Bedrooms: 1
Bathrooms: 1
Toilets: 1
Showers: 1
Living Rooms: 1
Kitchens: 1
Floor: 2
Floors: 4
Year of Construction: 1981
Orientation: South
Furnished: Unfurnished
Parking Spaces: 1
Basement: No
Status: Resale
Structure: Concrete
Facade: Concrete
Frames Type: Aluminium
Energy Efficiency Rating: D
Covered:50m²
Covered veranda:5m²
This is a rare opportunity in today's market and an excellent investment prospect, with the potential to generate a rental yield exceeding 8% after renovation.
The property is located in the well-known White Arches complex in Ayios Tychonas, one of Limassol's most sought-after coastal areas. It enjoys walking distance to the beach, nearby amenities, restaurants, cafes, and shops, while also offering easy access to the highway.
The apartment requires a complete renovation, with the estimated cost ranging between €15,000 and €20,000, allowing the new owner to fully modernize the property and significantly increase its value and rental potential.
Due to the nature of the property, this opportunity is suitable for cash buyers only.