Investment 340 m² in Limassol District, Cyprus

Cyprus

Archive cost $3,66M

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Investment 340 m² in Limassol District, Cyprus

Updated at: 28/03/2025

Location

Country: Cyprus

Region: Limassol District

Property parameters

Total area: 340 m²

Description

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

Location

Cyprus