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Hotel
Potamos Germasogeias, Limassol

€4,600,000  ($5,233,517)

FIRST CLASS HOMES

FIRST CLASS HOMES

Reg. No: 1256 | Lic. No: 258/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 $183,173

Average Bank Rate (€4,600,000)
1 USD = 0.8492 EUR
$5,416,690

Mid-market rate (€4,600,000)
1 USD = 0.8790 EUR
$5,233,517

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: 8152073 (61803)
  • Plot: 1024 sqm
  • none

Description

Hotel Apartments for Sale – Germasogeia Tourist Area, Limassol.Only 150 meters from the beachAn outstanding investment opportunity in the heart of Limassol’s most vibrant tourist district. This hotel apartment complex is ideally located in Germasogeia, within walking distance of the beach, shops, restaurants, and all amenities.The property is set on a 1,261 m² plot and offers a total of approximately 1,000 m² of covered areas, plus verandas and auxiliary spaces:Four Floors – Approx. 1,000 m² coveredEach floor: 3 one-bedroom apartments + 1 studioTotal accommodation: 20 roomsGround Floor – 265 m² covered:Restaurant and reception area.Basement – 300 m² covered:Parking for 20 vehicles.Verandas:180 m² of outdoor terrace space.Outdoor Areas:Swimming pool with pool bar and leisure areas.The hotel is fully operational but requires a small renovation, offering excellent potential to modernize and significantly enhance its value and rental yield. With its prime central location in the tourist area and just 150 meters from the sea, this property is ideal for investors seeking a high-demand hospitality asset in 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
€180,600 ($205,472)
If buying on joint names
€177,200 ($201,604)

Disclaimer - Property reference 8152073. 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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