€3,500,000 $3,651,025
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Pay in USD and save up to $127,786Key features
- Listing ID: 1309244 (2024_5558)
- Plot: 478 sqm
Description
The Property House presents this Boutique Hotel for sale, located in the historical centre of Limassol, 90 m from the beach.
The property is a preserved residential building undergoing renovation and consists of:
• 10 studio rooms
• reception
• snack bar
• beautiful large garden.
Benefits of obtaining a preserved property:
• It has zero taxation and every few years an application for government sponsorship can be
made for renovations up to €100.000 and more.
The Hotel rooms will maintain the traditional character of the property and yet offer all the modern amenities to make for a comfortable stay. The original mosaic floor will be preserved, further adding to the atmosphere of times gone by.
Ideally located in the vibrant old town of Limassol, the property is a stone's throw away from the Molos Promenade and within walking distance from the Marina and Anexartisias Street, with all their colourful restaurants and bohemian bars.
•• NOTE! There is an option to renovate the property into OFFICES!
• Delivery - 12 months from signing the purchase agreement
For more information, please give us a call.
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.
Disclaimer - Property reference 1309244. 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.