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Building
Limassol Municipality, Limassol

€1,500,000  ($1,735,519)

My Space Real Estate

My Space Real Estate

Myspace Real Estate & A.SP.S.Thinkrealty – Reg. No: 396665 | License No: 1047-229/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $60,743

Average Bank Rate (€1,500,000)
1 USD = 0.8351 EUR
$1,796,262

Mid-market rate (€1,500,000)
1 USD = 0.8643 EUR
$1,735,519

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8804891 (245749)
  • Plot: 465 sqm

Description

Located on Agiou Andreou Street, one of the most prominent roads in the historic centre of Limassol and just a short distance from the seafront, this exceptional listed property presents a rare opportunity to restore and reposition a landmark building in a highly sought-after location. The property occupies a 465 m² plot and comprises a two-storey listed building with a total covered area of approximately 382 m². The ground floor offers 185 m² of internal space complemented by a 28 m² covered veranda, while the first floor provides 134 m² of covered area and a 35 m² covered veranda. As a protected historical building, the property benefits from government-supported renovation incentives and planning advantages. Situated within PA4 and PA7 planning zones, it offers flexibility for a variety of mixed-use concepts, including restaurant, residential, hospitality, office, retail, or other commercial applications. An additional development density allocation is available, providing significant future development potential and enhancing the long-term value of the asset. Combining heritage character, strategic location, planning flexibility, and development potential, this property represents an outstanding opportunity for investors, developers, and operators seeking a distinctive project in the heart of Limassol.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€56,600 ($65,487)
If buying on joint names
€53,200 ($61,553)

Disclaimer - Property reference 8804891. 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.

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