DOM.COM.CY Investments

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

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Additional:

Pantry
Toilet
Household appliances
Air conditioner
Heating
Business license
Furniture

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.

Object

№181537

Type:

Commercial

City:

District:

Complex:

Developer:
Land area:

316 m²

Floor:

2

Floors:

2

Construction year:

07/2000

Distance to sea:

17500 м

Energy class:

B

Payback:

18

ROI:

5.5%

€400,000
DOM Real Estate

DOM Real Estate

+35725654274