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Apartment in a luxury residence with guaranteed return

Cyprus, Limassol
ID CYP221323
Object sold
Apartment in a luxury residence with guaranteed return
from €958,000

from 75 m² • from €16,596 m²

Cyprus, Limassol
from 75 m²
1–3 beds
1–3 bathrooms
ID CYP221323

Cost

Property cost €958,000 – €3,900,000
Price for m2 €16,596 – €12,773
Purchase taxes 5, 19% НДС
Registration cost 1%
State fees 0,2%
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Distances

Sea 100m
Airport 61km
Infrastructure 100m

Yield and management

Yield 3—5%
Property management Yes

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
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Real estate

Object type Apartments, Penthouse
Object category New house
Object stage Ready
Permits On hand
Year of construction 2021
Design features Ownership
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Characteristics

Total area 75 m² – 235 m²
Number of storeys 21
Floor 9, 18
Bedrooms 1–3
Baths 1–3
Parking Yes
Parking type Covered
Repair Standard
Furniture Furnished
View sea, city, plot
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Equipment

VRV conditioning
Electrical heating
Smart home system

Properties

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

Location

Object sold
from €958,000

from 75 m² • from €16,596 m²

Zlata Erlach investment
programs expert
Cyprus Permanent Residence

Property is eligible for Cyprus Permanent Residence by Investment Program

Immigrant Invest is the official representative of the program.

€300,000+ Investment amount
3+ months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

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