Cyprus Real Estate Marketplace

2418m² Building for Sale in Limassol District

  • Under Construction
  • 2418m²
  • 2022
  • €8 500 000
  • + VAT
Price per m²
€3515/m²
VAT
Not Included in Price
VAT for this property is €1,516,572 (Reduced 5% rate) or €1,615,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Ref. #: 27598
  • Plot area: 2612m²

The hotel will contribute to the revitalization of the historical center of Limassol, providing a unique landmark for tourists and locals, either for visiting, urban living or simply entertainment and relaxing. It will be the new word for hospitality in Limassol. It complements and reflects the rich architecture of the Architectural Heritage District with its urban vernacular aesthetics, earthy colours, tall and narrow openings all with a contemporary touch.
It will consist of a 3 star hotel on the main street comprised of:

Main Lobby lounge
Restaurant & Wine Bar
Staff Facilities
Laundry Room
Spa Facilities & Wellness Centre
Roof-top Swimming Pool
Internal courtyard & botanical garden
Arcade cafe area
4 Double Rooms
12 Single Rooms

All rooms overlook the main street or the unique internal courtyard & botanical garden
To the north of the parcel you will find the private residences comprised of:

17 studio apartments

All apartments are south-facing with ample covered verandas overlooking the unique internal courtyard & botanical garden.
All apartments have smart & compact facilitiy designs so as to maximise the space and enhance everyday living.
The exclusive Private Residences shall have access to all the hotel facilities and services.

  • District: Limassol
  • €8 500 000
  • + VAT
Price per m²
€3515/m²
VAT
Not Included in Price
VAT for this property is €1,516,572 (Reduced 5% rate) or €1,615,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Agency
  • R.N.:690 L.N.:367/E
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