Penthouse Apartment in Katholiki

5689, Cyprus

For Sale

€900,000

REF: 796304 €900,000


3

2

133 m2

Description

A luxurious and modern 3 bedroom penthouse apartment located in the heart of the city, in the area of Katholiki, one of the most well-appointed areas of Limassol. Under construction Price+VAT Delivery date: December of 2024 5th floor Indoor Area: 133.5 sqm Covered Veranda: 44 sqm Total covered area - 177.5 sqm Thoughtfully designed by renowned architects and designers, this apartment is the epitome of modern living with impeccable interiors executed to the highest standards.

The stylish marble exterior entrance flows seamlessly inside, creating an inviting pathway to your home. Details of the highest quality finishing materials are complemented by original design solutions that are in harmony with the landscape and create a feeling of finally home after a long day. Each apartment has a beautiful view of the Catholic district as well as the old town.

The clean lines of the architecture and the large windows mean bright spaces where natural sunlight can enter unimpeded. The fourth and fifth floors of the complex overlook the sea. High ceilings, LED lighting and concealed air conditioning are just some of the criteria for an unparalleled lifestyle.

Every apartment is also designed for everyday convenience. Bright, spacious living spaces where people can live, laugh and write their own stories. The open design layout means no dark corners. Kitchens and living rooms combine to form one large entertaining area, perfect for family dinners or movie nights.

Each apartment has a spacious glass-fronted balcony where your family and friends can enjoy al fresco dining with uncompromised views. Perfect for tranquility and relaxation regardless of the season. 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.
A luxurious and modern 3 bedroom penthouse apartment located in the heart of the city, in the area of Katholiki, one of the most well-appointed areas of Limassol. Under construction Price+VAT Delivery date: December of 2024 5th floor Indoor Area: 133.5 sqm Covered Veranda: 44 sqm Total covered area - 177.5 sqm Thoughtfully designed by renowned architects and designers, this apartment is the epitome of modern living with impeccable interiors executed to the highest standards.

The stylish marble exterior entrance flows seamlessly inside, creating an inviting pathway to your home. Details of the highest quality finishing materials are complemented by original design solutions that are in harmony with the landscape and create a feeling of finally home after a long day. Each apartment has a beautiful view of the Catholic district as well as the old town.

The clean lines of the architecture and the large windows mean bright spaces where natural sunlight can enter unimpeded. The fourth and fifth floors of the complex overlook the sea. High ceilings, LED lighting and concealed air conditioning are just some of the criteria for an unparalleled lifestyle.

Every apartment is also designed for everyday convenience. Bright, spacious living spaces where people can live, laugh and write their own stories. The open design layout means no dark corners. Kitchens and living rooms combine to form one large entertaining area, perfect for family dinners or movie nights.

Each apartment has a spacious glass-fronted balcony where your family and friends can enjoy al fresco dining with uncompromised views. Perfect for tranquility and relaxation regardless of the season. 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.
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Currency Exchange

5689, 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 €900,000 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
€900,000 £745,479 £773,505 £28,026
Property Price € €900,000
Minimum cost in the last six months £745,479
Maximum cost in the last six months £773,505
Fluctuating exchange rates over the last six months could have increased the cost of this property by £28,026

5689, 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 €900,000 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
€900,000 £745,479 £773,505 £28,026
Property Price € €900,000
Minimum cost in the last six months £745,479
Maximum cost in the last six months £773,505
Fluctuating exchange rates over the last six months could have increased the cost of this property by £28,026

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 £28,026 more.

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