€1,300,000 $1,369,140
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Pay in USD and save up to $47,920Key features
- Listing ID: 1596085 (SA35470)
- Plot: 319 sqm
Description
Reference ID: details: €1,300,000 +VATCommercial Property for sale in Limassol situated on the prominent Kolonakou Street.The property includes a ground-floor retail space, a basement and a separate residence located at the rear of the plot. Architectural plans are already in place for a modern developement comprising three residential apartments, a ground-floor retail space with a mezzanine level, and dedicated underground parking.1)The ground floor retail space is currently rented (€2,500K). The lease agreement states that in the event of sale, the tenant will vacate the premises if the new owner so wishes.2) There is a building permit for the construction of the apartment building, but it expired in 2023Plot area: 319 sq.m Zoning Details:Zone Ka7 (4%): Building Density 80% and Building Coverage 45%Zone Eb6 (96%): Building Density 100% and Building Coverage 50%Max. Height: 13.5mIt may be subject to VAT
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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