£812,040 GBP | $1,011,555 USD
Type: Property
Bedrooms: Studio
Floor area: 292 m2
Land area: 80 m2
Agent/Owner:
Cyprus Luxury Properties
Yiannis Panagides
Location: Cyprus
Speaks: English, Italian,Russian
Advert last updated: 4/25/2024
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Investment (Mixed Use) in Old town, Limassol for Sale
Listed historical building and 2 commersial shops sold as one entity situated in the center of Limassol walking distance to the sea, marina and all amenities.The building was built in 1856 and was used as a house and the two shops used to be stables. The property can be renovated and transformed into office spaces, apartments, restaurant or a boutique hotel.The total covered area of the Listed building is 292m2 with a density of 160%, the plot size of the shops is 160m2 with a density of 160%.
Being a listed building the property doesnt have any capital gain tax or any VAT.
The property is also eligible for a government subsidy.