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Apartments in a comfortable residential complex with infrastructure

Cyprus, Limassol
ID CYP222414
Object sold
Apartments in a comfortable residential complex with infrastructure
from €203,000

from 135 m² • from €2,327 m²

Cyprus, Limassol
from 135 m²
1–3 beds
1–3 bathrooms
ID CYP222414

Cost

Property cost €203,000 – €512,000
Price for m2 €2,327 – €1,504
Purchase taxes 5, 19% НДС
Registration cost 1%
State fees 0,2%
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Distances

Sea 3km
Airport 10km
Infrastructure 200m

Yield and management

Yield 4%
Property management Yes

Description

The project is located on Georgios Griva Degeni Avenue, in the area of Agios Georgios (Larnaca city). The wonderful location of the residential complex allows residents to easily reach it. They are located at the intersection of the road leading to the city center and the exit to the main road network linking Larnaca with other major cities and areas in Cyprus. A huge number of amenities, including the Lyceum of Agios Georgios, are on the opposite side of the crossing avenue. Shops, restaurants and local government are less than 5 minutes’ drive away.

The complex consists of two towers with 9 and 12 residential floors. For sale are apartments with 1, 2 and 3 bedrooms. This is modern urban housing, where you can feel as comfortable as possible.

The complex also includes:

  • Three vestibules
  • Gym
  • Meditation room (Seminars)
  • roof garden
  • Outdoor pool and children’s pool
  • Open bar
  • Playground
  • 100 parking spaces

At the moment, almost all existing residential premises in this area are rented out, as a result, there is a shortage of apartments both for the local market and for arriving foreigners, so the rental of real estate after construction is completed will be very fast. Guaranteed yield of 4% for 5 years with the possibility of extension.

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Real estate

Object type Residential complex, Apartments
Object category New house
Object stage Construction
Permits On hand
Object completion date July 2023
Design features Ownership
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Characteristics

Total area 135 m² – 220 m²
Number of storeys 10–12
Bedrooms 1–3
Baths 1–3
Parking Yes
Parking type Covered
Number of parking spaces 1
View city, plot, garden, road
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Equipment

Split system conditioning
Electrical heating

Properties

Elevator
Сovered deck
Public pool
Pantry
Gym
Roof garden
Garden on the plot
Internet
TV

Location

Object sold
from €203,000

from 135 m² • from €2,327 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
Learn more

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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