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Traditional Village House for Sale – Licensed Tourist Residence in Limassol Project №181537

181537
https://dom.com.cy/upload/uf/201/611ejy2jxllobflpjtualstawc8gnl9d.jpg
Additional:
Furniture
Appliances
Air Conditioner
Heating
Storage
Toilet
Лицензия на бизнес
Description:

We are happy to present a charming stone-built traditional house located in the picturesque wine-producing village of Vouni, just 25 minutes’ drive from Limassol.

This is a listed building, fully renovated between 2001–2002 in line with the specifications of the Listed Building Authority. Its use was officially converted to licensed tourist accommodation, making it a legal and operational short-term rental business. It consists of three independent one-bedroom apartments, each with unique architectural details and private access.

Property Layout:

Two units on the ground floor, each with large sitting/dining rooms (~45 m²), traditional working fireplaces, and charming features such as a stone arch or wooden beams.

One unit on the upper level, accessed by a traditional external stone staircase, includes a spacious living/dining area, a separate kitchen (3.5 × 4 m), a WC with shower, a 4 × 5 m bedroom, and a 10 m² covered balcony with panoramic views of the village and surrounding hills.

All units open into a communal courtyard, ideal for outdoor relaxation.

Investment Potential:

Two of the apartments are currently rented long-term, each at €600/month.

The third unit is kept vacant for owner use or can be rented for additional income.

Can generate a stable income from long-term rentals, or higher returns through short-term holiday lets.

Eligible for government renovation grants.

As a listed property, rental income is exempt from regular income tax, subject only to a 3% special contribution on 75% of the rental income.

Can be ideal for a small-scale tourism business or a family home with income potential.

For more information on this unique investment opportunity in Cyprus' countryside, please feel free to contact us.

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Object
№181537
Type:
Commercial
City:
District:
Complex:
Developer:
Land area:
316 m2
Storey:
2
Floor:
2
Year of construction:
2000
Distance to the sea:
17500 m
Energy efficiency class:
B
Payback:
18 years
ROI:
5.5%
400 000 EUR
1 266 EUR/m2
2025-12-12T04:22
181537
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