Whole apartment building in papas

Unique Investment Opportunity to buy a Whole Building with 13 luxurious apartments with separate Title Deeds in a brand new condition with no VAT or transfer fees, sitting in a plot of 1,144 sqm in walking distance of 300 meters to Dasoudi beach.

This location is renowned for its high-end residential complexes, proximity to key amenities including supermarkets, banks, shops, cafes as well as green spaces, playgrounds, and public parks, making it highly attractive with year-round demand from locals and expats.

All units are currently vacant, allowing full rental income optimization based on the current strong demand in Limassol's market, offering potential for high rental yields and long-term capital appreciation.

The building consists of 13 apartments in total:

1 x Whole-Floor 3-Bedroom Penthouse

3 x 3-Bedroom Apartments

9 x 2-Bedroom Apartments

*Title deeds are issued separately for each apartment*

1. Ground floor duplex 2 bedroom apartment with 6m high ceiling in the open plan kitchen and living room area, with private veranda and garden with internal area 93sqm, and covered veranda 21 sqm with additional 73 sqm garden .

2. Apartment 101 is a 3 bedroom with internal area of 112 sqm, covered balcony of 24 sqm and 10 sqm uncovered balcony.

3. Apartment 102 is a 2 Bedroom with internal area of 85, covered balcony 21 sqm.

4. Apartment 103 is a 2 bedroom with internal area 87 sqm, covered balcony 16 sqm and 16sqm uncovered balcony.

5. Apartment 201 is a 2 bedroom with internal area 87 sqm, covered balcony 21 sqm

6. Apartment 202 is a 3 bedroom with internal area 111 sqm, covered balcony 21 sqm

7. Apartment 203 is a 2 bedroom with internal area 85 sqm, covered balcony 22 sqm

8. Apartment 204 is a 2 bedroom with internal area 87 sqm, covered balcony 24 sqm and 16sqm uncovered balcony.

9. Apartment 301 is a 2 bedroom with internal area 87 sqm, covered balcony 21 sqm

10. Apartment 302 is a 3 bedroom with internal area 111 sqm, covered balcony 24 sqm

11. Apartment 303 is a 2 bedroom with 6 meters ceiling in open plan kitchen dining area, with internal area 85 sqm, covered balcony 21 sqm and 53sqm balcony and roof garden with provision of jacuzzi

12. Apartment 304 is a 2 bedroom with 6 meters ceiling in open plan kitchen dining area, with internal area 87 sqm, covered balcony 24 sqm and 73sqm balcony and roof garden with provision of jacuzzi

13. Whole floor 3 bedroom penthouse with internal area of 127 sqm, covered veranda 19 sqm and a huge 90 sqm uncovered verandas.

Features in Every Apartment:

-Video Interphone and entrance camera

-Marble flooring in living and kitchen areas

-Parquet flooring in the bedrooms

-Guest bathroom with marble walls and floor

-Faucets and mixers Grohe

-VRV air-conditioning system in living areas and split units in bedrooms

-Fully equipped kitchens with electrical appliances

-Private storage rooms

-Covered parking spaces

The building features:

-Lobby area with marble flooring and modern design with glass safety doors designed with wood and mirrors.

-Common swimming pool

-Covered parking spaces with electric gate door

-Storage rooms

-300 meters from the beach

-Surrounded by pedestrian and green areas

-Nearby local amenities and parks

-200 meters from Papas Supermarket

-All other amenities in close proximity

-Energy Efficiency Category: B+

The property is owned by a company (SPV) and transfer fees and VAT are not applicable.

This is a rare chance to secure a high-potential asset in one of the best-performing locations in Limassol. Perfect for investors seeking stable returns and long-term growth.

Opportunities like this are incredibly limited, early interest is strongly advised. Call us to arrange a viewing.