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340m² Building for Sale in Limassol District

ID: 3199595
Posted: 6 months ago
Modified: 4 months ago

2
1
Under Construction
340m²
2024

€3 500 000
+ VAT

Price per m²

€10294/m²

VAT

Not Included in Price

VAT for this property is €376,765 (Reduced 5% rate) or €665,000 (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

Ref. #: 47800
Plot area: 478m²

This project is a preserved building. It consists of 10 studio rooms, with all hotel facilities. Also, it includes reception, bar and a beautiful large garden. The project is very well studied and there are various of ideas for good development.

Plot area: 478m2
Covered area 340m2 (257m2 consist of the preserved building and the other 86m2 consists area of a new building)
It has zero (0%) taxation and every 10 years an application for government sponsorship can be made for renovations up to €100.000.
90m from the sea, and near molos area.

The building is in a very good condition. It has a permission to start construction works immediately and will be delivered in less than 12 months.
Price: €2.9 million as offices and €3.5m as a Hotel Boutique studio apartments