292m² Building for Sale in Limassol District

Limassol district Posted 2 years ago Updated 3 months ago

292 m²Covered area

80 m²Plot

Pre-OwnedCondition

1990 and olderBuilt

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1st Class Homes Agency · Reg. 690 · Licence 367/E 6,667 for sale

About this home

Listed historical building and 2 commersial shops sold as one entity situated in the center of Limassol walking distance to the sea, marina and all amenities.The building was built in 1856 and was used as a house and the two shops used to be stables. The property can be renovated and transformed into office spaces, apartments, restaurant or a boutique hotel.The total covered area of the Listed building is 292m2 with a density of 160%, the plot size of the shops is 160m2 with a density of 160%.
Being a listed building the property doesnt have any capital gain tax or any VAT.
The property is also eligible for a government subsidy.

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Reference: 30106
Property type: Building
Plot area: 80 m²
Construction year: 1990 and older

What it will really cost

Asking price€950,000

Title transfer fee ~€34,600

Estimated total€984,600

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

How the price compares

19% below
average

At €3,253/m² compared with an average €3,993/m² across 459 similar listings — building in Limassol.

Asking price per m²This home

Average €3,993 This home €3,253

€1,500€5,537€9,573

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