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Mercury Group
For sale: hotel in Cyprus, Nicosia
- Cyprus, Nicosia
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Property description
ID: CY-35-1-116959
- Cyprus, Nicosia
Object type
Hotel
Area
382 m2
Category
For sale
Price per m2
€ 3 476
Price
€ 1 328 000
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For sale building of 382 sq.meters in Limassol. The building has 3 levels.The ground floor consists of . The first floor consists of . The second floor consists of . The property offers a roof garden.The property is subject to VAT. Building has a lift. Extras included with the property: parking space. Currently Under Construction Completion Date: August 2024 Parking available adjacent to the building Total sqm: 382sqm, covered: 332sqm, roof garden: 50sqm, storage: 10sqm Conference Rooms, Executive Offices, Open Plan Offices, Kitchen. Prime commercial investment opportunity in Limassol's historic old town. Central location with easy access to Gladstonos Road, seafront, and Pentadromos area. Three-story commercial space adjacent to Anexartisias Shopping Street and Saripolou Bar Street. Only 500m from the sea. Energy Efficiency: A This three-story commercial space, adjacent to Anexartisias Shopping Street and Saripolou Bar Street and just 500m from the sea, holds immense potential for commercial success. The project is under an SPV (separate company) so no VAT or Transfer Fees are applicable.
Basic parameters:
Number of parking places:
1
View characteristics:
City view
Distances:
Distance to airport: 65 km
Distance to the sea: 1 km
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Nicosia
Object type
Hotel
Area
382 m2
Category
For sale
Price per m2
€ 3 476
Price
€ 1 328 000
Currency calculator
From
To
What you should know, purchasing a property in Cyprus
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
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Total property cost:
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