Investment in Old Town, Limassol

Description

Listed historical building and 2 commersial shops sold as one entity situated in the center of Limassol walking distance to the sea, marina and all amenities.The building was built in 1856 and was used as a house and the two shops used to be stables. The property can be renovated and transformed into office spaces, apartments, restaurant or a boutique hotel.The total covered area of the Listed building is 292m2 with a density of 160%, the plot size of the shops is 160m2 with a density of 160%. Being a listed building the property doesnt have any capital gain tax or any VAT. The property is also eligible for a government subsidy.