Investment Opportunity: 8 Flats in Prime Touristic Location, Agios Tychonas, Limassol

  • Agios Tychon - Tourist Area, Limassol
  • 9 Beds
  • 8 Baths
  • Ref: 32103
€1,000,000
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Property details

  • Property type: Apartment
  • Total covered area: 353 m²
  • Uncovered veranda area: 89 m²
  • Bedrooms: 9
  • Bathrooms: 8
  • Toilets: 8
  • Floor: 2
  • Living rooms: 8
  • Kitchens: 8
  • Title deed: Yes

Other information

  • Furnished: Unfurnished
  • Status: Resale
  • Energy efficiency rating: Pending

Property description

Situated in the highly desirable and vibrant touristic area of Agios Tychonas in Limassol, this complex of eight (8) flats presents an incredible investment opportunity. Located on the renowned Amathountos Avenue, just 200 meters from the sea, this property offers immediate access to the beautiful coastline and the lively amenities of Limassol's seaside. The prime location is a magnet for both tourists and long-term tenants alike.

Property Features:

Location: Amathountos Avenue, Agios Tychonas, Limassol District

Proximity to the Sea: Approx. 200 meters from the coastline

Total Number of Flats: 8 8 (3 two-storey flats & 5 studios)

Title Deeds Available for All Flats

Flats Overview:

Two-Storey Flats:

Internal Area: 52 sqm to 70 sqm (approx.)

Uncovered Verandas: 17 sqm to 18 sqm (approx.)

Ideal for small families or groups, with spacious living areas across two levels

Studios:

Internal Area: 30 sqm to 40 sqm (approx.)

Uncovered Veranda: 9 sqm (approx.)

Perfect for singles or couples, offering an efficient and functional layout

Additional Highlights:

Seven (7) flats are vacant, offering immediate rental potential

One (1) flat is currently occupied, providing some initial rental income

Title deeds available for all flats

Touristic zoning, making it ideal for short-term rentals and holiday lets

Location Benefits:

Prime Location on Amathountos Avenue, one of Limassol’s most desirable seaside roads

Walking distance to a wide range of restaurants, cafes, shops, and supermarkets

Excellent access to the beach, ideal for holidaymakers

Easy access to the motorway, connecting you to the rest of Limassol and the island

Popular with tourists and expats, ensuring a constant demand for rentals

This complex offers an exceptional opportunity for investors looking to capitalize on the lucrative short-term rental market or those seeking a steady, long-term return. With a fantastic location, ready-to-rent flats, and title deeds in place, this property is primed to deliver substantial rental income.

1. How many flats are currently occupied?
One (1) flat is currently occupied, while the other seven (7) flats are vacant.

2. Are the flats suitable for short-term rentals?
Yes, the flats are part of a touristic complex and are ideally suited for short-term rentals, making them a great investment opportunity.

3. Do the flats have separate title deeds?
Yes, all flats have their own individual title deeds available.

4. What is the rental potential of these flats?
The location in Agios Tychonas, just 200 meters from the sea, ensures strong demand for both long-term and short-term rentals, offering an excellent return on investment.

5. What amenities are nearby?
The property is within walking distance to restaurants, cafes, shops, supermarkets, and the beach, with easy access to the motorway.

For further details or to arrange a viewing, feel free to get in touch!

Features

  • Elevator
  • Balcony
  • Easy access to highway
  • Easy access to main roads
  • Investment opportunity
  • Near amenities
  • Near bus route
  • Open plan
  • Rental potential
  • Sea view
  • Shower
  • Walking distance to beach

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