3 bedrooms Penthouse in Limassol, Cyprus No. 71985
ID71985
$ 557 461
Property description
Reference ID: #SA34904Price details: €527,000 +VATFeaturing 13 modern apartments across four floors, including a mix of one to three-bedroom units and two luxurious penthouses on the top floor boasting contemporary architecture, high-quality finishes, and state-of-the-art facilities, these apartments are designed for both luxury and functionality.Situated just 300m from Limassol's historic city center, this premier residential development in Katholiki presents a unique investment opportunity in Cyprus real estate as it is positioned between Makariou Commercial Street and Anexartisias Shopping Street, which offers unrivaled convenience with access to all modern amenities.Expected Completion Date: 31 March 2027Available for sale two 3-bedroom penthouse apartments.Prices: €527,000-€533,000Covered area: 94 sq.m.Covered veranda: 39 sq.m.Roof garden:40-46 sq.m.PLUS V.A.TReference number: SA34904
Property area: 133 m2
Type: Penthouse
Floor: 4th
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Storage room, Balcony
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €3.962 /m2
Bathrooms: 2:
Furnishing: Unfurnished
Included: Storage room, Balcony
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €3.962 /m2
Bathrooms: 2:
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.