Apartment in a luxury residence with guaranteed return

location icon
Cyprus, Limassol
square icon
113 m² — 351 m²
bed icon
1—3 Bedrooms
bathroom icon
1—3 Baths
info icon
ID CY25011

from €875,000

113 m² • from €7,743.36 m²
Elena Kozyrevaexpert of the Cyprus residence permit program for investment
cy-flag

Cyprus Permanent Residence

€300,000+6+ months

Property is eligible for Cyprus Permanent Residence by Investment Program

Learn more

Cost

Property cost

€875,000 — €3,750,000

Price for m²

€7,743.36 — €10,683.76

Purchase taxes

5, 19% VAT

State fees

0,2%

Registration cost

1%

Distances

Sea 100 m
Infrastructure 100 m
Airport 61 km

Yield and management

Yield

5%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The project is located in the heart of Limassol's tourist area, in Yermasogeia, in the most popular area of the city, close to famous boutiques, gourmet restaurants and luxury hotels in the city. All recreational facilities are at hand. The project is a 21-storey building and offers panoramic views of the sea, the city and the vast area from the eastern borders to the west of Limassol. 54 exquisite fully finished residences with excellent interior design and outdoor living areas. 

The presence of additional services on the territory of the complex elevates the status of the accommodation to the level of a luxury hotel, providing security, concierge services and a 24-hour reception, as well as hotel services such as room service, house cleaning, dry cleaning and clothing repair. On the 4th floor there is a modern outdoor tennis court. On the 10th floor there is a famous restaurant and an infinity pool with panoramic views, a garden and bars. On the 11th floor there is a fitness and yoga club. 

Additional characteristics:

  • complete installation of air conditioning and underfloor heating
  • rooms are equipped with automatic fire sprinklers
  • connection to security and fire alarms
  • home theater plumbing
  • LED lightening
  • cctv security system
  • high speed elevators

Investment advantages:

  • Rental guarantee 5% for 3 years
  • Expected return on investment: more than 9%
  • Possibility of VAT refund in full
  • Immediate income: apartment ready for rent
  • Full management is carried out by the rental and facility management company
  • Fully furnished and equipped exquisite residences with panoramic views
  • Project completed and fully operational

At present are available:

  • apartments with 1 bedroom, 9th floor, 113 sq. m., 875 000€ 
  • apartments with 1 bedroom, 18th floor, 111 sq. m., 1 060 000€ 
  • apartments with 1 bedroom, 18th floor, 110 sq. m., 1 060 000€ 
  • apartments with 3 bedrooms, 20th floor, 251 sq. m., 3,750,000€

Real estate

Object category

New

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

113 m² — 351 m²

Number of storeys

21

Land area

Covered

Bedrooms

1—3

Baths

1—3

Parking

Yes

Renovation

Standard

Furniture

Furnished

View

Sea, City, Plot

Equipment

Electrical heating
VRV conditioning

Properties

Elevator
Covered deck
Open deck
Public pool
Pantry
Concierge desk
Gym
Tennis court
Roof garden
Security
Underfloor heating
Internet
TV

Location