Unique Investment Opportunity – Commercial & Residential Property For Sale in Omonia, Limassol

  • Omonoia, Limassol
  • 4 Baths
  • Ref: 35581
€480,000
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Property details

  • Property type: Mixed use
  • Total covered area: 307 m²
  • Plot area: 256 m²
  • Covered veranda area: 13 m²
  • Uncovered veranda area: 36 m²
  • Bathrooms: 4
  • Toilets: 5
  • Floor: Ground floor
  • Floors: 3
  • Kitchens: 2

Other information

  • Furnished: Unfurnished
  • Year of construction: 1999
  • Status: Resale
  • Energy efficiency rating: D

Property description

A spacious and versatile mixed-use property offering an excellent combination of commercial and residential accommodation, with a total covered area of 307 m², complemented by 49 m² of verandas.

Arranged over three levels, the property offers multiple functional spaces, making it suitable for a variety of uses, including residential living, business operations, rental opportunities or a combination of these, subject to the relevant planning and legal requirements.

The property comprises a commercial garage/shop with workspace and facilities, a separate one-bedroom apartment on the ground floor, and a generously sized two-level residence occupying the first and second floors.

Internal Layout
Ground Floor – Commercial & Residential Accommodation

The ground floor comprises two separate functional areas:

Commercial garage/shop: Featuring an open-plan workspace, kitchenette, shower and toilet facilities, offering practical space for business or professional use.
One-bedroom apartment: Independently arranged with an entrance hall, kitchen with dining area, separate office, bedroom and shower room with toilet.

First Floor – Main Living Areas
The first floor offers spacious and comfortable living areas, including:

Large sitting and dining room.
Guest toilet.
Separate pantry.
Open-plan kitchen and sitting area.
Two covered verandas, providing additional outdoor space.

Second Floor – Bedroom Accommodation

Accessed via an internal staircase, the second floor comprises:

Three well-proportioned bedrooms.
Master bedroom with en-suite bathroom and walk-in wardrobe.
Main family bathroom.
Property Features
Total covered area: 307 m²
Total veranda area: 49 m²
Covered veranda: 13 m²
Uncovered veranda: 36 m²
Three levels of accommodation
Four bedrooms in total across the residential spaces
Additional office
Separate one-bedroom apartment
Commercial garage/shop with workspace
Multiple kitchens and sitting areas
Master bedroom with en-suite and walk-in wardrobe
Internal staircase connecting the first and second floors
Energy Performance Category: D
Ownership: 50% undivided share
No distribution agreement in place
Investment & Potential
With its combination of commercial premises, independent apartment and spacious multi-level residential accommodation, this property offers considerable flexibility and potential.

It could appeal to investors, business owners or buyers seeking a property that combines living and working spaces under one roof.

An interesting opportunity for those looking for generous internal space and multiple functional areas within one property.

Important Ownership Information: The property relates to a 50% undivided share of the whole property. There is currently no distribution agreement in place. Prospective purchasers are advised to conduct the appropriate legal due diligence and obtain independent legal advice regarding the ownership structure and rights attached to the share.

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Covered area
307 m²
Veranda area
49 m² Share ownership
50% nternal Layout:
The property is comprised of three distinct functional spaces:
• Ground floor: Features a commercial garage shop with an open-plan workspace, a kitchenette, a shower, and a toilet. Also, features a separate one-bedroom apartment with an entrance hall, a kitchen with dining area, an office, a bedroom, and a shower with toilet.
• 1st floor: Consists of a spacious sitting and dining room, a guest toilet, a pantry, an open-plan kitchen and sitting area, and two covered verandas.
• 2nd floor: Accessed via an internal staircase from 1st floor, featuring three bedrooms, including a master bedroom with an en-suite bathroom and walk-in closet, a main bathroom, and an additional covered veranda. The property relates to a 1/2 undivided share No distribution agreement is in place.

Energy Category: D Covered area
307 m²
Covered veranda area
13 m²
Uncovered veranda area
36 m² please make a nice listing description to advertise it in real estate portals including faq

Here is a polished, professional real estate listing designed for property portals such as Bazaraki, Cyprus Property News, Rightmove and other international property websites. The description highlights the property's generous dimensions, versatile layout, commercial potential and residential accommodation, while clearly disclosing the 50% undivided ownership.

Writing


Spacious Mixed-Use Property with Commercial Space, Two Residential Levels & Verandas – 307 m² Covered Area
Property Overview

A spacious and versatile mixed-use property offering an excellent combination of commercial and residential accommodation, with a total covered area of 307 m², complemented by 49 m² of verandas.

