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Building for sale in Katholiki, Limassol

Katholiki, Limassol, Cyprus
Building for sale in Katholiki, Limassol 609 Katholiki
4500000 €4,500,000  ($4,713,434)
Building
Katholiki, Limassol

€4,500,000  ($4,713,434)

Dom Real Estate

Dom Real Estate

DOM Real Estate Agent reg. number: 397 License: 338/Ε

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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 $164,970

Average Bank Rate (€4,500,000)
1 USD = 0.9224 EUR
$4,878,404

Mid-market rate (€4,500,000)
1 USD = 0.9547 EUR
$4,713,434

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: 1540766 (111969)

Description

A unique historical building is offered for sale, located in Limassol, Historical Centre, in a prestigious area overlooking the park. On the ground floor, on the east side, there is a cafe-restaurant with a separate kitchen, a dishwashing area, a bathroom and a shower for staff, as well as two men's and two women's toilets. The cafe has a valid license, which can be extended after renovation. On the west side of the ground floor there is a nightclub with a cabaret license, including a separate bar, a stage, balconies for guests, a dance floor, men's and women's toilets, a fire exit and access to the kitchen for serving food. On the second floor there is a large veranda overlooking the park and toilets for men and women, an office space and a spacious hall that can be used for a restaurant, conferences or events. The hall is also equipped with two men's and two women's toilets and has a separate fire exit. The advantages of the building include a complete infrastructure for creating a recreation center and the possibility of obtaining permission to place tables on the square in front of the building. By 2024, the square will become a pedestrian zone, which will significantly increase traffic. The building also has unsold square meters that can be resold or used to complete other facilities. The building has a unique status, and there will be no more similar buildings in this location, which guarantees a possible increase in prices after repairs and renewal of licenses.

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
€8,908 ($9,330)
If buying on joint names
€8,908 ($9,330)
Transfer fees
If buying as an individual
€176,600 ($184,976)
If buying on joint names
€173,200 ($181,415)

Disclaimer - Property reference 1540766. 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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