2 bedrooms Apartment in Limassol, Cyprus No. 40749
ID40749
$ 584 808
Property description
Reference ID: #SA28447Price details: €560,000Located In Limassol's urban Kolonakiou area, one of the city's most bustling, cosmopolitan neighborhoods, building is ideally located on a quiet, residential street, far enough away from the hubbub of the main road, yet close enough so that residents never feel left out of the action.The project comprises a total of 13 apartments of varying sizes. Residents will enjoy being a stone's throw from some of Limassol's famed Blue Flag Beaches, as well as having all nearby amenities within easy reach. Public and private schools, supermarkets, vibrant nightlife, upscale shops and high-end cafes and restaurants are all a short drive away.Building is an imposing, four floor development featuring stylish, contemporary architecture that emphasizes sharp angles and geometric shapes. With a glass and concrete facade in shades of dark grey, complemented by stark white walls and dark wood louvers, the building exudes an aura of majesty and luxury. Each of the 13 apartments are evenly spaced out across four floors, with four two bedroom apartments on the first to the third floor and one three bedroom apartment on the fourth floor. Boast luscious, landscaped gardens complete with a secluded, outdoor swimming pool and deck area, where residents and their families can kick back and relax in the privacy of their own home. Each apartment includes one parking space as well as a storage room on the ground floor.Covered Area 87m2Common Area 6.47m2 Covered Veranda 24m2 Total Covered Area 117.47m2 Store 3.7m2 Parking Un/C 11.5m2 Total Area 121.17m2
Reference number: SA28447
Property area: 111 m2
Type: Apartment
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Pool, Storage room
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 2
Square meter price: €5.045 /m2
Bathrooms: 2:
Reference number: SA28447
Property area: 111 m2
Type: Apartment
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Pool, Storage room
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 2
Square meter price: €5.045 /m2
Bathrooms: 2:
Limassol - Statistics
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| Parameters | Limassol |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 440.59 |
| Apartment (1 bedroom) Outside of Centre | $ 1 119.42 |
| Apartment (3 bedrooms) in City Centre | $ 2 489.79 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 927.77 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 4 976.15 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 4 292.75 |
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| Parameters | Limassol |
|---|---|
| Crime Index | 39.11 |
| Cost of Living and Rent Index | 44.56 |
| Purchasing Power Index | 105.96 |
| Property Price to Income Ratio | 9.28 |
| Safety Index | 60.89 |
| Traffic CO₂ Index | 3692.24 |
| Traffic Inefficiency Index | 100.97 |
| Rent Index | 33.15 |
| Health Care Index | 51.26 |
| Groceries Index | 48.75 |
| Pollution Index | 59.72 |
| Traffic Commute Time Index | 21.38 |
| Restaurant Price Index | 59.11 |
| Climate Index | 95.74 |
| Cost of Living Index | 53.72 |
| Quality of Life Index | 160.09 |
| Traffic Index | 96.82 |
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| Parameters | Limassol |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 20.61 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 72.12 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 8.24 |
| Domestic Beer (0.5 liter draught) | $ 4.12 |
| Imported Beer (0.33 liter bottle) | $ 5.15 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.22 |
| Water (0.33 liter bottle) | $ 0.94 |
| Cappuccino (regular) | $ 3.92 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.81 |
| Loaf of Fresh White Bread (500g) | $ 2.06 |
| Eggs (regular) (12) | $ 3.87 |
| Local Cheese (1kg) | $ 12.51 |
| Water (1.5 liter bottle) | $ 1.01 |
| Bottle of Wine (Mid-Range) | $ 7.21 |
| Domestic Beer (0.5 liter bottle) | $ 1.65 |
| Imported Beer (0.33 liter bottle) | $ 2.79 |
| Cigarettes 20 Pack (Marlboro) | $ 5.15 |
| Apples (1kg) | $ 2.69 |
| Chicken Fillets (1kg) | $ 8.44 |
| Oranges (1kg) | $ 2.07 |
| Potato (1kg) | $ 1.41 |
| Lettuce (1 head) | $ 1.10 |
| Rice (white), (1kg) | $ 2.75 |
| Tomato (1kg) | $ 3.15 |
| Banana (1kg) | $ 1.99 |
| Onion (1kg) | $ 1.44 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.85 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.06 |
| Monthly Pass (Regular Price) | $ 41.21 |
| Gasoline (1 liter) | $ 1.46 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 24 726.23 |
| Taxi Start (Normal Tariff) | $ 6.18 |
| Taxi 1km (Normal Tariff) | $ 1.44 |
| Taxi 1hour Waiting (Normal Tariff) | $ 30.91 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 27 178.25 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 190.16 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 33.73 |
| $ 22.22 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 2 496.03 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.41 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 76.91 |
| Tennis Court Rent (1 Hour on Weekend) | $ 29.28 |
| Cinema, International Release, 1 Seat | $ 10.30 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 88.97 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 53.09 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 103.46 |
| 1 Pair of Men Leather Business Shoes | $ 129.41 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 530.39 |
| International Primary School, Yearly for 1 Child | $ 8 565.87 |
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.