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€6,000,000 €1,346/m²

4458m² Building for Sale in Limassol – City Center

Limassol - City Center, Limassol district Posted 3 years ago Updated 7 months ago
5+Bathrooms
4,458 m²Covered area
1,900 m²Plot
Pre-OwnedCondition
YesParking
  • Storage room
Smart Assets Agency · Reg. 1109 · Licence 317/E 3,011 for sale

About this home

Reference ID: #SA28250Price details: €6,000,000Project  is a six-story building erected during the late seventies with a more or less 40 meters faade on commercial street which is one the five main roads springing from the center point of the old city area connecting itto its surroundings in all direct ions.Located right in the center of Limassol with only a few minutes wa lking distance to all the Cyprus Technological University's facilities which are scatert into severa l location within the classical center of the town.  Around building one can find doctors of all practices, chemists, health laboratories, dentists and pharmacists, also banks   and  further   to   the  above  all  kinds  of   local  and   international  fast-food establishments, casual dining and restaurants, bakeries and cafeterias, gyms and petrol station. Less than 100m away is the longest high street with more than 600 retail shops, kiosks, food stores, bookshops and copy centers as well as the local authorities central offices.  The main police headcourters as well as many lawyers operate very close by. Of course, building is also situated right in the mix of all the cultural activities and entertainment with cinemas and theate rs,bars and music stages and dance schools.   All the above and more provide the perfect and absolutely safe surroundings for the students or the visitors and provide the first excellent multiple opportunities for part time work.Its five floors above grand floor could easily be transformed into:Lucrative offices with high values and upscale rental feesA med center housing doctors from every medical specialization as well as medical laboratoriesA student's hall with modern apartments housed in the five floors above ground floor with the two basements and ground floor operating various services such as the reception, a cafeteria,a kiosk and mini market, an arcade, a bar, a small music stage and cinema combined, a laundry, a gym or any other activity or service on ca n find appropriate to host.A boutique business hotel right in the cities heartA Business Headcounters for any international, regional or local company

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Reference
SA28250
Property type
Building
Internal area
4,458 m²
Covered veranda
m²
Uncovered veranda
m²
Plot area
1,900 m²
Total floors
6
Parking
Yes
Pool
No

What it will really cost

Asking price€6,000,000
Title transfer fee ~€236,600
Estimated total€6,236,600
Mortgage estimate
Monthly payment—

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

How the price compares

66% below
average

At €1,346/m² compared with an average €3,997/m² across 454 similar listings — building in Limassol.

Asking price per m²This home
Average €3,997 This home €1,346
€1,346€5,460€9,573

Location

Limassol - City Center, Limassol district

Approximate area — ask the agency for the exact address Open in Maps
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€6,000,000€1,346/m²
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