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Historic gem in prestigious old town, perfect for your dream business

Limassol, Historical Center
Posted: 06.12.2024 17:09 Ad ID: 5561614
Historic gem in prestigious old town, perfect for your dream business-1 Historic gem in prestigious old town, perfect for your dream business-2 Historic gem in prestigious old town, perfect for your dream business-3 Historic gem in prestigious old town, perfect for your dream business-4 Historic gem in prestigious old town, perfect for your dream business-5 Historic gem in prestigious old town, perfect for your dream business-6 Historic gem in prestigious old town, perfect for your dream business-7 Historic gem in prestigious old town, perfect for your dream business-8 Historic gem in prestigious old town, perfect for your dream business-9 Historic gem in prestigious old town, perfect for your dream business-10
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For Sale: Historic Gem in Limassol’s Prestigious Old Town – Perfect for Your Dream Business!

Discover endless possibilities with this 650-700 sq.m. heritage building in the heart of Limassol’s vibrant Old Town. Whether you're dreaming of opening a chic restaurant, a vibrant nightclub, a boutique, a music theater, a cigar lounge, or a hookah spot, this location is the perfect foundation for your next big venture!

Key Advantages: Tax-Free Rental Income for historical properties

Prime Square Location with a pedestrian-only zone coming by 2024—ideal for foot traffic and outdoor seating

Renewable Permits post-renovation

Flexible Payment Options tailored to your investment needs

Reinvestment Potential with unused square footage for sale or development

Effortless Ownership through a new company structure to avoid transfer costs

Building Highlights:

Ground Floor - East Side: Cafe-restaurant with a separate kitchen, dishwashing area, staff facilities, and renewable license

Ground Floor - West Side: Fully licensed nightclub and cabaret with a bar, stage, guest balconies, dance floor, fire exits, and kitchen access

Second Floor: Large veranda overlooking a park, office space, and spacious hall ideal for dining, conferences, or events, complete with restrooms and fire exits

Investment Opportunity:

This exceptional building in the heart of Limassol’s Old Town offers unparalleled value, with significant potential for increased value after renovation.

Asking Price: 4,500,000€

🚫 No Agents, Please!

Act now to secure your investment in one of Limassol’s most sought-after locations!

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€4.500.000
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€6.429/m²
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Vestor

Posting since apr, 2024

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