Property 2958 Mansoura, Nicosia / LIM-PAF-32602
Prime Mixed-use Investment Property In Omonia, Limassol.
For Sale • Deal
625,000€
Estimated Mortgage
/month
256
m2
261
Plot m2
Overview
Property Description
Mixed-use investment property for sale in Omonia, Limassol near Limassol Marina & Port. High ROI 6%+, No VAT, Prime Central Location. Overview of This Mixed-Use Investment Property in Omonia, Limassol This mixed-use investment property for sale in Omonia, Limassol represents a rare opportunity for investors seeking stable rental income, redevelopment flexibility, and long-term capital growth in one of Cyprus’ strongest real estate markets.
Located just minutes from the Limassol Marina and the Port of Limassol, the property sits in a prime central location with consistently high rental demand. The building has been fully renovated and is set on a 261 m² plot with 120% building density, offering exceptional potential for investors looking to maximize returns through commercial, office, or residential use. With no VAT applicable and a special Open House price of €625,000, this asset is positioned well below comparable properties in the area. Key Investment Highlights
Prime Omonia location, minutes from Marina & Port No VAT – immediate cost savings for investors High ROI potential of 6%+ in central Limassol Easy conversion into 3 independent residential or office units
Fully renovated – no immediate capital expenditure required Strong redevelopment potential under current zoning Open House Special Price: €625,000 (previously €645,000) Why Invest in Omonia, Limassol
Omonia is one of Limassol’s most strategic districts for real estate investment. Positioned between the commercial center, the port, and the marina, the area attracts professionals, shipping companies, SMEs, and long-term tenants. Unlike purely residential neighborhoods, Omonia benefits from mixed-use zoning, making it ideal for investors seeking diversified income streams.
Properties here are in constant demand due to their proximity to:
- Limassol city center
- Limassol Marina lifestyle hub
- Major road networks and Omonoias Avenue
- The Port of Limassol and shipping sector
- This combination ensures low vacancy rates and strong tenant retention.
- High Rental Demand & ROI Analysis
- Limassol continues to be Cyprus’ most resilient real estate market, driven by international business, shipping, finance, and tech sectors.
- Mixed-use buildings in central Limassol consistently outperform single-use properties.
- Rental Yield Potential
- Estimated ROI: 6%+
- Strong demand for offices, serviced apartments, and residential rentals
- Ideal for long-term leases or multi-unit rental strategy
- With the option to split the building into three independent units, investors can significantly increase rental income while spreading tenant risk.
- Conversion & Redevelopment Potential
- One of the strongest advantages of this mixed-use investment property for sale in Omonia, Limassol is its flexibility.
- Possible Use Scenarios
- Three residential apartments
- Office spaces for professionals or SMEs
- Combination of residential and commercial units
- Serviced apartments targeting marina & port professionals
- The 120% building density provides scope for future redevelopment, allowing investors to adapt the property to market demand over time.
- Strategic Location Near Limassol Marina & Port
- Proximity to Limassol Marina significantly enhances both rental value and resale potential.
- The marina area is one of the city’s most prestigious zones, attracting high-income tenants, international buyers, and investors.
Being close to the Port of Limassol further strengthens the property’s appeal, particularly for:
- Shipping and logistics companies
- Marine services
- Corporate offices
- This dual proximity makes the asset highly resilient, even during market fluctuations.
- No VAT Advantage – Immediate Financial Benefit
Unlike many new or underdeveloped properties, this asset is offered with no VAT, providing:
- Lower acquisition cost
- Improved ROI from day one
- Easier resale in the secondary market
- For serious investors, this alone can represent tens of thousands of euros in savings.
- Open House Special Price – Limited-Time Opportunity
- Current Price: €625,000
- Previous Price: €645,000
- Properties with this location, zoning,
Sustainability
Solar Panels/ Photovoltaic
Energy Efficency Rating
Property Highlights
Resale
Title Deeds
Unfurnished
Lift/Elevator
Office
Open plan
Storage Room
Location
56.94 kms
72.67 kms
5.59 kms
0.46 kms
2.60 kms
3.59 kms
4.52 kms
4.66 kms
4.67 kms
9.57 kms
1.99 kms
2.23 kms
3.18 kms
3.43 kms
3.71 kms
4.05 kms
4.27 kms
4.43 kms
5.35 kms
5.56 kms
6.14 kms
7.39 kms
8.11 kms
Transfer Fees
Transfer Fees Individual
21,600 €
Transfer Fees Joint Names
18,200 €
Stamp Duty
1,158 €