€715,000 €1,625/m²

440m² Building for Sale in Arsos, Limassol District

Arsos, Limassol district Posted 1 year ago Updated 3 months ago
440 m²Covered area
18,223 m²Plot
Pre-OwnedCondition
Smart Assets
Smart Assets Agency · R.N.:1109 L.N.:317/E 3,011 for sale

About this home

Reference ID: #SA36685Price details: €715,000The property for sale is a winery within a large residential field in Arsos Community of Limassol District. It is located at a distance of 400m (approx.) northwest of the community center and abuts onto  Arsos – Agios Nikolaos main road.The wider area of the property is primarily agricultural, comprising of cultivated land with a small number of agricultural buildings.The field has an irregular shape, a slopping surface in 4 different levels and within the land there is a vineyard. It is noted that the parcel has a total land area of approximate 18,223sqm.Within the southwest part of the field there is a detached incomplete building that began construction around the year 2000. The basement consists of an open plan storage area, cava and bottling area. The ground floor was operated as a winery and a restaurant while the upper floor is has remained incomplete. Externally, there is a fence wall, a storage, an auxiliary building, an uncovered parking space and a kiosk.The ground floor is approximate 290sqm plus a basement area of approximate 290sqm and an incomplete upper floor of approximately 150sqm. It should also be noted that the northern part of the land is vacant and it can be used for on-site cultivation purposes or the additional extension of the building.The property falls within the Residential Zone H6a having a maximum building density of 25%.  It is noted that the property falls within the consolidation area.

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Reference
SA36685
Property type
Building
Plot area
18,223 m²

What it will really cost

Asking price€715,000
Title transfer fee ~€25,200
Estimated total€740,200
Mortgage estimate
Monthly payment

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

How the price compares

59% below
average

At €1,625/m² compared with an average €4,000/m² across 440 similar listings — building in Limassol.

Asking price per m²This home
Average €4,000 This home €1,625
€1,500€5,537€9,573

Location

Arsos, Limassol district

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