5 bedrooms Penthouse in Limassol, Cyprus No. 34397
ID34397
$ 12 002 323
Property description
Reference ID: #SA30051Price details: €11,655,000 +VATProject is a state-of-the-art seafront residential development along Limassol's seafront, taking advantage of the city's natural beaches, nearby landmarks and high-end business and leisure facilities.The master plan of the project embodies the international experience and is articulated to allow all of the residential apartments the finest Mediterranean Sea views, and will act as a catalyst to encourage a neighbourhood of mixed-use developments.Buying a seafront property you will inherit all the comforts of sophisticated urban living and premium-entertaining facilities at your doorstep.Project feature an impressive elevated podium at its pulsating heart.Standing 9 metres above sea level, the sun-filled podium will house an imposing gym, resident's lobby, bistro, seafront restaurant serving innovative contemporary cuisine, luxury spa and wellness areas, including a 50-metre infinity pool set amidst linear gardens - all overlooking the Limassol city skyline and the turquoise waters of the Mediterranean Sea.FEATURES:Luxurious lobby with 24-hour concierge serviceMulti-cuisine bistro50m outdoor seafront swimming pool1,050 sq.m spa25m heated indoor poolMale and female steam bath and sauna / massage and treatment rooms 200 sq.mDouble height gymnasiumoverlooking the seaChildren's playgroundLandscaped gardensExtensive covered and uncovered verandasUnderground parking Public parking areasDesigned to become a world-renowned addressLocated in the heart of Cyprus' most thriving cosmopolitan cityUninterrupted views of Limassol and the seaTop-tier investment opportunityWorld class facilities and second-to-none servicesPLUS V.A.T
Reference number: SA30051
Property area: 460 m2
Type: Penthouse
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Pool, Storage room, Balcony
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 5
Square meter price: €25.337 /m2
Bathrooms: 5+:
Reference number: SA30051
Property area: 460 m2
Type: Penthouse
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Pool, Storage room, Balcony
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 5
Square meter price: €25.337 /m2
Bathrooms: 5+:
Limassol - Statistics
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| Parameters | Limassol |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 438.18 |
| Apartment (1 bedroom) Outside of Centre | $ 1 129.39 |
| Apartment (3 bedrooms) in City Centre | $ 2 500.53 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 939.91 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 4 968.07 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 4 285.78 |
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| Parameters | Limassol |
|---|---|
| Crime Index | 38.54 |
| Cost of Living and Rent Index | 44.85 |
| Purchasing Power Index | 105.41 |
| Property Price to Income Ratio | 9.24 |
| Safety Index | 61.46 |
| Traffic CO₂ Index | 3692.24 |
| Traffic Inefficiency Index | 100.97 |
| Rent Index | 33.87 |
| Health Care Index | 51.26 |
| Groceries Index | 48.65 |
| Pollution Index | 59.72 |
| Traffic Commute Time Index | 21.38 |
| Restaurant Price Index | 59.77 |
| Climate Index | 95.74 |
| Cost of Living Index | 53.51 |
| Quality of Life Index | 160.21 |
| Traffic Index | 96.82 |
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| Parameters | Limassol |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 20.57 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 72.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 8.23 |
| Domestic Beer (0.5 liter draught) | $ 4.11 |
| Imported Beer (0.33 liter bottle) | $ 5.14 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.23 |
| Water (0.33 liter bottle) | $ 0.94 |
| Cappuccino (regular) | $ 3.91 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.81 |
| Loaf of Fresh White Bread (500g) | $ 2.06 |
| Eggs (regular) (12) | $ 3.86 |
| Local Cheese (1kg) | $ 12.49 |
| Water (1.5 liter bottle) | $ 1.04 |
| Bottle of Wine (Mid-Range) | $ 7.20 |
| Domestic Beer (0.5 liter bottle) | $ 1.61 |
| Imported Beer (0.33 liter bottle) | $ 2.68 |
| Cigarettes 20 Pack (Marlboro) | $ 5.14 |
| Apples (1kg) | $ 2.69 |
| Chicken Fillets (1kg) | $ 8.42 |
| Oranges (1kg) | $ 2.06 |
| Potato (1kg) | $ 1.41 |
| Lettuce (1 head) | $ 1.10 |
| Rice (white), (1kg) | $ 2.74 |
| Tomato (1kg) | $ 3.15 |
| Banana (1kg) | $ 1.99 |
| Onion (1kg) | $ 1.43 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.83 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.06 |
| Monthly Pass (Regular Price) | $ 41.14 |
| Gasoline (1 liter) | $ 1.45 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 24 686.08 |
| Taxi Start (Normal Tariff) | $ 6.17 |
| Taxi 1km (Normal Tariff) | $ 1.44 |
| Taxi 1hour Waiting (Normal Tariff) | $ 30.86 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 27 134.11 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 189.21 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 33.99 |
| $ 22.35 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 2 502.89 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.46 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 75.15 |
| Tennis Court Rent (1 Hour on Weekend) | $ 29.23 |
| Cinema, International Release, 1 Seat | $ 10.29 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 87.27 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 53.00 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 102.07 |
| 1 Pair of Men Leather Business Shoes | $ 128.63 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 529.53 |
| International Primary School, Yearly for 1 Child | $ 8 551.96 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:
- The purchase is made by an individual, not a legal entity.
- The buyer is not going to rent out the acquired property.
- This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.