You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
Pay in USD and save up to $60,765For sale listed building in historical center of Limassol. The building was built in the 1900s and was used as a traditional hostel or motel for the travelers visiting Limassol. It can be renovated and transformed in music hall, hostel, restaurant, etc. Plot size 465m2, ground floor covered area 185m2 with covered veranda 28m2, first floor covered area 134m2 with covered veranda 35m2, total area: 382m2. Renovation Benefits from government : subsidy for the renovation by cash €90.000, subsidy by charismatic building factor €120.000, building zone PA 4, PA7 which gives the opportunity for the mix use of the building as a commercial property, restaurant, residential or commercial. Density available for sale - extra density in total of 549m2 from them 350 m2 can be used for the existing plot or can be sold for €781 per 1m2 of the extra density, Which in total will give an extra value for the building in amount of €429.000.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 7625355. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.
