550m² Building for Sale in Limassol District
- ID: 9878317
- Posted: 1 week ago
- Modified: 1 week ago
- Pre-Owned
- 550m²
Renovated listed commercial building in Limassol’s old town (Historical Centre) — about 200 m from Limassol Marina. Income-producing tenanted asset with significant tax advantages: as a renovated listed building, all rental income is tax-free.
The Building
– 550 sqm total covered area
– 693 sqm plot
– Renovated listed building
– Resale condition
– Initially renovated for boutique-hotel use — adaptable for hospitality, F&B, offices or mixed commercial
Income Profile (per seller)
– Current rent: €20,000 / month
– Annual rent: €240,000
– Indicative gross yield: ≈5.71% on €4.2M
– Special tax benefit: as a renovated listed building, ALL rental income is tax-free
Investment Highlights
– Tax-exempt rental income — exceptional listed-building advantage
– Prime old-town location, 200 m from Limassol Marina
– Boutique-hotel-grade renovation already in place
– Suitable for hospitality, F&B, offices or mixed commercial use
– Heritage building character with renovation works completed
Location
– Limassol Old Town / Historical Centre
– About 200 m from Limassol Marina
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