• Building for sale Limassol, Limassol, Cyprus
  10 000 000 EUR

6 Floors Residential Building in Neapolis, Limassol

• V0432CY
• Sale
• Building

The Price is EUR 10,000,000 + VAT

The Price is the Subject to VAT!

This new residential development is located in the Neapolis area of Limassol, in a prime position immediately adjacent to iconic high-rise towers of Limassol and only 100 meters from the seafront. The building consists of six floors with ten two-bedroom apartments and one three-bedroom penthouse. The total built area is 1,600 m², of which 1,069 m² is livable space.

The project is strategically positioned for strong rental performance. Trilogy achieves rents of €42–45 per m², while older buildings in the area achieve around €22–25 per m². Positioned between these two segments, this project offers realistic rental potential at approximately €35-€40 per m². Based on the total livable area, the gross annual rental income is projected at about €448,980 - €513,120, representing a yield of roughly 4.5% - 5.1% on the asking price.

The building is completed and constructed to high technical standards. The main structure is reinforced concrete, designed to earthquake regulations, with thermally insulated hollow brick external walls and additional external thermal insulation where required.
Entrance doors are solid hardwood, fire- and security-rated, and internal doors and wardrobes are high-quality oak veneer.

Technical systems include individual electricity meters, a burglar and fire alarm system, colour videophone, structured cabling and Wi-Fi, USB charging points, and smart control systems for lighting and temperature. LED light fittings from international suppliers are provided, and the building is protected with a full lightning protection system. A high-quality passenger lift will serve all floors.

Mechanical services include split-unit air-conditioning in bedrooms and living areas, extractor fans in kitchens and bathrooms, individual water meters, pressurized water systems with softeners, and storage tanks suitable for drinking water. A pipe-in-pipe system is used for durability and ease of maintenance.

All apartments have 1 parking lot and storage space:
First Floor
101 - 2 bedrooms, internal area 92 m2, covered veranda - 31 m2
102 - 2 bedrooms, internal area 93 m2, covered veranda - 24 m2
Second Floor
201 - 2 bedrooms, internal area 92 m2, covered veranda - 31 m2
202 - 2 bedrooms, internal area 93 m2, covered veranda - 24 m2
Third Floor
301 - 2 bedrooms, internal area 92 m2, covered veranda - 31 m2
302 - 2 bedrooms, internal area 93 m2, covered veranda - 24 m2
Fourth Floor
401 - 2 bedrooms, internal area 92 m2, covered veranda - 31 m2
402 - 2 bedrooms, internal area 93 m2, covered veranda - 24 m2
Fifth Floor
501 - 2 bedrooms, internal area 92 m2, covered veranda - 31 m2
502 - 2 bedrooms, internal area 93 m2, covered veranda - 24 m2
Sixth Floor
601 - 3 bedrooms, internal area 144 m2, covered veranda - 79 m2

With its prime location between the city’s most expensive new high-rises and established older stock, only 100 meters from the sea and surrounded by all amenities, this development represents a secure and income-generating investment.

Reg. No: 1315 | Lic. No: 368/E

Proximities