ENTIRE APARTMENT BUILDING FOR SALE – PARALIMNI | €1,590,000 + VAT
Excellent Investment Opportunity | 11 Modern Apartments | Boutique Residential Building
An exceptional opportunity to acquire an entire modern apartment building consisting of 11 apartments in Paralimni, just a short drive from the popular beaches and tourist areas of Protaras and Ayia Napa.
The property offers excellent flexibility for investment, with the potential for long-term rentals, short-term/holiday rentals, or individual resale of the apartments.
PROPERTY DETAILS
• 11 apartments in total
• 7 x 1-bedroom apartments
– 50–55 m² internal area
– 16.6 m² covered veranda
• 4 x 2-bedroom apartments
– 77–90 m² internal area
– 16.6–32.2 m² covered veranda
• 696 m² total internal area
• 198.2 m² covered verandas
• 894.2 m² total covered area
• 3 floors
• Top-floor Apartment 301: 122.2 m² total area, including a spacious 32.2 m² veranda
INVESTMENT HIGHLIGHTS
✔ Entire building under single ownership
✔ 11 potential rental income streams
✔ Suitable for short-term, holiday or long-term rentals
✔ Option to sell apartments individually
✔ Located in an established area of Paralimni
✔ Close to Protaras and Ayia Napa beaches
✔ Near shops, schools, restaurants and everyday amenities
✔ Suitable for investors seeking a multi-unit residential investment
PRICE: €1,590,000 + VAT
Approx. €1,778 per m² based on total covered area.
A rare opportunity to acquire a complete boutique apartment building in one of the most established areas of the Famagusta region.
For further information or to arrange a viewing, please contact us.
Ref A.A 442 / A.M 701
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