Apartment building in apostolos andreas
- Reference number: 11390
- Condition: Under construction
- Plot area: 546 m²
- Property area: 894 m²
- Included: Storage room, Elevator, Balcony
- Online viewing: Νο
- Energy Efficiency: A
- Square meter price: €4.474 /m²
An excellent income-generating mixed-use investment in the heart of Apostolos Andreas, Limassol, combining residential apartments with office space. The building is strategically positioned in a well-established urban area with strong rental demand from both professionals and long-term residents.
? Property Overview
Building type: Mixed-use (Residential & Offices)
Floors: 4 (Ground + 3 residential floors)
Delivery date: November 2025
Total covered area: approx. 943 sq.m.
Status: Partially rented – income-producing with upside
? Ground Floor – Commercial Use
Total covered area: 250 sq.m.
Dedicated office space: 207 sq.m.
Office 1: 50.74 sq.m.
Office 2: 156.27 sq.m.
Additional features:
Covered parking spaces
Storage rooms
Spacious entrance lobby: 44 sq.m.
The ground floor is ideal for professional offices, clinics, or corporate tenants, enhancing the building’s income diversification.
? Residential Component (1st–3rd Floors)
Total residential area: approx. 693 sq.m.
Total apartments: 9 (3 apartments per floor) as follows: 3 ONE-BEDROOM and 6 TWO-BEDROOM FLATS
Apartment Mix per Floor
One-Bedroom Apartment
67 sq.m. internal
18 sq.m. covered veranda
Two-Bedroom Apartment (Type B)
85 sq.m. internal
13 sq.m. covered veranda
Two-Bedroom Apartment (Type C)
80 sq.m. internal
11 sq.m. covered veranda
Apartment Features
Functional and efficient layouts
Spacious covered verandas
Generous communal areas
Modern, high-spec finishes
Excellent appeal to long-term tenants
? Rental Income & ROI
Current Rental Performance
7 out of 9 apartments currently rented
Monthly rental income (existing): €12.000
Annual rental income (existing): €144.000
Projected yearly Income from all Units:€261.600 (One bedrooms €1.600 per month, 2 bedrooms €2.000 per month and offices €5.000 per month
Return on Investment:
Selling price €4.000.000 plus 19% VAT, total €4.760.000
Estimated ROI: ~5.5%
(Figures based on current leases and conservative rental assumptions for remaining units.)
? Location Advantages – Apostolos Andreas
Central Limassol district with strong year-round demand
Easy access to main roads and public transport
Close to businesses, services, shops, and amenities
Popular area for both residential and professional tenants
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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