Villa and apartments in a residential complex with a swimming pool
€161,000 — €272,000
81 m² • €1,789.47+ m²Cyprus Permanent Residence
€300,000+9+ monthsProperty is eligible for Cyprus Permanent Residence by Investment Program
Learn moreCost
Property cost
€161,000 — €272,000
Price for m²
€1,789.47 — €1,987.65
Purchase taxes
5, 19 % VAT
State fees
0,2%
Registration cost
1%
Distances
Yield and management
Yield
5-7%
Property management
Yes
Description
The project is a closed complex, which includes 7 three-story blocks with ready-made cozy 1- and 2-bedroom apartments ranging from 66 to 118 sqm, as well as 27 3-bedroom villas ranging from 129 to 134 sq.m. The complex is equipped with a communal swimming pool, tennis court, gym, barbecue area, playground and Jacuzzi. There is also a café and a mini market on site. The complex is located in the village of Pyla and offers a peaceful life in close proximity to the center of Larnaca (only 15 minutes by car). 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, shops and rented apartments. 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. Pyla is also home to the only British university in Cyprus. This modern complex is suitable for permanent living or summer holidays near the sea.
Real estate
Object type
Object category
New
Object stage
Ready
Permits
Yes
Design features
Ownership
Characteristics
Total area
81 m² — 152 m²
Residential ares
41 m² — 142 m²
Plot area
198 m² — 324 m²
Number of storeys
2
Land area
Covered
Bedrooms
2—3
Baths
2—3
Parking
Yes
Renovation
Standard
View
Mountain, City, Plot, Pool, Garden