Market and
partners news

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.

    Full Name

    Phone

    Additional

    ARAVANA Capital management
    21 June 2023
    Real estate sales statistics in Turkey for August 2023

    According to the data announced by the Turkish Statistical Institute (TÜIK), ...

    Apartments in the tower of the Dubai Oceanz project are sold out immediately after delivery

    The apartments in the first tower of the Oceanz project with a total cost of ...

    3 reasons to buy a property in Istanbul

    Istanbul is the center of trade between East and West, a city with a centurie...

    Areas for the purchase of commercial real estate in Abu Dhabi

    According to the emirate’s development plan, it is necessary to attract...