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Cyprus. The last apartment in the project in the center of Limassol with a discount at a price of €465.000

Cyprus. The last apartment in the project in the center of Limassol with a discount at a price of €465.000

21 June 2023

Apartments in the center of Limassol, a 5-minute walk to the sea – the best location in the city, where similar-sized apartments are 30% more expensive. 

The project was sold out in just 2.5 months, the developer offers a discount on the last unit until the end of June.

Price in June: €465.000 + VAT for a 2-bedroom apartment of 84 sq.m on the 2nd floor

The price includes: terrace of 24 sq.m, parking space, kitchen with appliances, full finishing, plumbing, built-in wardrobes

Due date: June 2025. Interest-free installments for the entire construction period (2 years) according to the payment schedule with the first installment of 30%

Location: within walking distance to the embankment, park, Saripolou Square in the old town, where bars, cafes, restaurants and attractions are located, as well as the Limassol marina.

Profitability forecast:

  • An increase in prices by 15-20% during construction and by 5% annually in the future
  • 4-5% per annum for long-term lease 
  • Suitable for permanent residence 
  • Suitable for your own residence and for investment
  • VAT can be reduced to 5% at a preferential rate
  • Payment is available from the Russian banks not under sanctions

To get expert advice and book an object with a discount, leave a request in the form below and we will contact you soon.

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    ARAVANA Capital management
    21 June 2023
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