3 bedroom house 152 m² Limassol, Cyprus

Detached residential property in the highly central, in-demand Petrou kai Pavlou area of Limassol — a rare opportunity to acquire a sizeable plot with immediate usability and strong development potential. Direct access to all key infrastructure, commercial areas, schools and amenities — strategic for both residential living and investment. The property sits on a 351 sqm plot and includes multiple independent living spaces, offering flexibility for personal use, rental income or redevelopment. Property Breakdown - Plot size: 351 sqm - Main house: approx. 152 sqm covered area - Year of construction: 1980 (older) - Currently semi-furnished Additional Units (included in the price) - Semi-basement apartment: approx. 60 sqm — 1 bedroom, kitchen, living area, bathroom - Upper-level studio: approx. 30 sqm Main Residence - 3 bedrooms (located on an elevated level) - 1–2 bathrooms (depending on configuration) - Formal sitting area - Dining area - Spacious living room - Large kitchen - Full air-conditioning in all rooms - Covered parking Key Advantages - Prime central location in Limassol - Walking/driving distance to the city centre - Multiple independent living units — ideal for rental income - Large internal spaces with a practical layout - Suitable for immediate renovation and value increase Development Potential - High-potential redevelopment site — size and location of the plot make it suitable for a multi-storey residential building (subject to planning regulations) - Strong appeal for investors and developers targeting central Limassol returns Versatile asset in a high-demand area where land availability is increasingly limited. Renovate and rent, live in while generating income, or proceed with redevelopment. Location - Petrou kai Pavlou, central Limassol - Postal code: 3079 Total bathrooms (across all units): 2