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Hotel for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
Hotel for sale in Limassol Municipality, Limassol 3991 Limassol Municipality
3500000 €3,500,000  ($3,807,866)
Hotel
Limassol Municipality, Limassol

€3,500,000  ($3,807,866)

The Property House

The Property House

License No 440/E- Registration No. 1006

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 $133,275

Average Bank Rate (€3,500,000)
1 USD = 0.8881 EUR
$3,941,141

Mid-market rate (€3,500,000)
1 USD = 0.9192 EUR
$3,807,866

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: 1309244 (2024_5558)

Description

The Property House presents this Boutique Hotel for sale, located in the historical centre of Limassol, 90 m from the beach.

The property is a preserved residential building undergoing renovation and consists of:
• 10 studio rooms
• reception
• snack bar
• beautiful large garden.

Benefits of obtaining a preserved property:
• It has zero taxation and every few years an application for government sponsorship can be
made for renovations up to €100.000 and more.

The Hotel rooms will maintain the traditional character of the property and yet offer all the modern amenities to make for a comfortable stay. The original mosaic floor will be preserved, further adding to the atmosphere of times gone by.

Ideally located in the vibrant old town of Limassol, the property is a stone's throw away from the Molos Promenade and within walking distance from the Marina and Anexartisias Street, with all their colourful restaurants and bohemian bars.

•• NOTE! There is an option to renovate the property into OFFICES!

• Delivery - 12 months from signing the purchase agreement

For more information, please give us a call.

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
€6,908 ($7,515)
If buying on joint names
€6,908 ($7,515)
Transfer fees
If buying as an individual
€136,600 ($148,616)
If buying on joint names
€133,200 ($144,916)

Disclaimer - Property reference 1309244. 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.

We SOLD 1260 properties in Limassol Municipality and nearby areas! We know our local area and we can sell your property in record time and for the best price.