Apartment in Panthea

5731, Cyprus

For Sale

€790,000

REF: 796039 €790,000


3

2

161 m2

Description

Three bedroom apartment in a new development located along Limassol s prestigious Panthea Hills. Residents will enjoy the tranquility away from the city but still be able to have great access to the highway, be short minute drive from the city-center and all main attractions while at the same time enjoying panoramic, outstanding sea and city views.

This apartment is situated in a modern building consisting of just three apartments that offers an unexpected blend of classic sophistication and contemporary vision. This apartment features a three-bedroom floor plan, ranging up to 302 square meters in size. The residents in this apartment will enjoy living in an open plan space of a modern kitchen and living area with private covered veranda.

The residents of this apartment will have access to a double-covered parking space on the ground floor. Total Covered Area: 347 sqm Internal Area: 161 sqm Covered Veranda: 49 sqm Storage Room: 4 sqm FINISHES: living room / dining area: Italian ceramic tiles bedrooms: Floating type laminate Wardrobes of Italian design External electric shutters kitchen: Italian ceramic tiles Italian-design cabinets and stone worktops verandas: Italian ceramic tiles entrance door / internal doors: Italian design bathrooms: Italian made ceramic tiles for floors and walls Sanitary ware and mixers from reputable manufacturers windows: Thermal coloured aluminium double glazed GENERAL STRUCTURE: foundations & superstructure: Reinforced concrete in accordance with the anti-seismic standards and regulations internal walls: 100mm brickwork external walls: 250mm brickwork with external thermal polystyrene insulation and waterproofing: Thermal insulation in all floors and roof Polyurethane waterproofing system on verandas GENERAL FINISHES external walls: 3 coats of plaster and special render finish 3 coats of waterproof paint heating: Provision for underfloor heating plumbing: Pressured water system air conditioning: Provision for VRV system ceiling type lift: 2 Machine roomless lifts (MRL) ELECTRICAL SERVICES: Provisions for master lighting control LED lights in all living areas Facade lighting Landscape lighting Occupancy sensors for parking areas Electric shutters in bedrooms Traffic barrier Wi-Fi network Fire detection system Video-entrance system Off-Plan Project Price+VAT 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.
Three bedroom apartment in a new development located along Limassol s prestigious Panthea Hills. Residents will enjoy the tranquility away from the city but still be able to have great access to the highway, be short minute drive from the city-center and all main attractions while at the same time enjoying panoramic, outstanding sea and city views.

This apartment is situated in a modern building consisting of just three apartments that offers an unexpected blend of classic sophistication and contemporary vision. This apartment features a three-bedroom floor plan, ranging up to 302 square meters in size. The residents in this apartment will enjoy living in an open plan space of a modern kitchen and living area with private covered veranda.

The residents of this apartment will have access to a double-covered parking space on the ground floor. Total Covered Area: 347 sqm Internal Area: 161 sqm Covered Veranda: 49 sqm Storage Room: 4 sqm FINISHES: living room / dining area: Italian ceramic tiles bedrooms: Floating type laminate Wardrobes of Italian design External electric shutters kitchen: Italian ceramic tiles Italian-design cabinets and stone worktops verandas: Italian ceramic tiles entrance door / internal doors: Italian design bathrooms: Italian made ceramic tiles for floors and walls Sanitary ware and mixers from reputable manufacturers windows: Thermal coloured aluminium double glazed GENERAL STRUCTURE: foundations & superstructure: Reinforced concrete in accordance with the anti-seismic standards and regulations internal walls: 100mm brickwork external walls: 250mm brickwork with external thermal polystyrene insulation and waterproofing: Thermal insulation in all floors and roof Polyurethane waterproofing system on verandas GENERAL FINISHES external walls: 3 coats of plaster and special render finish 3 coats of waterproof paint heating: Provision for underfloor heating plumbing: Pressured water system air conditioning: Provision for VRV system ceiling type lift: 2 Machine roomless lifts (MRL) ELECTRICAL SERVICES: Provisions for master lighting control LED lights in all living areas Facade lighting Landscape lighting Occupancy sensors for parking areas Electric shutters in bedrooms Traffic barrier Wi-Fi network Fire detection system Video-entrance system Off-Plan Project Price+VAT 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.
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Property on Map

#PANLR201

Currency Exchange

5731, 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 €790,000 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
€790,000 £657,185 £679,890 £22,705
Property Price € €790,000
Minimum cost in the last six months £657,185
Maximum cost in the last six months £679,890
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,705

5731, 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 €790,000 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
€790,000 £657,185 £679,890 £22,705
Property Price € €790,000
Minimum cost in the last six months £657,185
Maximum cost in the last six months £679,890
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,705

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 £22,705 more.

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