sale and rental
The property stands on a large corner plot abutting on three roads from three sides in Yermasoyia area, in the centre of the best tourist area of Limassol. It is a building complex comprises the following: Ground Floor - large area used as bar/restaurant/shop covering an area of 500m². Basement - large underground space with mezzanine constructed and used as a night club. It has a total ground area of 1400m² plus 1000m² mezzanine. Apartment Building (3 Floors) - residential accommodation consisting 10 units, 6 one bedroom flats and 4 studios of a total cover area of 500m² with 300m² uncovered verandas. Each unit is 50 sq.m.
The above property is considered to be very attractive as an investment with security of capital and income.
|Transfer Fee (single payment)|| One owner: 186582.8€ (3.93%)
Two owners: 183165.6€ (3.86%)
|Stamp duty (single payment)||9433€ (0.20%)|
|Immovable property tax (anual payment)||5035€ (0.11%)|
|Municipal tax (annual payment)||250€/Year (0.01%)|
|Legal fee (single payment)||from 38000€ (0.8%) to 47500€ (1%)|
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