Property 3101 Limassol / LIM-PAF-26440
Prime Ground Floor Restaurant-events Hall In Historic Katholiki Quarter.
-62%
Opportunity!
5
Why is this Property Classified as an Opportunity?
Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.
Limassol Indicative Price
4,571.25 €This Property
1,755.56 €For Sale • Deal
395,000€
Estimated Mortgage
/month
225
m2
Property Description
This property, concerns the ground floor of a two storey listed building located within the historic Katholiki quarter area. It consists the 50% share that corresponds to about 272 sq.m, where the remaining 50% constitute the first floor. The tenant operates within a well known restaurant-events hall, that occupies the ground floor of approx. 225 sq.m.
and the mezzanine of approx.47 sq.m. The property is located approx. 500m from Molos and in walking distance from Limassol marina.. The property falls within Zone Πα8α, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (8.3m) of construction.
Sustainability
Solar Panels/ Photovoltaic
Energy Efficency Rating
No Required/ Pending
Property Highlights
Unfurnished
Location
59.93 kms
69.25 kms
0.75 kms
1.46 kms
1.46 kms
1.57 kms
3.76 kms
7.30 kms
8.08 kms
9.58 kms
9.75 kms
0.85 kms
1.04 kms
1.05 kms
1.09 kms
1.27 kms
2.15 kms
3.40 kms
4.44 kms
4.78 kms
5.87 kms
8.89 kms
9.50 kms
Transfer Fees
Transfer Fees Individual
12,400 €
Transfer Fees Joint Names
9,000 €
Stamp Duty
698 €