550m² Building for Sale in Limassol District
About this home
Renovated listed commercial building in Limassol's old town (Historical Centre) — about 200 m from Limassol Marina. Income-producing tenanted asset with significant tax advantages: as a renovated listed building, all rental income is tax-free.
The Building
- 550 sqm total covered area
- 693 sqm plot
- Renovated listed building
- Resale condition
- Initially renovated for boutique-hotel use — adaptable for hospitality, F&B, offices or mixed commercial
Income Profile (per seller)
- Current rent: €20,000 / month
- Annual rent: €240,000
- Indicative gross yield: ≈5.71% on €4.2M
- Special tax benefit: as a renovated listed building, ALL rental income is tax-free
Investment Highlights
- Tax-exempt rental income — exceptional listed-building advantage
- Prime old-town location, 200 m from Limassol Marina
- Boutique-hotel-grade renovation already in place
- Suitable for hospitality, F&B, offices or mixed commercial use
- Heritage building character with renovation works completed
Location
- Limassol Old Town / Historical Centre
- About 200 m from Limassol Marina
- Reference
- 244434
- Property type
- Building
- Internal area
- 550 m²
- Plot area
- 693 m²
What it will really cost
Mortgage estimate
Estimate only. Legal fees, stamp duty and mortgage costs are not included.
How the price compares
average
At €7,636/m² compared with an average €3,987/m² across 474 similar listings — building in Limassol.
Location
Limassol district
- Akti Olympion A beach1.9 km
- Akti Olympion B beach - Blue Flag2.3 km
- COLORS beach2.6 km
- Miami Beach - Blue Flag2.9 km
- Onisilos Beach7.3 km
- Mr. American Kiosk Limassol0.1 km
- Yenagra Mini Mall0.1 km
- Agiou andreou0.1 km
- A. VICHAS & SON LTD0.3 km
- SBS Mini Market0.3 km
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