units were operated as short-term rentals, taking advantage of the high demand in the area. The building is equipped with 24/7 CCTV surveillance, air conditioning, mosquito nets, a private yard, and ample parking space, ensuring security and convenience for residents. Another key advantage—this property is exempt from transfer fees and VAT, making it an even more attractive investment. A rare opportunity to acquire a fully operational, income-generating property with strong appreciation potential and flexible rental strategies.
Nearby Brands
McDonald's 231 mPizza Hut 251 mMcDonald's 264 mKFC 319 m
 
 
€1,700,000
Price Full Price
Mortgage
€510,000
€5,819.3/mon.
Fox Realty: Limassol Griva Digeni
Fox Limassol Griva Digeni ID 46
Show phone
Ref: 28567 Cyprus, Limassol, Zakaki
Price and availability information updated 10/8/25
 
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