Description

Renovated listed commercial building in Limassol's old town (Historical Centre) — about 200 m from Limassol Marina. Income-producing tenanted asset with significant tax advantages: as a renovated listed building, all rental income is tax-free. The Building - 550 sqm total covered area - 693 sqm plot - Renovated listed building - Resale condition - Initially renovated for boutique-hotel use — adaptable for hospitality, F&B, offices or mixed commercial Income Profile (per seller) - Current rent: €20,000 / month - Annual rent: €240,000 - Indicative gross yield: ≈5.71% on €4.2M - Special tax benefit: as a renovated listed building, ALL rental income is tax-free Investment Highlights - Tax-exempt rental income — exceptional listed-building advantage - Prime old-town location, 200 m from Limassol Marina - Boutique-hotel-grade renovation already in place - Suitable for hospitality, F&B, offices or mixed commercial use - Heritage building character with renovation works completed Location - Limassol Old Town / Historical Centre - About 200 m from Limassol Marina