Three-Bedroom Apartment for Sale in Neapoli: Makariou Avenue, 300m from the Beach (6% ROI)

Spacious 3-bedroom apartment for sale in Neapoli, located in the heart of Limassol city centre right on Makariou Avenue. The property enjoys a prime location surrounded by shops, cafés, bus stops, and all everyday amenities, while being just 300m from the beach (approximately a 5-minute walk).

The apartment offers 118 sq.m. total covered area, including an 11 sq.m. veranda, and features a comfortable layout suitable for both residential living and investment. It consists of three bedrooms, one main bathroom and one guest toilet, while the property also benefits from two balconies.

The apartment was renovated in 2010 and remains in good condition. A renovation of the building is scheduled to take place in approximately two months, with an estimated contribution of €5,000 for the new owner. The building also benefits from a recently installed new elevator.

Additional features include a jacuzzi and steam bath, adding a touch of comfort and wellness within the property, as well as underground parking.

The apartment is currently rented, generating approximately 6% ROI, making it an attractive option for investors seeking immediate rental income in one of Limassol’s most central and sought-after locations.