3 bedrooms Penthouse in Limassol, Cyprus No. 46427
ID46427
$ 585 956
Property description
Reference ID: #SA33376Price details: €569,000 +VATProject is the first gated, multicultural and sustainable residential community with 1-3 bedroom apartments, extensive greenery with thousands of trees and plants, exciting amenities and in-house services, strategically located adjacent to the new City of Dreams casino resort, the new Limassol Golf Resort, close to Limassol's shopping mall, Lady's Mile beach, the Limassol Marina and the city centre.Project is a multicultural gated community that prioritises safety and security above all else. There is only one gate to enter and exit.The apartment buildings are located on either side of the boulevard with large verandas that look onto either the lush boulevard or the emerald golf course and the sea line beyond. By connecting the different apartment buildings through common facilities and interweaving walking and cycling paths, fostered a safe gated community in which residents can come together, share memories, and build a sense of belonging. The thoughtfully designed apartments, in combination with the extensive in-house facilities and services and the strategic location, consist of a unique living concept and safe environment, as a permanent residence, holiday or income generating investment, and offers high rentability and value appreciation potential.Amenities in Park+ of Sunset GardensSwimming poolsClubhouseCafe / RestaurantBusiness CentreGymSupermarketTennis CourtBasketball CourtBarbeque AreasCycling routes / Walking pathsYoga lawnsPlayground for kidsLife sized Chess areaGated AccessProperty Management OfficeIn-House ServicesProperty Management servicesRental Management ServicesHouse Keeping ServicesInterior Design servicesSustainability contributing to lower operating costs and environment impact:Photovoltaic panels covering electricity needed of the communal areas and facilitiesWastewater management with the use of STP to be used for landscape irrigation.Recycling ProceduresSafety and security: 24/7 Gated and GuardedCars and pedestrians' entrance will be controlled access card /CCTVCovered area: 105 sq.m.Covered veranda: 19 sq.m.Roof garden: 46 sq.m.PLUS V.A.T
Reference number: SA33376
Property area: 124 m2
Type: Penthouse
Floor: 3rd
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Pool, Storage room, Garden, Balcony
Air conditioning: Full, all rooms
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €4.589 /m2
Bathrooms: 2:
Reference number: SA33376
Property area: 124 m2
Type: Penthouse
Floor: 3rd
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Pool, Storage room, Garden, Balcony
Air conditioning: Full, all rooms
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €4.589 /m2
Bathrooms: 2:
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.