7-bedroom Detached House Fоr Sаle

Description

Reference ID: #SA36543Price details: €950,000Prime Dual-Residence Investment Opportunity in Kapsalos, Limassol - Excellent Condition & Expansion PotentialExceptional opportunity to acquire a residential package of two spacious homes in the heart of Kapsalos, Limassol — just minutes from Agias Fylaxeos and Makarios Avenue.

This quiet yet central location offers superb access to the city center, all major roads, and essential services, making it ideal for families, developers, or investors seeking immediate value and long-term upside.

The property sits on a 524 m2 plot in the Ka4 residential zone (120% building density, 3-floor allowance) and currently includes:House 1 (Ground Floor) was built on 1983- 235 m2 covered areasIncludes 3 bedrooms, a separate maid's room in the semi basement, two living areas, large kitchen with dining space, en-suite shower, guest WC, fireplace, family bathroom, office area, front veranda, and large private garden.

House 2 (Duplex Upper Floor) was built on 1996- 205 m2 covered areas including verandasFeatures 3 bedrooms (one master with en-suite), large double living room, separate kitchen and dining area, guest WC, office, main bathroom, and a roof garden with BBQ area.

Development Potential:The plot has approximately 189 m2 of remaining building density, allowing for a full third floor to be constructed — ideal for creating one or two modern apartments or a luxury penthouse.

This makes the property an ideal candidate for expansion, redevelopment, or rental portfolio growth.

Key Features:A/C & central heating in all areasSeparate covered parking for each residenceFireplace, roof garden, office spacesDouble glazing, fitted wardrobes, utility roomSpacious internal areas and large outdoor spacesLocated in a high-demand residential zone with strong rental appeal