This stunning property sits in a plot in the heart of the city center close to all the cosmopolitan lively area of the university, all the surrounding theatres, high street shops, chich restaurants and traditional kitchens and tavernas, the upmarket bars and cafeterias, the castle and the Limassol marina and the promenade.

The plot is 281m2 and consists of a Huge 1 bedroom stone built house plus another 2x one bedroom flats at the back with a beautiful internal garden.

The 2 flats at the back can easily be converted to 4 studios because they were like that before - each with its own bathroom. Potential income from the studios is a conservative 2,800. Much more if they are run as Airbnb short lets.

The property at the front is very unique and double the size of a normal 1 bedroom flat. Our conservative estimate for monthly rent is 1,600.

Asking price is 750,000 slightly negotiable. Based on these figures the gross return would be 7%.

Technicals:

zone: Pa9b - Continuous wall to wall building allowed.

120% Building co-efficient.

70% Cover co-efficient.

Max 2 floorsith 10m height.