Apartment in Limassol

5049, Cyprus

For Sale

€720,840

REF: 650674 €720,840


2

1

110 m2

Description

This contemporary 4 story apartment block, offers the perfect blend of comfort and modern aesthetics to all of its residents who seek the perfect urban location and easy access to the Mediterranean Sea. The building consists of 7 spacious 2-bedroom apartments all of which are carefully designed with contemporary aesthetics and comfort.

Two apartments on each floor with spacious covered verandas on the first 3 floors, whilst a magnificent penthouse situated on the fourth floor, enjoy- ing the privacy of its own garden as well as a large covered and uncovered veranda. Located in a prime location in the heart of Limassol s town center this block of apartments is only a few minutes drive from the sea and a short walking distance from all amenities and ser- vices such as Banks, supermarkets, pharmacies, restaurants and more.

The complex is also a 45 minute drive away from Larnaca International Airport. 4 story building 7 Modern city apartments Close to all amenities Desirable residential neighborhood Comfortable verandas Covered parking There are several compelling reasons to consider buying property in Limassol, a vibrant coastal city located on the southern coast of Cyprus.

Limassol offers a unique blend of history, culture, natural beauty, and economic opportunities, making it an attractive destination for both investors and individuals looking for a place to call home. 1. Economic Growth: Limassol is experiencing rapid economic growth, with various sectors such as tourism, finance, shipping, and real estate thriving.

The city has become a regional business hub, attracting international companies and investment, creating a robust job market and driving economic prosperity. 2. Property Investment Potential: Investing in property in Limassol offers excellent potential for return on investment. The city's real estate market has seen consistent growth, with rising property values and rental yields.

Whether you're looking for a holiday home, a rental property, or a long-term investment, Limassol presents numerous opportunities. 3. Stunning Coastal Location: Limassol boasts beautiful sandy beaches, crystal-clear waters, and a Mediterranean climate, making it an ideal destination for those seeking a relaxed coastal lifestyle.

The city's coastline offers a range of water activities, from swimming and snorkeling to sailing and water sports. 4. Rich History and Culture: Limassol has a rich historical and cultural heritage. The city is home to significant archaeological sites, such as the ancient city-kingdom of Amathus, which dates back to the 11th century BC.

Limassol also hosts various cultural events, festivals, and exhibitions throughout the year, showcasing the island's diverse traditions and arts. 5. Modern Infrastructure: Limassol boasts modern infrastructure and amenities, including world-class marinas, international schools, medical facilities, shopping centers, and leisure activities.

The city has undergone significant development in recent years, offering a high standard of living and convenience for residents. 6. International Community: Limassol attracts a diverse and cosmopolitan community, with residents and investors from all over the world. This multicultural environment creates a vibrant atmosphere and provides an opportunity for networking and cultural exchange.

7. Proximity to Major Cities: Limassol's strategic location allows for easy access to other major cities on the island, such as Nicosia, the capital of Cyprus, and Paphos. Additionally, Limassol is well-connected to international destinations through its modern seaport and international airport. 8. Lifestyle and Entertainment: Limassol offers a wide range of leisure and entertainment options.

The city is known for its lively nightlife, with numerous bars, clubs, and restaurants. Limassol also hosts various cultural and sporting events, including international concerts, theatre performances, and sailing regattas.
This contemporary 4 story apartment block, offers the perfect blend of comfort and modern aesthetics to all of its residents who seek the perfect urban location and easy access to the Mediterranean Sea. The building consists of 7 spacious 2-bedroom apartments all of which are carefully designed with contemporary aesthetics and comfort.

Two apartments on each floor with spacious covered verandas on the first 3 floors, whilst a magnificent penthouse situated on the fourth floor, enjoy- ing the privacy of its own garden as well as a large covered and uncovered veranda. Located in a prime location in the heart of Limassol s town center this block of apartments is only a few minutes drive from the sea and a short walking distance from all amenities and ser- vices such as Banks, supermarkets, pharmacies, restaurants and more.

The complex is also a 45 minute drive away from Larnaca International Airport. 4 story building 7 Modern city apartments Close to all amenities Desirable residential neighborhood Comfortable verandas Covered parking There are several compelling reasons to consider buying property in Limassol, a vibrant coastal city located on the southern coast of Cyprus.

Limassol offers a unique blend of history, culture, natural beauty, and economic opportunities, making it an attractive destination for both investors and individuals looking for a place to call home. 1. Economic Growth: Limassol is experiencing rapid economic growth, with various sectors such as tourism, finance, shipping, and real estate thriving.

The city has become a regional business hub, attracting international companies and investment, creating a robust job market and driving economic prosperity. 2. Property Investment Potential: Investing in property in Limassol offers excellent potential for return on investment. The city's real estate market has seen consistent growth, with rising property values and rental yields.

Whether you're looking for a holiday home, a rental property, or a long-term investment, Limassol presents numerous opportunities. 3. Stunning Coastal Location: Limassol boasts beautiful sandy beaches, crystal-clear waters, and a Mediterranean climate, making it an ideal destination for those seeking a relaxed coastal lifestyle.

The city's coastline offers a range of water activities, from swimming and snorkeling to sailing and water sports. 4. Rich History and Culture: Limassol has a rich historical and cultural heritage. The city is home to significant archaeological sites, such as the ancient city-kingdom of Amathus, which dates back to the 11th century BC.

Limassol also hosts various cultural events, festivals, and exhibitions throughout the year, showcasing the island's diverse traditions and arts. 5. Modern Infrastructure: Limassol boasts modern infrastructure and amenities, including world-class marinas, international schools, medical facilities, shopping centers, and leisure activities.

The city has undergone significant development in recent years, offering a high standard of living and convenience for residents. 6. International Community: Limassol attracts a diverse and cosmopolitan community, with residents and investors from all over the world. This multicultural environment creates a vibrant atmosphere and provides an opportunity for networking and cultural exchange.

7. Proximity to Major Cities: Limassol's strategic location allows for easy access to other major cities on the island, such as Nicosia, the capital of Cyprus, and Paphos. Additionally, Limassol is well-connected to international destinations through its modern seaport and international airport. 8. Lifestyle and Entertainment: Limassol offers a wide range of leisure and entertainment options.

The city is known for its lively nightlife, with numerous bars, clubs, and restaurants. Limassol also hosts various cultural and sporting events, including international concerts, theatre performances, and sailing regattas.
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Property on Map

#LCICEN-ASIN-6723

Currency Exchange

5049, Cyprus

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €720,840 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€720,840 £597,079 £619,526 £22,447
Property Price € €720,840
Minimum cost in the last six months £597,079
Maximum cost in the last six months £619,526
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,447

5049, Cyprus

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €720,840 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€720,840 £597,079 £619,526 £22,447
Property Price € €720,840
Minimum cost in the last six months £597,079
Maximum cost in the last six months £619,526
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,447

The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £22,447 more.

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