Apartment in Limassol

5049, Cyprus

For Sale

€1,199,000

REF: 796353 €1,199,000


3

3

218 m2

Description

Luxury three bedroom apartment within a waterfront development, strategically located in the new Center of Limassol, very close to Limassol Marina and the old town shopping and business center. This unique 3 bedroom 3 bathroom luxury apartment facing the sea, enjoying breath taking views of the Mediterranean will be completed to the highest standards.

Residence will enjoy a 24hr concierge service , a luxury lobby, an outdoor and indoor swimming pools, spa facilities, a bistro and a restaurant to name a few . Total Covered Area: 218.40sqm Internal Area: 118sqm Covered Veranda: 33sqm Common Area: 67.40 sqm Key Features Fully fitted kitchen Double glazing throughout Imported branded kitchens Colour video phone connected to the lobby Central water tank and pressurized cold water AC system for cooling as well as underfloor heating A closed circuit central TV (CCTV) system Roof and wall thermal insulation Balconies and roofs will be with high quality water proofing.

Stunning Sea Views Allocated Covered parking space Smart Home Features 1.199.000 + Vat Delivery by November 2023 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,
Luxury three bedroom apartment within a waterfront development, strategically located in the new Center of Limassol, very close to Limassol Marina and the old town shopping and business center. This unique 3 bedroom 3 bathroom luxury apartment facing the sea, enjoying breath taking views of the Mediterranean will be completed to the highest standards.

Residence will enjoy a 24hr concierge service , a luxury lobby, an outdoor and indoor swimming pools, spa facilities, a bistro and a restaurant to name a few . Total Covered Area: 218.40sqm Internal Area: 118sqm Covered Veranda: 33sqm Common Area: 67.40 sqm Key Features Fully fitted kitchen Double glazing throughout Imported branded kitchens Colour video phone connected to the lobby Central water tank and pressurized cold water AC system for cooling as well as underfloor heating A closed circuit central TV (CCTV) system Roof and wall thermal insulation Balconies and roofs will be with high quality water proofing.

Stunning Sea Views Allocated Covered parking space Smart Home Features 1.199.000 + Vat Delivery by November 2023 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,
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Property on Map

#A-BLM-3B-505

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 €1,199,000 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
€1,199,000 £993,144 £1,030,481 £37,337
Property Price € €1,199,000
Minimum cost in the last six months £993,144
Maximum cost in the last six months £1,030,481
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,337

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 €1,199,000 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
€1,199,000 £993,144 £1,030,481 £37,337
Property Price € €1,199,000
Minimum cost in the last six months £993,144
Maximum cost in the last six months £1,030,481
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,337

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 £37,337 more.

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