Apartments in a unique closed residential eco-project

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Cyprus, Limassol
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72 m² — 274 m²
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1—3 Bedrooms
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1—2 Baths
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ID CY31591

from €299,000

72 m² • from €2,113.14 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

Learn more

Cost

Property cost

€299,000 — €579,000

Price for m²

€2,113.14 — €4,152.78

Purchase taxes

5, 19% VAT

State fees

0,2%

Registration cost

1%

Distances

Sea 2 km
Infrastructure 50 m
Airport 59 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

The project features the first gated, sustainable community with 315 apartments, lots of greenery (nearly 44,000 plants and trees) and many amenities including swimming pools, basketball and tennis courts, private gym, mini supermarket, business center, coffee shop/ small restaurant and other amenities. The area of the community is almost 100,000 sq. m. 

The project is located next to the City of Dreams Casino Resort, which is the largest investment ever made in Cyprus. The residential complex consists of 20 three-story blocks, 8-15 apartments each and is implemented in 2 phases. Phase A was commissioned in the summer of 2022, simultaneously with the opening of the City of Dreams Casino Resort, and phase B will be finished in April 2024.  

The apartments correspond to the high quality of development. Each building has 2 levels of roof gardens.

  • 1 bedroom – from euro 289.000+VAT
  • 2 bedroom – from euro 419.000+VAT
  • 3 bedroom – from euro 499.000+VAT

Specifications:

  • Photovoltaic panels
  • Electricity generated by photovoltaic panels will cover the majority of all electricity needed in public areas
  • Wastewater is treated with STP and will be used for landscape irrigation
  • Security 24/7: entrance to the territory will be controlled using an access card and CTTV

Project advantages:

  • Property management services
  • Cleaning services
  • Interior Design
  • Affordable and competitive prices
  • High rental demand
  • Surrounding developments and amenities (the largest casino resort in the Mediterranean, golf course, beach, shopping mall, water park) along with the unique offerings and amenities of the project will create high demand and added value, so it is important to invest now, at an early stage.
  • Advantage of early entry at a lower price
  • Attractive rental yield
  • Upside potential for future sale
  • Security: gated complex with controlled access
  • Convenient location: 5 min drive to Limassol Marina, less than 10 km from the business center of Limassol
  • Comfortable and safe living for families with integrated amenities for a multitude of activities 

Real estate

Object category

New

Object stage

Construction

Permits

Yes

Object completion date

April 2024

Design features

Ownership

Characteristics

Total area

72 m² — 274 m²

Number of storeys

3

Land area

Open

Bedrooms

1—3

Baths

1—2

Parking

Yes

Renovation

Standard

Furniture

Partially furnished

View

Mountain, City, Pool, Garden

Equipment

Central conditioning

Properties

Elevator
Covered deck
Public pool
Gym
Kids club
Tennis court
Barbecue area
Roof garden
Garden on the plot
Security
Terrace
Solar panels
Internet
TV
Restaurant

Location

Schedule a meeting

Let's discuss the details

We will develop an individual solution, select a country and status that will solve your problems, and accompany the entire process.

Zlata Erlach
Zlata Erlach

Head of the Austrian office

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