Apartments in a unique closed residential eco-project
from €299,000
72 m² • from €2,113.14 m²Cyprus Permanent Residence
€300,000+6+ monthsProperty is eligible for Cyprus Permanent Residence by Investment Program
Learn moreCost
Property cost
€299,000 — €579,000
Price for m²
€2,113.14 — €4,152.78
Purchase taxes
5, 19% VAT
State fees
0,2%
Registration cost
1%
Distances
Yield and management
Yield
5-7%
Property management
Yes
Description
The project features the first gated, sustainable community with 315 apartments, lots of greenery (nearly 44,000 plants and trees) and many amenities including swimming pools, basketball and tennis courts, private gym, mini supermarket, business center, coffee shop/ small restaurant and other amenities. The area of the community is almost 100,000 sq. m.
The project is located next to the City of Dreams Casino Resort, which is the largest investment ever made in Cyprus. The residential complex consists of 20 three-story blocks, 8-15 apartments each and is implemented in 2 phases. Phase A was commissioned in the summer of 2022, simultaneously with the opening of the City of Dreams Casino Resort, and phase B will be finished in April 2024.
The apartments correspond to the high quality of development. Each building has 2 levels of roof gardens.
- 1 bedroom – from euro 289.000+VAT
- 2 bedroom – from euro 419.000+VAT
- 3 bedroom – from euro 499.000+VAT
Specifications:
- Photovoltaic panels
- Electricity generated by photovoltaic panels will cover the majority of all electricity needed in public areas
- Wastewater is treated with STP and will be used for landscape irrigation
- Security 24/7: entrance to the territory will be controlled using an access card and CTTV
Project advantages:
- Property management services
- Cleaning services
- Interior Design
- Affordable and competitive prices
- High rental demand
- Surrounding developments and amenities (the largest casino resort in the Mediterranean, golf course, beach, shopping mall, water park) along with the unique offerings and amenities of the project will create high demand and added value, so it is important to invest now, at an early stage.
- Advantage of early entry at a lower price
- Attractive rental yield
- Upside potential for future sale
- Security: gated complex with controlled access
- Convenient location: 5 min drive to Limassol Marina, less than 10 km from the business center of Limassol
- Comfortable and safe living for families with integrated amenities for a multitude of activities
Real estate
Object type
Object category
New
Object stage
Construction
Permits
Yes
Object completion date
April 2024
Design features
Ownership
Characteristics
Total area
72 m² — 274 m²
Number of storeys
3
Land area
Open
Bedrooms
1—3
Baths
1—2
Parking
Yes
Renovation
Standard
Furniture
Partially furnished
View
Mountain, City, Pool, Garden