Historic multi-use building perfect for restaurant, nightclub, theatre, shop
- Area: 670 m²
- Type: Building
- Condition: Resale
- Included: Parking, Balcony
- Energy Efficiency: A
- Square meter price: €6.716 /m²
Make better decisions with median price, value trends and other helpful analytics
Top 10 similar deals near this place on the map
Exclusive Commercial Opportunity in Limassol Old Town
For Sale: Historic Multi-Use Building | Perfect for Restaurant, Nightclub, Theatre, Shop & More
Asking Price: €4.5 Million
Direct from Owner – No Agents Please
A One-of-a-Kind Investment in the Heart of Limassol
Step into the past—and build the future—with this exceptional 650–700 sq.m. heritage property located in the cultural core of Limassol’s Old Town. Just steps from the city’s most charming square and minutes from the sea, this rare building combines history, character, and untapped potential.
Whether you envision a trendy bistro, high-end restaurant, music theatre, nightclub, cigar lounge, hookah bar, or a stylish concept venue, this space offers the flexibility to bring your creative vision to life in one of Cyprus’s most vibrant districts.
Highlights & Advantages
• Historical Status – Tax-exempt rental income
• Prime Pedestrian Location – Facing an open square (pedestrianized in 2024)
• Fully Licensed – Cafe, nightclub, alcohol, and event licenses (renewable post-renovation)
• Business-Ready – Company included with purchase, saving time and transfer costs
• Flexible Payment Plans Available
• High ROI Potential – Rare asset with future value growth
• Additional Development Space – Possibility to expand or resell unused square meters
Property Breakdown
Ground Floor – East Wing
• Fully licensed café/restaurant
• Equipped kitchen, prep area, dishwashing station
• Separate staff facilities
Ground Floor – West Wing
• Licensed nightclub & cabaret space
• Includes stage, dance floor, balconies, bar, restrooms, fire exits
• Kitchen access for event catering
Second Floor
• Expansive veranda with park views
• Office space
• Large hall ideal for fine dining, corporate events, or performances
• Guest facilities and adaptable layout
Why This Property?
There is nothing else like it in the Old Town. This historic property stands as a rare opportunity to build a prestigious hospitality or cultural venue in Limassol’s most visited and evolving neighborhood.
-
Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
-
Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
-
Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
-
Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
-
Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
Similar ads
Check for updates in favorites section
-
This account has a verified association with E-mongolia -
Verified since
-
Your ad will be marked as verified
-
Advertising will receive more attention and trust