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Investment (Residential) in Molos Area, Limassol for Sale

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Web Reference: #47800

Property 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

 

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