Apartment complex for sale in Limassol, Cyprus

Boutique Hotel located in Molos area, 90m from the sea. 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) Benefits of obtaining a preserved property: It has zero (0%) taxation and every 10 years an application for government sponsorship can be made for renovations up to €100.000. Delivery: December 2024. *Note here that there are other options available for this project, as there is a permission to construct it as offices in case the investor prefers that. Price: €3.5 million if it's going to be sold according to the residential option and €2.9 million if it is going to be sold as offices.

Additional Property Information:
• External size: 478 m²
• Size: 340 m²
• Exterior Amenities: Garden
• Reference: EDI_8425