Penthouse Apartment in Kapsalos

5688, Cyprus

For Sale

€448,900

REF: 795837 €448,900


2

2

103 m2

Description

Spacious, functional 2 bedroom apartment with a roof garden in the city centre of Limassol. This new project is located at Kapsalos area, at the heart of Limassol centre and only a few minutes away from the sea. It enjoys the benefits of a quiet and peaceful environment with easy access to all essential community amenities.

A 2nd floor apartment Internal covered area - 102.8m2 Covered veranda - 31.55m2 Roof garden - 37.5m2 Total area - 171.85m2 Under construction project Delivery - July 2024 Price+VAT The project consists of 4 apartments, two 2-bedroom apartments and two 1- bedroom apartments. Each apartment has its own parking space as well as its own storage room.

Top quality materials, both structural and decorative, will provide its residents with the anticipated quality of life. The wide space of the apartments, the special features, the roof garden and the big verandas give the comfort of a relaxing living space in the city centre. All apartments have large balconies, ideal for enjoying the views.

Photovoltaics will be installed for every apartment as well as for the common areas of the building. The apartments are fitted with high standard kitchens, thermal double-glazing windows, electric shutters for bedrooms and thermal insulation for the building. Moreover, double shielded exterior security doors will be fitted at the entrance of each flat.

All apartments are equipped with smart systems. Mobile phone control electronic switches are fitted for the general lighting and controlling the hot water. Video door entry system at the main door of the building will also be fitted. 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. 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. 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. 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. 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. 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. 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.
Spacious, functional 2 bedroom apartment with a roof garden in the city centre of Limassol. This new project is located at Kapsalos area, at the heart of Limassol centre and only a few minutes away from the sea. It enjoys the benefits of a quiet and peaceful environment with easy access to all essential community amenities.

A 2nd floor apartment Internal covered area - 102.8m2 Covered veranda - 31.55m2 Roof garden - 37.5m2 Total area - 171.85m2 Under construction project Delivery - July 2024 Price+VAT The project consists of 4 apartments, two 2-bedroom apartments and two 1- bedroom apartments. Each apartment has its own parking space as well as its own storage room.

Top quality materials, both structural and decorative, will provide its residents with the anticipated quality of life. The wide space of the apartments, the special features, the roof garden and the big verandas give the comfort of a relaxing living space in the city centre. All apartments have large balconies, ideal for enjoying the views.

Photovoltaics will be installed for every apartment as well as for the common areas of the building. The apartments are fitted with high standard kitchens, thermal double-glazing windows, electric shutters for bedrooms and thermal insulation for the building. Moreover, double shielded exterior security doors will be fitted at the entrance of each flat.

All apartments are equipped with smart systems. Mobile phone control electronic switches are fitted for the general lighting and controlling the hot water. Video door entry system at the main door of the building will also be fitted. 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. 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. 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. 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. 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. 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. 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.
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Currency Exchange

5688, 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 €448,900 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
€448,900 £373,431 £386,332 £12,901
Property Price € €448,900
Minimum cost in the last six months £373,431
Maximum cost in the last six months £386,332
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,901

5688, 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 €448,900 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
€448,900 £373,431 £386,332 £12,901
Property Price € €448,900
Minimum cost in the last six months £373,431
Maximum cost in the last six months £386,332
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,901

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 £12,901 more.

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