Apartments in a five-star resort complex by the sea managed by The Ritz-Carlton
Cyprus Permanent Residence€300,000+3+ months
Property is eligible for Cyprus Permanent Residence by Investment Program
Yield and management
The project, managed by The Ritz-Carlton Hotel Company LLC, is the perfect combination of luxury apartments with all the amenities of an upscale resort. Situated on a modern seafront promenade in the eastern part of Limassol, it is within walking distance of the many activities and attractions this city has to offer. Great location, great design, impeccable planning and exclusive amenities. On 33 floors of the tower, which has become the hallmark of the project, there are 182 apartments with 1, 2 and 3 bedrooms. The open plan layout of the apartments with a spacious terrace creates the feeling of living on a private yacht on the high seas with the opportunity to admire the endless views of the picturesque coastline of Limassol and the Mediterranean Sea. Premium building and finishing materials are another argument in favor of the unsurpassed quality of the project. All apartments have high ceilings.
The apartments offer state-of-the-art technical features: fitted kitchens, natural marble flooring in the living rooms, home automation systems, faucets and rain showers, top Italian brand wooden structures, Japanese toilet systems and much more. The design team provides comprehensive design services to meet your individual needs. The SPA center, made in a modern Japanese style, is incomparable to anything that previously existed in the entire Limassol region. A huge Jacuzzi, sauna and classic hammam are at the disposal of visitors, as well as the widest selection of healing, rejuvenating and relaxing treatments carried out in a tranquil environment. All this is truly the pinnacle of pleasure. The spa is open throughout the day. The extensive pool area is an oasis of calm with breathtaking views of the Mediterranean Sea. The semi-Olympic pool invites residents to start their day with a swim or simply relax in the outdoor lounge. During the day, residents are offered a variety of leisure activities both indoors and outdoors: relax in an exclusive spa center, work out in a state-of-the-art gym, play tennis or just spend time with children while they swim in the pool , play all kinds of games or engage in various sports. The complex offers residents the perfect combination of high-end amenities and services, including a drop-off area passengers with a porter, 24-hour room service and concierge services, security and controlled access to the building, a residents' club, a beauty parlor and beauty salon, a games room and a kids' club, golf and much more. Residents can contact the concierge with any question at any time of the day, who will tell you about the most interesting places and attractions, grocery stores, pre-order purchases and much more.
- Valuation of rental income considering long-term rental rates under a leading 5-star international brand.
- Minimum guaranteed yield of 3% for 3 years (excluding VAT and other taxes).
- The developer assumes 10% of the rent, which is subject to change.
- The tenant pays direct costs, including - management fee (€3.5 per sq.m. during the first year, and + 15% from year 2), utilities, etc.
- The owner pays insurance and personal taxes (different tax rates apply depending on personal circumstances and income level).
Hotel complex, Residential complex, Apartments
Number of storeys