Apartments in a new residential complex with a swimming pool in Limassol

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Cyprus, Limassol
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46 m² — 89 m²
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1—2 Bedrooms
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1 Baths
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ID CY57258

from €111,000

46 m² • from €2,413.04 m²
Elena Kozyrevaexpert of the Cyprus residence permit program for investment
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Cyprus Permanent Residence

€300,000+6+ months

Property is eligible for Cyprus Permanent Residence by Investment Program

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Cost

Property cost

€111,000 — €220,000

Price for m²

€2,413.04 — €2,471.91

Purchase taxes

5, 19% НДС

State fees

0,2%

Registration cost

1%

Distances

Sea 5 km
Infrastructure 500 m
Airport 17 km

Yield and management

Yield

5-7%

Property management

Yes

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

Description

For sale are apartments with 1 and 2 bedrooms in a new residential complex, which is located in the village of Pyla near the University of Central Lancashire. UCLAN (University of Central Lancashire) is the only British university to have established a branch in Cyprus. Pyla is one of the oldest villages in Cyprus, dating back to the Middle Ages. The area is popular with tourists from the UK. 

There are a number of hotels here: Golden Bay, Sandy Beach, Radisson Beach Resort, as well as many restaurants, taverns, tourist shops and apartments for rent. In the future, it is planned to lay a highway along the coast along with the arrangement of areas for promenades. The development of tourism in the region is a priority for the local administration. The project is located just 20 minutes drive from the award-winning best beach of Cyprus "Nissi Beach", with easy access to the island's motorway network and only 20 minutes drive from Larnaca city center and Larnaca International Airport, The property can be used as a holiday home or purchased as an investment with a very high expected rental income.

Real estate

Object type

Apartments

Object category

New

Object stage

Construction

Permits

Yes

Object completion date

September 2024

Design features

Ownership

Characteristics

Total area

46 m² — 89 m²

Land area

Covered

Bedrooms

1—2

Baths

1

Parking

Yes

Renovation

Standard

View

City, Pool

Equipment

Central conditioning

Properties

Balcony
Public pool
Gym
Garden on the plot
Restaurant

Location