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Major commercial building on Apostolou Petrou & Pavlou Avenue, Limassol — a completely renovated, large-scale asset suitable for hospitality, institutional, mixed-use commercial or hospitality re-purposing.
The Building
- 10,669 sqm total internal area
- 8,559 sqm plot
- Construction year 2000 — completely renovated in 2021
- 71 rooms
- 77 WCs
- Restaurants on site
- 70 parking spaces
- Elevator
- Alarm system
- Energy efficiency certificate in progress
Floor Breakdown
- Basement: 4,602 sqm — used as offices and auxiliary spaces
- Ground floor: 3,615 sqm (description also references 4,602 sqm — discrepancy noted)
- 1st floor: 2,452 sqm
Investment Highlights
- Major institutional-grade asset on a primary Limassol commercial avenue
- Fully renovated 2021 — minimal capex required
- 71-room layout suitable for hotel, serviced-apartments, education, training centre, clinic or large corporate HQ use
- 70-space on-site parking provision
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.
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