Only 300 metres from the Mediterranean coastline | €119,999 | 69 m² internal area | Excellent renovation and investment potential
An exciting opportunity to acquire a two-bedroom apartment in the highly desirable coastal neighbourhood of Neapoli, Limassol, just 300 metres from the sea. Priced at €119,999, this property offers an attractive prospect for buyers looking to create their own home, investors seeking a renovation project, or purchasers interested in adding value in a well-established urban location.
Situated on the first floor of a six-storey residential building dating back to 1982, the apartment offers 69 m² of internal living space. The property is in its original condition and requires full renovation, making it an ideal blank canvas for those who want to redesign the interior, modernise the layout and finishes, and create a home tailored to their own taste and requirements.
A Property Full of Potential
The apartment features two bedrooms, a living and dining area, a kitchen area, and a central bathroom. Its existing layout provides a starting point for a comprehensive transformation, allowing the future owner to explore contemporary design ideas and make the most of the available space.
Although the apartment requires a complete renovation, its competitive asking price and sought-after location make it an interesting option for buyers who recognise the potential of upgrading an older property. Whether you envision a stylish coastal residence, a comfortable long-term home or an investment property, this apartment offers the opportunity to create something distinctive.
Prime Coastal Location in Neapoli
One of the property's strongest advantages is its location. Just 300 metres from the Mediterranean coastline, the apartment is ideally positioned for those who appreciate seaside living and the convenience of an established Limassol neighbourhood.
Neapoli offers easy access to a variety of everyday amenities, including shops, supermarkets, cafés, restaurants and other local services. The nearby coastal promenade provides an inviting setting for morning walks, outdoor activities and relaxing evenings by the sea.
The convenient connection to the highway also makes travelling across Limassol and reaching other parts of Cyprus easier, adding to the property's appeal for both residents and investors.
An Investment with Renovation Potential
For buyers willing to undertake a full refurbishment, this apartment presents an opportunity to add value through thoughtful renovation and modernisation. Its two-bedroom configuration and proximity to the sea may appeal to future tenants or resale buyers once the work is completed.
The property could be particularly attractive to investors, renovation specialists, first-time buyers seeking an affordable entry point into the Limassol property market, or anyone wishing to design a home from the ground up.
As with any renovation project, prospective buyers should assess the anticipated refurbishment costs, building condition and relevant permissions before proceeding.
Property Highlights
Asking price: €119,999
Location: Neapoli, Limassol
Property type: Two-bedroom apartment
Internal area: 69 m²
Floor: First floor
Building: Six-storey residential building
Year of construction: 1982
Condition: Original condition; full renovation required
Furnishing: Unfurnished
Distance to the sea: Approximately 300 metres
Potential: Renovation, personal residence or investment
Frequently Asked Questions
1. What is the asking price of the apartment?
The apartment is offered for sale at €119,999.
2. How large is the property?
The apartment offers 69 m² of internal living space.
3. How many bedrooms does it have?
The property features two bedrooms, a living and dining area, a kitchen area and one central bathroom.
4. What condition is the apartment in?
The apartment remains in its original condition and requires a full renovation. Buyers can modernise the interior and create a design that suits their preferences and budget.
5. How far is the apartment from the sea?
The Mediterranean coastline is approximately 300 metres away.
6. Which floor is the apartment on?
It is situated on the first floor of a six-storey residential building constructed in 1982.
7. Is the apartment suitable for investment?
It may appeal to investors seeking a renovation project in a popular coastal area. The eventual return will depend on the renovation budget, final specification, market conditions and achievable rental or resale value.
8. Is the apartment ready to move into?
No. A full renovation is required before the apartment can be considered ready for occupation.
9. Who might benefit from purchasing this property?
It could suit renovation investors, first-time buyers with a refurbishment budget, or purchasers looking to create a personalised home close to the sea.
Arrange a Viewing
Opportunities to purchase a two-bedroom apartment so close to the Mediterranean coastline at this price point are worth exploring, particularly for buyers who can recognise the potential of a complete renovation.
Contact Fox Realty – Limassol/Paphos today to arrange a viewing and discover the possibilities this Neapoli property has to offer.