Cyprus: start of sales of apartments in the center of Limassol from €205.000
This week, sales of the project started in one of the best locations in Limassol – a 2-minute walk to the sea and the city center. The complex consists of only 27 apartments, half of which have already been sold out.
Prices start from €205.000 + VAT – this is the minimum cost for such an arrangement
The project is suitable for permanent residence in Cyprus (with investments from € 300,000), own residence or rental with a yield of up to 5% per annum.
The investment at the start of sales will allow you to earn 15-20% during construction and about 5% annually in the future.
About the project:
- 3-storey building in a closed protected area
- The price includes: full finishing, plumbing, built-in wardrobes, kitchen with appliances, air conditioning system
- Parking space for all apartments and storage rooms for some 1-2-bedroom apartments, covered terraces of 7-24 sq.m in each apartment
- High rental demand. Projected yield: 4-5% per annum
- Due date: June 2025
- Interest-free installments for the entire construction period (2 years) according to the payment schedule with the first installment of 30%
About the location:
The project is located in one of the best locations in Limassol. Within walking distance to the embankment, the park, Saripolu Square in the old town, where there are bars, cafes, restaurants and attractions, as well as the Limassol marina.
From €205,000 + VAT for studios of 38 sq.m
From €300,000 + VAT for 1-bedroom apartments of 51-57 sq.m
From €465,000 + VAT for 2-bedroom apartments of 84 sq.m
- For booking at starting prices, a deposit of €10,000 is required
- Payment is available from the Russian Federation’s unauthorized banks
- VAT can be reduced to 5% at a preferential rate
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