Apartment in Limassol Marina

5690, Cyprus

For Sale

€7,200,000

REF: 796576 €7,200,000


4

3

361 m2

Description

Luxury and spacious apartment that is part of an exclusive development on the sea located in Limassol Super Yacht Marina. This development is the only luxury apartments on the sea in the Mediterranean. Surrounded by water, this final residential phase of the Marina development enjoys uninterrupted views of the sea and the coastal city of Limassol.

Just steps away from the beach, this property epitomize the essence of living on the sea . 3rd and 4th floor Internal covered area - 236 m2 Covered Terrace: 92 sqm Common area - 33 m2 Sun Deck: 163 sqm Total covered - 361 m2 Price+VAT Specifications: Structure - Reinforced concrete frame, in accordance with the regulations for anti-seismic design.

Floors -Entrance halls, living, dining, bathroom and kitchen areas are paved with marble. -Verandas are paved with ceramic tiles. - Bedrooms are fitted with floating parquet with 4mm solid wood top layer. - Parking areas and stores are of concrete finish painted with epoxy paint. Wardrobes & Kitchen Cupboards - -Bedroom wardrobes and kitchen cupboards are imported, ready-made for installation.

- Kitchens have corian worktops. Electrical Installations - -Video phone controls the main entrance. - TV points in living room and all bedrooms and verandas. - Sockets for telephone and internet in living room, kitchen and all bedrooms. - Spotlights in bathrooms and all false ceilings. - Shaver s socket in master bathroom.

- A Wi-Fi system will be supplied and installed. - Lighting control system with dimmable capability will be installed for the living/ dining area and the bedrooms. Air Conditioning - - Complete installation of air-conditioning units. Heating - Underfloor heating with water pipes, operated with VRV heat pump together with a hydrokit module will be supplied and installed.

- Heated towel rails, will be supplied and installed in the bathrooms. Kitchen Appliances - Kitchen is pre-fitted with ceramic hobs, refrigerator, electric oven, extractor hood, microwave oven, washing machine, dishwasher and tumble dryer. External - Electrically operated control gate will be installed at the main entrance of the car park.

- Large communal swimming pool. 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.
Luxury and spacious apartment that is part of an exclusive development on the sea located in Limassol Super Yacht Marina. This development is the only luxury apartments on the sea in the Mediterranean. Surrounded by water, this final residential phase of the Marina development enjoys uninterrupted views of the sea and the coastal city of Limassol.

Just steps away from the beach, this property epitomize the essence of living on the sea . 3rd and 4th floor Internal covered area - 236 m2 Covered Terrace: 92 sqm Common area - 33 m2 Sun Deck: 163 sqm Total covered - 361 m2 Price+VAT Specifications: Structure - Reinforced concrete frame, in accordance with the regulations for anti-seismic design.

Floors -Entrance halls, living, dining, bathroom and kitchen areas are paved with marble. -Verandas are paved with ceramic tiles. - Bedrooms are fitted with floating parquet with 4mm solid wood top layer. - Parking areas and stores are of concrete finish painted with epoxy paint. Wardrobes & Kitchen Cupboards - -Bedroom wardrobes and kitchen cupboards are imported, ready-made for installation.

- Kitchens have corian worktops. Electrical Installations - -Video phone controls the main entrance. - TV points in living room and all bedrooms and verandas. - Sockets for telephone and internet in living room, kitchen and all bedrooms. - Spotlights in bathrooms and all false ceilings. - Shaver s socket in master bathroom.

- A Wi-Fi system will be supplied and installed. - Lighting control system with dimmable capability will be installed for the living/ dining area and the bedrooms. Air Conditioning - - Complete installation of air-conditioning units. Heating - Underfloor heating with water pipes, operated with VRV heat pump together with a hydrokit module will be supplied and installed.

- Heated towel rails, will be supplied and installed in the bathrooms. Kitchen Appliances - Kitchen is pre-fitted with ceramic hobs, refrigerator, electric oven, extractor hood, microwave oven, washing machine, dishwasher and tumble dryer. External - Electrically operated control gate will be installed at the main entrance of the car park.

- Large communal swimming pool. 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.
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Property on Map

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Currency Exchange

5690, 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 €7,200,000 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
€7,200,000 £5,989,536 £6,196,464 £206,928
Property Price € €7,200,000
Minimum cost in the last six months £5,989,536
Maximum cost in the last six months £6,196,464
Fluctuating exchange rates over the last six months could have increased the cost of this property by £206,928

5690, 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 €7,200,000 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
€7,200,000 £5,989,536 £6,196,464 £206,928
Property Price € €7,200,000
Minimum cost in the last six months £5,989,536
Maximum cost in the last six months £6,196,464
Fluctuating exchange rates over the last six months could have increased the cost of this property by £206,928

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 £206,928 more.

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