River Plaza is a substantial residential property located in Ayios Tychonas, Limassol, situated on a generous 3,460 m² plot with approximately 1,550 m² of total covered area.

The property currently comprises 14 residential apartments, together with 2 staff/auxiliary units, while offering the potential for the development of 4 additional future apartments.

Key Property Details

* Land area: 3,460 m²
* Total covered area: approx. 1,550 m²
* Existing residential apartments: 14
* Staff units: 2
* Future apartments: 4
* Total potential units: 20
* Current annual rental income: €295,800
* Swimming pool
* Roof garden with jacuzzi
* Multiple storage areas

The existing apartments are already generating a strong annual rental income of €295,800, providing an attractive income-producing asset from day one. In addition, the 4 future apartments offer further potential to increase the property’s rental income and overall value.