€750,000 $837,788
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Pay in USD and save up to $29,323Key features
- Listing ID: 1503052 (480031017_1315)
- Plot: 350 sqm
- City Center, Near/On Sea, Residential
Description
An amazing plot of 350m2 with a 105m2 listed house in the heart of Limassol's City Center, a few steps from the seafront and the Municipal Library, a landmark in Limassol. Also, within a short distance to the University, the Limassol Marina and the sea. An application for a planning permit has already been submitted for 9 studios and 1 x 1 bedroom apartment with separate common areas and an amazing roof garden.
The property benefits from:
1. Eur 100,000 government funding for the renovation
2. Eur 40,000 coefficient that can be sold after renovation
3. Eur 60,000 coefficient by the government
Please note that income from listed buildings is tax-free and the government offers more benefits to listed building owners.
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