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Commercial Building for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
Commercial Building for sale in Limassol Municipality, Limassol 6233 Limassol Municipality
2300000 €2,300,000  ($2,419,222)
Commercial Building
Limassol Municipality, Limassol

€2,300,000  ($2,419,222)

CENTURY 21 CYPRUS

CENTURY 21 CYPRUS

Reg. No: 1141 / Licensed No: 110/E

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.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $84,673

Average Bank Rate (€2,300,000)
1 USD = 0.9186 EUR
$2,503,894

Mid-market rate (€2,300,000)
1 USD = 0.9507 EUR
$2,419,222

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: 1466981 (1079004)
  • Total covered area: 332 sqm

Description

We are so pleased to offer this commercial unit with lots of history and heritage behind it, located in the heart of the City in Katholiki, Limassol.

The space was firstly build in 1918 and it was firstly used as a clinic and it was in full use up until the end of the 2nd world war. Since then the property has been vacated but the ground floor has been used for a different variety of commercial needs. The building needs renovation as it has huge potential mainly because it has one of the most unique locations in Limassol. It can be used as offices, shopping center, short term rentals, airbnb and a lot more depending on the vision of the potential investor.

What is important to know is that the property is preserved (διατηρητεο) which means the outside area must remain how it is but it has the huge benefit of tax free income if the potential buyer has plans to use it as a passive income.

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€4,508 ($4,741)
If buying on joint names
€4,508 ($4,741)
Transfer fees
If buying as an individual
€88,600 ($93,193)
If buying on joint names
€85,200 ($89,616)

Disclaimer - Property reference 1466981. 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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