Historic Listed Building in Limassol Project №135980
We are delighted to present one of the most prestigious listed buildings in Limassol’s historic center on Agiou Andreou Street.
Key Features:
Prime Location – Situated in the vibrant historical district of Limassol.
Recently Renovated – Preserving the charm of 18th-19th century architecture while incorporating modern appliances.
Impressive Architecture – Ceiling height of 5.2 meters, adding to the grand and spacious feel of the property.
Current Rental Income – The building is fully tenanted until mid-2026, providing stable income. Afterward, rents can be adjusted, or the building can be repurposed (restaurant, office, or other commercial use).
Low Current Rent Prices – The current rental prices are below market rates, offering significant potential for increased profitability.
Exempt from Taxation – Enjoy tax benefits associated with listed buildings.
Government Compensation Available – Owners may claim renovation incentives, including for the most recent renovation, as it has not yet been used.
Flexible Ownership Structure – Divided into five separate title deeds, offering versatile investment options.
This is a unique opportunity to acquire a historic property, the value of which only increases over time, with substantial potential for profitability.
For more information, please feel free to contact us.
