€3,500,000 $3,651,025
Dom Real Estate
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Pay in USD and save up to $127,786Key features
- Listing ID: 1451419 (89647)
- Plot: 478 sqm
Description
A boutique hotel for sale in a historic building (reconstruction will take 12 months from the date of signing the contract) in the old town of Limassol, 90 meters from the Molos embankment. The project is an entire building building. The hotel will consist of 10 studio rooms with all the amenities of a modern hotel. There will also be a reception desk, a bar and a beautiful large garden. The advantages of purchasing historical real estate: zero taxation, every 10 years it is possible to apply for state sponsorship for repairs in the amount of up to 100,000 euros.
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.
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