Listed Building in the Heart of Limassol's Historic Center

The Property House presents his two-story listed building presents a unique chance to own a piece of Limassol’s architectural heritage while unlocking substantial investment potential. With a generous land area of 596 m² and a total built area of 731 m²—plus an additional 223 m² of transferable building factor—this property offers exceptional flexibility for redevelopment.

Positioned within walking distance of Limassol’s Old Town attractions and cultural landmarks, the location alone makes this a standout opportunity. All permits for renovation are already secured, allowing the new owner to immediately begin transforming the space, or to adapt the plans to suit a new vision. Whether reimagined as a boutique hotel, upscale apartments, commercial offices, or a mixed-use urban hub, the possibilities are endless.

In addition to its prime setting and redevelopment potential, the property benefits from a series of financial incentives that further enhance its appeal: up to 40% reimbursement on renovation costs, the ability to sell or transfer the excess building factor, tax exemptions on rental income, and full exemption from property tax. Even transfer fees are reimbursed under current government schemes.

With its combination of location, scale, and built-in advantages, this historic gem offers a rare opportunity to invest in the future of Limassol—while preserving a piece of its past.

For more information please contact us!