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Hotel for sale in Katholiki, Limassol

Katholiki, Limassol, Cyprus
Hotel for sale in Katholiki, Limassol 589 Katholiki
3500000 €3,500,000  ($3,881,557)
Hotel
Katholiki, Limassol

€3,500,000  ($3,881,557)

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 $135,854

Average Bank Rate (€3,500,000)
1 USD = 0.8712 EUR
$4,017,412

Mid-market rate (€3,500,000)
1 USD = 0.9017 EUR
$3,881,557

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: 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.

Stamp Duties
If buying as an individual
€6,908 ($7,661)
If buying on joint names
€6,908 ($7,661)
Transfer fees
If buying as an individual
€136,600 ($151,492)
If buying on joint names
€133,200 ($147,721)

Disclaimer - Property reference 1451419. 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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