Own a historic gem in prestigious old town. perfect for your dream business
Own a Historic Gem in Limassol's Prestigious Old Town: Perfect for Your Dream Business!
Imagine the possibilities within this unique 650-700 sq.m. heritage building, ideally situated in the bustling heart of Limassol’s Old Town. From a vibrant nightclub or restaurant to a charming boutique, music theater, cigar lounge, or hookah place—the choice is yours to create a business (or businesses!) that stands out in an unparalleled location.
Key Advantages:
• Historical Building: Enjoy rental income that’s tax-free on this historic property!
• Prime Location: The building opens directly onto a square, with city plans to make it pedestrian-only by 2024, increasing foot traffic and outdoor seating options.
• Ready Permits: Existing permits can be renewed post-renovation.
• Flexible Payment Options: Tailored payment plans make it easy to invest.
• Reinvestment Potential: Unused square footage can be sold or developed for additional properties.
• Business Opportunity: Purchase includes a new company created specifically for this transaction—streamline your ownership with no transfer title costs!
• Unique Value & Investment Potential : With no other properties like it in the area, this rare building ensures exclusivity and the potential for increased value post-renovation.
Building Highlights:
• Ground Floor – East Side:
• Fully equipped cafe-restaurant with a separate kitchen, dishwashing area, and staff facilities. The cafe has a valid license, renewable post-renovation.
• Ground Floor – West Side:
• Licensed nightclub and cabaret area with a bar, stage, balconies, dance floor, guest restrooms, fire exit, and kitchen access for food service.
• Second Floor:
• Large veranda with park views, office space, and a spacious hall perfect for a restaurant, conference space, or event venue. Equipped with restrooms, a fire exit, and adaptable layout options.
Step into this one-of-a-kind investment and bring your business dreams to life in Limassol’s most iconic district. Contact us today for more information!
Excellent return on investment
NO AGENT please
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