1 bedroom Apartment in Limassol, Cyprus No. 63998
ID63998
$ 714 352
Property description
Europe's New Riviera. It is a first class freehold investment opportunity with an upside outlook.Near the Limassol Marina, in the heart of everything in Limassol's downtown and surrounded by billions worth infrastructure investments this area will change the face and status of Cyprus and drive the economy for years to come. The articulated residential towers rising above the podium allow all residences the finest city and Mediterranean views.
A wealth of world class facilities spread within 13,000 sqm alongside 24hr concierge services, housekeeping, property and rental management services will cater for every need.
Luxurious lobby with 24-hour concierge service
Multi-cuisine bistro
50m outdoor seafront swimming pool
1,050 sq.m spa
25m heated indoor pool
Male and female steam bath and sauna
Massage and treatment rooms
200 sq.m double height gymnasium overlooking the sea
Children's playground
Landscaped gardens
Extensive covered and uncovered verandas
Underground parking
Public parking areas
Key Features
Fully fitted kitchen
Double glazing throughout
Imported branded kitchens
Colour video phone connected to the lobby
Central water tank and pressurized cold water
AC system for cooling as well as underfloor heating
A closed circuit central TV (CCTV) system
Roof and wall thermal insulation
Balconies and roofs will be with high quality water proofing.
Stunning Sea Views
Allocated Covered parking space
Smart Home Features
..
Reference number: 25300
Property area: 77 m2
Type: Apartment
Parking: No
Condition: Brand new
Energy Efficiency: A
Bedrooms: 1
Square meter price: €8.766 /m2
Bathrooms: 1:
Limassol - Statistics
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| Parameters | Limassol |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 535.58 |
| Apartment (1 bedroom) Outside of Centre | $ 1 196.09 |
| Apartment (3 bedrooms) in City Centre | $ 2 661.55 |
| Apartment (3 bedrooms) Outside of Centre | $ 2 078.03 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 4 939.04 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 4 465.68 |
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| Parameters | Limassol |
|---|---|
| Crime Index | 38.54 |
| Cost of Living and Rent Index | 47.13 |
| Purchasing Power Index | 98.57 |
| Property Price to Income Ratio | 9.58 |
| Safety Index | 61.46 |
| Traffic CO₂ Index | 3692.24 |
| Traffic Inefficiency Index | 100.97 |
| Rent Index | 35.96 |
| Health Care Index | 51.26 |
| Groceries Index | 52.05 |
| Pollution Index | 58.82 |
| Traffic Commute Time Index | 21.38 |
| Restaurant Price Index | 63.78 |
| Climate Index | 95.74 |
| Cost of Living Index | 56.11 |
| Quality of Life Index | 157.48 |
| Traffic Index | 96.82 |
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| Parameters | Limassol |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 21.44 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 75.02 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 8.57 |
| Domestic Beer (0.5 liter draught) | $ 4.29 |
| Imported Beer (0.33 liter bottle) | $ 5.36 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.42 |
| Water (0.33 liter bottle) | $ 0.96 |
| Cappuccino (regular) | $ 3.94 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.91 |
| Loaf of Fresh White Bread (500g) | $ 2.17 |
| Eggs (regular) (12) | $ 4.16 |
| Local Cheese (1kg) | $ 12.89 |
| Water (1.5 liter bottle) | $ 1.00 |
| Bottle of Wine (Mid-Range) | $ 7.50 |
| Domestic Beer (0.5 liter bottle) | $ 1.53 |
| Imported Beer (0.33 liter bottle) | $ 2.56 |
| Cigarettes 20 Pack (Marlboro) | $ 5.36 |
| Apples (1kg) | $ 2.65 |
| Chicken Fillets (1kg) | $ 9.06 |
| Oranges (1kg) | $ 1.98 |
| Potato (1kg) | $ 1.38 |
| Lettuce (1 head) | $ 1.14 |
| Rice (white), (1kg) | $ 2.71 |
| Tomato (1kg) | $ 3.12 |
| Banana (1kg) | $ 2.03 |
| Onion (1kg) | $ 1.51 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.83 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.14 |
| Monthly Pass (Regular Price) | $ 42.87 |
| Gasoline (1 liter) | $ 1.52 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 25 722.31 |
| Taxi Start (Normal Tariff) | $ 6.43 |
| Taxi 1km (Normal Tariff) | $ 1.50 |
| Taxi 1hour Waiting (Normal Tariff) | $ 32.15 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 28 273.11 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 208.36 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 34.47 |
| $ 22.00 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 2 453.36 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.41 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 78.30 |
| Tennis Court Rent (1 Hour on Weekend) | $ 28.53 |
| Cinema, International Release, 1 Seat | $ 10.72 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 93.31 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 51.21 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 103.60 |
| 1 Pair of Men Leather Business Shoes | $ 134.63 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 541.02 |
| International Primary School, Yearly for 1 Child | $ 8 795.05 |
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.