Arranged over three levels, the property offers multiple functional spaces, making it suitable for a variety of uses, including residential living, business operations, rental opportunities or a combination of these, subject to the relevant planning and legal requirements.

The property comprises a commercial garage/shop with workspace and facilities, a separate one-bedroom apartment on the ground floor, and a generously sized two-level residence occupying the first and second floors.

Internal Layout
Ground Floor – Commercial & Residential Accommodation

The ground floor comprises two separate functional areas:

Commercial garage/shop: Featuring an open-plan workspace, kitchenette, shower and toilet facilities, offering practical space for business or professional use.
One-bedroom apartment: Independently arranged with an entrance hall, kitchen with dining area, separate office, bedroom and shower room with toilet.
First Floor – Main Living Areas

The first floor offers spacious and comfortable living areas, including:

Large sitting and dining room.
Guest toilet.
Separate pantry.
Open-plan kitchen and sitting area.
Two covered verandas, providing additional outdoor space.
Second Floor – Bedroom Accommodation

Accessed via an internal staircase, the second floor comprises:

Three well-proportioned bedrooms.
Master bedroom with en-suite bathroom and walk-in wardrobe.
Main family bathroom.
Additional covered veranda.
Property Features
Total covered area: 307 m²
Total veranda area: 49 m²
Covered veranda: 13 m²
Uncovered veranda: 36 m²
Three levels of accommodation
Four bedrooms in total across the residential spaces
Additional office
Separate one-bedroom apartment
Commercial garage/shop with workspace
Multiple kitchens and sitting areas
Master bedroom with en-suite and walk-in wardrobe
Internal staircase connecting the first and second floors
Energy Performance Category: D
Ownership: 50% undivided share
No distribution agreement in place
Investment & Potential
With its combination of commercial premises, independent apartment and spacious multi-level residential accommodation, this property offers considerable flexibility and potential.

It could appeal to investors, business owners or buyers seeking a property that combines living and working spaces under one roof.

An interesting opportunity for those looking for generous internal space and multiple functional areas within one property.

Important Ownership Information: The property relates to a 50% undivided share of the whole property. There is currently no distribution agreement in place. Prospective purchasers are advised to conduct the appropriate legal due diligence and obtain independent legal advice regarding the ownership structure and rights attached to the share.

Frequently Asked Questions (FAQ)
1. What is the total covered area of the property?

The property has a total covered area of approximately 307 m².

2. How much outdoor veranda space does the property offer?

The property offers approximately 49 m² of veranda space, consisting of 13 m² of covered verandas and 36 m² of uncovered verandas.

3. How many floors does the property have?

The property is arranged over three levels: ground floor, first floor and second floor.

4. How many bedrooms are there?

The property includes one bedroom in the separate ground-floor apartment and three bedrooms on the second floor, making four bedrooms in total.

5. Does the property include commercial space?

Yes. The ground floor features a commercial garage/shop with an open-plan workspace, kitchenette, shower and toilet facilities.

6. Does the property have a separate apartment?

Yes. The ground floor includes a separate one-bedroom apartment with its own entrance hall, kitchen and dining area, office, bedroom and shower room with toilet.

7. Is there an en-suite bedroom?

Yes. The master bedroom on the second floor benefits from an en-suite bathroom and a walk-in wardrobe.

8. What is the energy efficiency rating?

The property's Energy Performance Category is D.

9. What is the ownership status of the property?

The property relates to a 50% undivided share of the whole property.

10. Is there a distribution agreement?

No. There is currently no distribution agreement in place. Buyers should seek independent legal advice and verify the ownership arrangements before proceeding with a purchase.

11. What makes this property interesting for investors?

Its combination of commercial premises, a separate one-bedroom apartment and a spacious three-bedroom residence provides flexibility for different potential uses, subject to the applicable permissions and ownership arrangements.

12. Can the property be used for both residential and commercial purposes?

The property currently incorporates both commercial and residential spaces. Any intended use or change of use should be verified with the relevant authorities and through legal due diligence.

For further information or to arrange a viewing, please contact us.
Additional covered veranda.

Features

  • Solar water heater
  • City view
  • Easy access to highway
  • Easy access to main roads
  • Internal stairs
  • Kitchen
  • Kitchenette
  • Main road
  • Near amenities
  • Near bus route
  • Near public transport

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