5-bedroom Detached House Fоr Sаle

Description

Welcome to a rare investment opportunity in the heart of Agios Nektarios, one of Limassols most desirable and central neighborhoods. This versatile mixed-use property sits on a generous 671 m2 plot and offers a unique blend of residential, commercial, and development potential, making it ideal for investors, developers, medical professionals, and hospitality entrepreneurs.

🏡 Property Composition

1. Detached Residence

360 m2 of covered living space

4 bedrooms + attic + sauna

Spacious living and dining areas

Separate kitchen, verandas, and garage (65 m2)

Ideal for conversion into residential units

2. Commercial Building (Former Paediatric Clinic)

140 m2 on two levels

Includes waiting lobby, offices, WC, and kitchenette

Sheltered ground floor area of 35 m2

Ready for repurposing as a wellness clinic, boutique office suites, or luxury apartments

🏗️ Development Potential

Zoned as Kα4 with 120% building density, the property allows for the construction of 2 additional floors (approx. 240 m2), unlocking several high-yield investment scenarios:

✅ Redevelop into boutique apartments

✅ Convert to a Boutique Business Hotel

✅ Establish a Wellness / Spa / Medical Center

✅ Renovate & Rent both buildings for stable long-term income

📍 Prime Location Highlights

Walking distance to Makariou Avenue, services, schools, retail & restaurants

Easy access to the city center, seafront, and major arteries

Prestigious and quiet residential environment

💡 Why Invest Here?

Exclusive opportunity first time offered with full exclusivity

Property offers multiple exit strategies

Clean Title Deed Ready for transaction

Excellent ROI potential: Up to 34.9% depending on project scope

A unique asset in an area with limited development plots

📞 This property is available exclusively through RE/MAX Cyprus.

Contact us today to explore the investment options, receive the full financial pack, or arrange a private viewing.