2 bedrooms Apartment in Limassol, Cyprus No. 36723
ID36723
$ 642 086
Property description
Two Bedroom Penthouse Apartment For Sale in Limassol Town Centre - Title Deeds (New Build Process)The development consists of 8 two bedroom luxury apartments set over 4 floors. There are two penthouses with private roof gardens on the 5th floor. The complex has modern style apartments which are located in Limassol Town Centre and close to all amenities with just a short drive to the beach and sea.
- Master bedroom with ensuite and fitted wardrobes
- 1 Bedroom with fitted wardrobes
- Open plan living - dining and kitchen area
- Family bathroom
- Unfurnished
- Provisions for air conditioning
- Roof garden
- Parking
- Internal area 86 - 88 m2
- Covered veranda 21 - 31 m2
- Uncovered veranda 0 - 12 m2
- Covered roof garden 16 - 18 m2
- Uncovered roof garden 47 - 50 m2
- Communal fees TBC
- Close to local shops and amenities
- 7 Minutes to Limassol Marina
- 51 Minutes to Larnaca International Airport
- 53 Minutes to Paphos International Airport
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency A
Limassol
Limassol is Cyprus' cosmopolitan capital, its most important business district and a vibrant modern playground. It is consistently ranked as one of the world's leading cities for quality of life. Nowhere in Cyprus is there a richer mix of modern culture and fascinating heritage. The city offers an active, vibrant and varied choice of restaurants, stylish cafes, bars and chic lounges. Limassol is a city on the southern coast of Cyprus. It's known for the centuries-old Limassol Castle, home to the Cyprus Medieval Museum and its collection of pottery and tombstones. On the seafront is the Prokymea (Molos) Sculpture Park, with sculptures by Cypriot, Greek and international artists. To the northeast is the Limassol Archaeological Museum, exhibiting artefacts from the Neolithic to the Roman periods. Contrast this with the new marina and vibrant nightlife the city as to offer something for everyone.
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* Title Deeds (New Build Process)
* Roof Garden
* Short Drive to the Beach
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Off Plan - Completion August 2024
* Energy Efficiency A
Limassol Town Centre
Limassol Town Centre
County: Limassol
Sale Type: For Sale
Ref #: PAP014N2P
Limassol - Statistics
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| Parameters | Limassol |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 522.03 |
| Apartment (1 bedroom) Outside of Centre | $ 1 177.04 |
| Apartment (3 bedrooms) in City Centre | $ 2 601.58 |
| Apartment (3 bedrooms) Outside of Centre | $ 2 044.94 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 5 094.18 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 4 394.56 |
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| Parameters | Limassol |
|---|---|
| Crime Index | 38.54 |
| Cost of Living and Rent Index | 46.23 |
| Purchasing Power Index | 100.65 |
| Property Price to Income Ratio | 9.69 |
| Safety Index | 61.46 |
| Traffic CO₂ Index | 3692.24 |
| Traffic Inefficiency Index | 100.97 |
| Rent Index | 35.34 |
| Health Care Index | 51.26 |
| Groceries Index | 51.13 |
| Pollution Index | 58.82 |
| Traffic Commute Time Index | 21.38 |
| Restaurant Price Index | 61.60 |
| Climate Index | 95.74 |
| Cost of Living Index | 54.98 |
| Quality of Life Index | 158.31 |
| Traffic Index | 96.82 |
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| Parameters | Limassol |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 21.09 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 68.56 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 8.44 |
| Domestic Beer (0.5 liter draught) | $ 4.22 |
| Imported Beer (0.33 liter bottle) | $ 5.27 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.42 |
| Water (0.33 liter bottle) | $ 0.91 |
| Cappuccino (regular) | $ 3.89 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.87 |
| Loaf of Fresh White Bread (500g) | $ 2.13 |
| Eggs (regular) (12) | $ 4.05 |
| Local Cheese (1kg) | $ 12.69 |
| Water (1.5 liter bottle) | $ 0.98 |
| Bottle of Wine (Mid-Range) | $ 7.38 |
| Domestic Beer (0.5 liter bottle) | $ 1.51 |
| Imported Beer (0.33 liter bottle) | $ 2.52 |
| Cigarettes 20 Pack (Marlboro) | $ 5.27 |
| Apples (1kg) | $ 2.67 |
| Chicken Fillets (1kg) | $ 8.92 |
| Oranges (1kg) | $ 1.95 |
| Potato (1kg) | $ 1.36 |
| Lettuce (1 head) | $ 1.12 |
| Rice (white), (1kg) | $ 2.67 |
| Tomato (1kg) | $ 3.07 |
| Banana (1kg) | $ 1.99 |
| Onion (1kg) | $ 1.49 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.63 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.11 |
| Monthly Pass (Regular Price) | $ 42.19 |
| Gasoline (1 liter) | $ 1.50 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 25 312.69 |
| Taxi Start (Normal Tariff) | $ 6.33 |
| Taxi 1km (Normal Tariff) | $ 1.48 |
| Taxi 1hour Waiting (Normal Tariff) | $ 31.64 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 27 822.87 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 209.17 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 34.62 |
| $ 21.95 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 2 446.89 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.41 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 77.06 |
| Tennis Court Rent (1 Hour on Weekend) | $ 28.08 |
| Cinema, International Release, 1 Seat | $ 10.55 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 91.83 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 50.39 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 101.95 |
| 1 Pair of Men Leather Business Shoes | $ 132.48 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 532.41 |
| International Primary School, Yearly for 1 Child | $ 8 672.84 |
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.