Limassol landmark building
"""""""This is one of the nicest neoclassical registered listed buildings in the heart of the Old Town of Limassol. The building is 550, sq.m with option for a mezzanine about 100 sq. m and also has a unique roof terrace around 150 sq. m. plus kitchen and necessary facilities (included in the planning permit) so that the roof can be used for entertaining purposes. The building has a Planning Permit for office space which if necessary can be modified by the tenant according to his use and needs. All necessary documentation is readily available for the next step of a Building Permit application according to the tenant’s requirements. In the meantime a lot of the dirty work has been completed by the owner i.e. old plaster has been removed, stone walls were cleaned, most of the internal walls have been removed, old flooring which was in a poor condition has been removed. Also old plaster from the outside walls of the building has been removed, old stones were cleaned, and new plaster has been added. Balconies have been completely maintained, railings were sandblasted and repainted and finally the old broken wooden windows were replaced with new but of the same original wooden design. Finally the ground floor has been excavated 40cm down in preparation for the underfloor infrastructure. The interested tenant will take over the building in its current condition and undertake completion of necessary renovation works to his satisfaction and requirements. The estimated cost for the completion of structural reinforcement works and renovation of the building is estimated between €700.000 - €1.000.000 depending on the final interior alterations and design required. Since the tenant will be investing a considerable amount for the restoration of the building, the owner offers the building on a long term lease of 10 years at a very reasonable monthly rent. The owner is looking for a tenant that values the historical, cultural and architectural value of the building."""""""
Available from:2025-12-04
Offered at: 6,500
Type: Space
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