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Building
Linopetra, Limassol

€1,300,000  ($1,504,692)

Smart Assets Real Estate

Smart Assets Real Estate

Reg. No: 1109 | Lic. No: 317/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 $52,664

Average Bank Rate (€1,300,000)
1 USD = 0.8347 EUR
$1,557,357

Mid-market rate (€1,300,000)
1 USD = 0.8640 EUR
$1,504,692

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: 1596085 (SA35470)
  • Plot: 319 sqm

Description

Reference ID: details: €1,300,000 +VATCommercial Property for sale in Limassol situated on the prominent Kolonakou Street.The property includes a ground-floor retail space, a basement and a separate residence located at the rear of the plot. Architectural plans are already in place for a modern developement comprising three residential apartments, a ground-floor retail space with a mezzanine level, and dedicated underground parking.1)The ground floor retail space is currently rented (€2,500K). The lease agreement states that in the event of sale, the tenant will vacate the premises if the new owner so wishes.2) There is a building permit for the construction of the apartment building, but it expired in 2023Plot area: 319 sq.m Zoning Details:Zone Ka7 (4%): Building Density 80% and Building Coverage 45%Zone Eb6 (96%): Building Density 100% and Building Coverage 50%Max. Height: 13.5mIt may be subject to VAT

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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
€48,600 ($56,252)
If buying on joint names
€45,200 ($52,317)

Disclaimer - Property reference 1596085. 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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