Resale Opportunity: 3-Bedroom House Under Renovation in Prime Panthea, Limassol

Exclusive opportunity to own a spacious, two-story, 3-bedroom resale house in the highly sought-after, quiet residential area of Panthea, Limassol. This property is scheduled for a comprehensive renovation to be completed in approximately 8 months, allowing the new owner to potentially influence the final design or simply move into a freshly modernised home.

Perfectly positioned next to all essential amenities and offering easy access to the highway, this house combines suburban tranquility with city convenience. It is an ideal family residence, offering comfort, functionality, and excellent potential for customisation.

Location & Lifestyle Advantages

The Panthea area of Limassol is renowned for its elevated position, offering privacy, peace, and often, scenic views, while maintaining excellent connectivity.

• Premium Location: Situated in one of the most beautiful and peaceful residential neighbourhoods in Panthea.
• Family-Friendly: Conveniently located near reputable schools (including proximity to the Grammar School, a common local landmark for this area), supermarkets, and other essential services.
• Excellent Connectivity: Easy and fast access to the Limassol highway, making commuting throughout the city and to other parts of Cyprus straightforward.
• Privacy & Views: The elevated location provides both a sense of privacy and the benefit of potentially scenic mountain or city views.

• Plot : 361 m2
• 2 Floors
• 3 Bedrooms (Master bedrooms with en suite)
• Internal Area: 199.50 m2
• Covered area Ground Floor : 88 m2
• Covered area First Floor: 111.50 m2
• Covered Veranda: 21 m2
• BBQ Area: 7 m2
• Uncovered Veranda: 95 m2
• Swimming Pool Overflow : 6.50 * 3.50 m2 (Optional)
• Title Deed available
• Covered Parking 18 m2

Renovation & Investment Highlights

Purchasing a property scheduled for renovation presents unique benefits, particularly in a high-demand area like Panthea:

1. Customisation Potential: While the renovation is scheduled, having a window of approximately 8 months could allow the new owner to consult with the developer/contractor to tailor the finishes, materials, and potentially some design elements to their personal taste and requirements. You can create your dream home from a solid resale structure.
2. Increased Value: A full, quality renovation will significantly increase the property’s market value immediately upon completion, securing a strong return on investment compared to buying a fully renovated property at a higher price or undertaking the renovation yourself from scratch.
3. Modern Comfort & Efficiency: Renovations are the ideal time to incorporate modern standards for energy efficiency (e.g., insulation, double-glazing) and install new, functional systems (e.g., modern plumbing, electrical wiring, updated A/C and heating provisions).
4. Ready-to-Move-In: You benefit from a fixed timeline and a ready-to-move-in, fully modernised house without the day-to-day stress of managing a large-scale construction project.

This specific property, with its generous 199.50 m² covered area on a 361 m² plot, offers ample space for family living and outdoor enjoyment, especially with the potential addition of a private overflow swimming pool.