₪17,284,950
Germasogeia Tourist Area
Building
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1323 m² Covered
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FOR SALE - ₪17,284,950 - REF. NO. PL49490


The proposed investment building is located in Limassol’s Yermasoyia tourist area and it

has an internal covered area of 1.323 m2

The building is situated among the finest Hotels in the Yermasoyia area such as the

Royal Apollonia and Londa Hotels. All amenities such as restaurants and coffee houses

are within walking distance.

The proximity to the sea also renders this project highly sought after taking into

consideration the current market tendencies which point to the fact that more people

want to buy a property with short distance to the sea. From the premises it takes only 4

minutes to walk to the nearest sandy beach as it is located 400 metres away from it.

The  project consists of a four floor building with a huge communal swimming

pool and there are already architectural plans for its renovation. For this project there

is no additional VAT because it will be a renovation. The renovation work will start at

the end of the current season and will finish in 4 to 5 months. The current building will

be converted to 12 individual luxury units

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