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Residential building

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Limassol, Asomatos Lemesou

Posted: Yesterday 19:23 Ad ID: 6446899

Condition: Brand new
Plot area: 500 m²
Property area: 456 m²
Included: Garden, Parking, Balcony
Postal code: 4645
Construction year: 2023
Energy Efficiency: A
Square meter price: €2.785 /m²
Registration number: 3

Location: Limassol — Asomatos Lemesou

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**Investment Opportunity – Residential Building for Sale | Limassol**

Evagora Pallikaridi 3, 4645

Asomatos, Limassol.

**Property Overview**

Modern residential building located in Asomatos, Limassol, built approximately 2 years ago (2023). The property consists of 4 apartments:

* 2 × Two-bedroom apartments

* 2 × Three-bedroom apartments

Total built area: approx. 456 sqm

Plot size: approx. 500 sqm

The property is fully rented (100% occupancy) and generates stable income.

**Location & Area**

The property is situated in a quiet and rapidly developing residential area in Asomatos, Limassol.

* 5 minutes drive to the beach

* 5 minutes drive to MyMall Limassol

* 9 minutes drive to Limassol Marina and main tourist zone

The area attracts strong rental demand from:

* Employees of the nearby casino and hospitality sector

* Professionals seeking a quieter living environment

* Local families looking for peaceful surroundings with easy access to the city

**Apartments & Features**

All units are modern, fully furnished, and designed for comfortable long-term living.

* Fully equipped kitchens with electrical appliances

* Air conditioning in all rooms

* High-quality finishes and modern design

* Private gardens and balconies (for selected units)

* Energy-efficient construction with high insulation

* Solar panel system reducing electricity costs

Parking:

* 3-bedroom apartments: 2 parking spaces each

* 2-bedroom apartments: 1 parking space each

* Additional street parking available

**Financial Performance**

* Monthly rental income: €6,000

* Annual income: €72,000

* Net income: approx. €70,500

* Net yield: approx. 5.55%

Potential upside:

* Rental increase potential to €6,500–€7,800 per month

* Lease renewals allow approx. 5% increase per contract

**Deal Structure & Ownership**

The property is company-owned, offering flexible acquisition options:

* Purchase of the entire building (asset deal)

* Purchase of individual units

* Share deal (acquisition of the company holding the asset)

Additional advantages:

* Clean ownership (no legal issues)

* Existing tenant agreements in place

* Potential tax benefits through share deal structure (subject to professional advice)

**Summary**

A turnkey, income-generating residential investment in a high-growth area of Limassol, offering stable returns with clear upside potential and flexible acquisition structure.

Request information from seller

Run a full technical and legal real estate check today

Technical inspection:

HOME CHECK

andreas.chrysos@hotmail.com

+357 96 504 296
Legal inspection:

CTA LAW FIRM C.T. Antoniou & Co LLC

info@ctalaw.net

+ 357 22 516 838
Technical inspection:

SQUARE ARCHITECTS

p.panayi@cytanet.com.cy

+357 99 592 218
Legal inspection:

M.PARASCHOU LAW Advocates & Legal Consultants

info@paraschou.com.cy

+357 22 622 262
Technical inspection:

HOMESURV

info@homessurv.com

+357 22 377 004