€185,000 | 111 m² Covered Area | 100 m² Internal Area | 11 m² Covered Veranda | 3 Bedrooms | Elevator | Renovation Project
A Promising Investment Opportunity with Excellent Potential in Limassol
Looking for an investment property in Limassol with the potential to add value and generate rental income? This spacious three-bedroom apartment in the established residential area of Agios Ioannis presents an exciting opportunity for investors, developers and buyers looking for a renovation project.
Built in 1988, the apartment offers 111 m² of covered area, comprising 100 m² of internal living space and an additional 11 m² covered veranda. Its generous proportions, three-bedroom layout and convenient location provide an excellent foundation for a complete transformation into an attractive modern residence.
The property requires full renovation, making it particularly appealing to investors who want to redesign the interior, introduce contemporary finishes and maximize its rental potential.
Space, Flexibility and Potential to Create Value
The apartment features a practical layout with three well-proportioned bedrooms, a central bathroom and a comfortable living area. The existing configuration offers flexibility for a modern redesign, allowing the future owner to create a stylish and functional home tailored to today's rental market.
Additional advantages include:
100 m² of internal space, offering generous room for a contemporary redesign.
11 m² covered veranda, providing valuable outdoor space.
Three bedrooms, making the property suitable for families, professionals or shared accommodation, subject to the final layout.
Elevator access, adding everyday convenience.
Optional existing furnishings, although a complete renovation is required.
An Investment Opportunity in Agios Ioannis
Agios Ioannis is an established residential area of Limassol, offering convenient access to local amenities and everyday services.
Its well-connected location makes the apartment an interesting option for investors targeting long-term tenants, including families and working professionals.
With a purchase price of €185,000, this property offers the opportunity to acquire a generously sized three-bedroom apartment, renovate it according to your vision and potentially create an attractive rental investment.
Why Consider This Property?
The real value of this apartment lies in its potential. Rather than paying a premium for someone else's renovation choices, the new owner has the opportunity to redesign the entire interior, select modern materials and create a property that meets current tenant expectations.
Whether your strategy is to renovate and rent, improve and resell, or create a comfortable family residence, this apartment offers an interesting starting point in Limassol's property market.
Contact Fox Realty – Limassol/Paphos today to arrange a viewing and explore the investment potential of this property.
Frequently Asked Questions
1. Where is the apartment located?
The property is situated in Agios Ioannis, Limassol, an established residential neighborhood with convenient access to local amenities.
2. What is the asking price?
The apartment is offered for sale at €185,000.
3. What is the total covered area?
The apartment offers 111 m² of covered area, consisting of 100 m² of internal space and an 11 m² covered veranda.
4. How many bedrooms and bathrooms does it have?
The property features three bedrooms and one central bathroom.
5. Does the apartment require renovation?
Yes. The apartment requires a complete renovation, giving the new owner the freedom to redesign and modernize the entire property.
6. Is there an elevator in the building?
Yes, the building benefits from elevator access.
7. When was the building constructed?
The building dates back to 1988.
8. Is this property suitable for investment?
Yes. Its three-bedroom configuration, generous internal area and asking price make it an interesting renovation opportunity for investors considering long-term rental income or resale after refurbishment.
9. Can the apartment be rented after renovation?
Yes. Once renovated, it could appeal to families, professionals and other long-term tenants, depending on the quality of the refurbishment and rental market conditions.
10. Are furnishings included?
Optional furnishings are available, although a complete renovation is recommended.
Property Highlights
Location: Agios Ioannis, Limassol
Asking price: €185,000
Property type: Three-bedroom apartment
Internal area: 100 m²
Covered veranda: 11 m²
Total covered area: 111 m²
Bedrooms: 3
Bathrooms: 1
Building year: 1988
Elevator: Yes
Condition: Requires complete renovation
Investment potential: Renovate and rent or renovate and resell
Furnishing: Optional
Three-Bedroom Investment Apartment for Sale in Agios Ioannis, Limassol
Spacious three-bedroom apartment for sale in Agios Ioannis, Limassol, offered at €185,000. Built in 1988, the property provides 111 m² of covered area, including 100 m² of internal space and an 11 m² covered veranda. Featuring three bedrooms, one bathroom and elevator access, this apartment requires complete renovation and represents an attractive opportunity for property investors seeking to renovate and rent in Limassol. Ideal for buyers looking for a renovation project with potential to add value and generate future rental income.
