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Mercury Group
For sale: hotel in Cyprus, Limassol
- Cyprus, Limassol, Limassol Coastal road
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Property description
ID: CY-35-1-147645
- Cyprus, Limassol, Limassol Coastal road
Object type
Hotel
Land area
335 m2
Category
For sale
Price per m2
€ 1 731
Price
€ 580 000
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Mixed-use building in Omonoias, Limassol. This property is a mixed-use building in Omonoias. It is located at the junction of Katoli Kyriakou and Marinou Gabriel streets, very close to Omonoia Avenue. The plot has a total area 335sqm and the total covered area of the building is 472sqm. The building consists of a shop on the ground floor and 2 apartments on the 1st and 2nd floor respectively. The whole building was renovated about 11 years ago and a new elevator entrance was built. The property is currently occupied. Energy Performance Classifications for shop: Energy Class G Energy Performance Classifications for apartments: Energy Class F
Basic parameters:
Furnished:
Yes
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Limassol, Limassol Coastal road
Object type
Hotel
Land area
335 m2
Category
For sale
Price per m2
€ 1 731
Price
€ 580 000
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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