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731m² Commercial for Sale in Limassol - Katholiki

  • Pre-Owned
  • 731m²
  • €2 300 000
Price per m²
€3146/m²
Title Transfer Fee
~€88,600
INDEX AI found 4 similar listings.
  • Ref. #: 29115
  • Plot area: 596m²
  • Furnishing: Unfurnished  

A rare investment opportunity in the Historical Center of Limassol in Katholiki area.
This two-storey mixed-use listed building offers significant potential for developers and investors.

Property Details:
• Land Area: 596 m²
• Building Size: 731 m²
• Additional Building Factor: 223 m²
• Building Density: 140%

Why This Property Stands Out:
• Prime Location: Heart of the historic center.
• Ready for Renovation: All permits secured (the new owner can choose to modify the permits and/or use. Suitable for shops, apartments, boutique hotels, offices, university accommodation, multipurpose open plan space, etc).
• Financial Incentives:
o Eligible for up to 40% renovation reimbursement.
o Excess building factor (223 m²) can be sold or transferred.
o Tax exemption of the rents collected by the owner.
o Exemption from property tax.
o Return of transfer fee & other various Government Incentives.

Investment Potential: With renovation approvals in place and additional building rights, this property’s value is set to grow significantly.

Still have questions? Reach out to listing owner.
Is there a title deed? How big is the covered veranda? How many floors does the building have in total? What is the heating type? Does the property have a parking lot? Is there a pool on the property?
  • €2 300 000
Price per m²
€3146/m²
Title Transfer Fee
~€88,600
INDEX AI found 4 similar listings.
  • Agency
  • R.N.:488 L.N.:344/E
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Other Listings of This Property

0
  • €2 300 000
  •   €3146/m2
  • 731m²
  • 2
  • 1990 and older
  • Pre-Owned
  • 57364
A rare investment opportunity in the Historical Center of Limassol in Katholiki Quarter, located on the highly sought-after Eleftherias Street. This two-storey mixed-use listed building offers significant potential for developers and investors.Property Details: Land Area: 596 m² Building Size: 731 m²  Additional Building Factor: 223 m² Building Density: 140% Why This Property Stands Out: Prime Location: Heart of the historic center. Ready for Renovation: All permits secured (the new owner can choose to modify the permits and/or use. Suitable for shops, apartments, boutique hotels, offices, university accommodation, multipurpose open plan space, etc). Financial Incentives: Eligible for up to 40% renovation reimbursement. Excess building factor (223 m²) can be sold or transferred. Tax exemption of the rents collected by the owner. Exemption from property tax. Return of transfer fee & other various Government Incentives. Investment Potential: With renovation approvals in place and additional building rights, this property’s value is set to…
  • Agency
INDEX AI found 4 similar listings.
0
  • €2 300 000
  •   €3146/m2
  • 731m²
  • VL46346
A rare investment opportunity in the Historical Center of Limassol in Katholiki Quarter located on the highly sought after Eleftherias Street. This two storey mixed use listed building offers significant potential for developers and investors. Property Details Land Area 596 m2 Building Size 731 m2 Additional Building Factor 223 m2 Building Density 140 Why This Property Stands Out Prime Location Heart of the historic center. Ready for Renovation All permits secured the new owner can choose to modify the permits and or use. Suitable for shops apartments boutique hotels offices university accommodation multipurpose open plan space etc . Financial Incentives Eligible for up to 40 renovation reimbursement. Excess building factor 223 m2 can be sold or transferred. Tax exemption of the rents collected by the owner. Exemption from property tax. Return of transfer fee other various Government Incentives. Investment Potential With renovation approvals in place and additional building rights this…
  • Agency
INDEX AI found 4 similar listings.
0
  • €2 300 000
  •   €3146/m2
  • 731m²
  • Pre-Owned
  • 25856
Listed Two-Storey Mixed-Use Property on Eleftherias St., Limassol A rare investment opportunity in the Historical Center of Limassol in Katholiki Quarter, located on the highly sought-after Eleftherias Street. This two-storey mixed-use listed building offers significant potential for developers and investors. Property Details: • Land Area: 596 m² • Building Size: 731 m² • Additional Building Factor: 223 m² • Building Density: 140% Why This Property Stands Out: • Prime Location: Heart of the historic center. • Ready for Renovation: All permits secured (the new owner can choose to modify the permits and/or use. Suitable for shops, apartments, boutique hotels, offices, university accommodation, multipurpose open plan space, etc). • Financial Incentives: – Eligible for up to 40% renovation reimbursement. – Excess building factor (223 m²) can be sold or transferred. – Tax exemption of the rents collected by the owner. – Exemption from property tax. – Return of transfer fee &…
  • Agency
INDEX AI found 4 similar listings.

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