👉 An outstanding investment opportunity in a residential building featuring ground-floor parking and storage, located in the high-demand district of Agios Tychon, Limassol. The property offers an immediate yield of 5.84% on the asking price, with a projected potential yield of 6.33% by 2028.
👉 Property Highlights:
• Land Area: 549sq.m.
• Internal Area: 387sq.m.
• Covered Verandas: 62sq.m.
• Uncovered Verandas: 49sq.m.
• Total Units: 5 apartments.
• Occupancy Status: Fully rented.
Building Composition:
• Ground Floor: Dedicated parking spaces and storage units, with each apartment benefiting from a designated storage room and a covered parking space. Access to upper levels is provided via an external staircase and a lift.
• Floor 1 (Three Apartments):
•Apartment 101: Two bedrooms, open-plan kitchen/living area, guest toilet, bathroom with WC. (83 sq.m. internal area, 18 sq.m. covered verandas).
•Apartment 102: One bedroom, open-plan kitchen/living area, guest toilet, bathroom with toilet. (83 sq.m. internal area, 10 sq.m. uncovered verandas).
•Apartment 103: Two bedrooms, open-plan kitchen/living area, guest toilet, bathroom with toilet. (76 sq.m. internal area, 14 sq.m. covered verandas, 2 sq.m. uncovered verandas).
• Floor 2 (Two Apartments):
•Apartment 201: Three bedrooms, open-plan kitchen/living area, guest toilet, bathroom with toilet. (98 sq.m. internal area, 18 sq.m. covered verandas, 13 sq.m. uncovered verandas).
•Apartment 202: Two bedrooms, open-plan kitchen/living area, guest toilet, bathroom with toilet. (77 sq.m. internal area, 14 sq.m. covered verandas, 24 sq.m. uncovered verandas).
Strategic Location:
The asset is ideally situated in the center of Agios Tychonas village, directly opposite the Agios Tychonas Church.
•A total road frontage of approximately 40m
•Approximately 1.2km north of the Nicosia–Limassol motorway.
Occupancy & Building Status:
• Year of Construction: 2009
• Current Status: Entire block of 5 residential apartments with complete infrastructure.
Energy Category Apt. 101 – D
Energy Category Apt. 102 – H
Energy Category Apt. 103 – D
Energy Category Apt. 201 – H
Energy Category Apt. 202 – H
There is a separate title deed for this property.
