a
Print
version

197 000 €

Apartment in Limassol, Cyprus, 64 sq.m

Please use property search to find similar property or leave a request for Prian.info subscribers.

  • Apartment in Limassol, Cyprus, 64 sq.m - picture 1
1/1
  • Apartment in Limassol, Cyprus, 64 sq.m - picture 1
  • Property ID on Prian.info: 3305663
    Last update: 13.02.2024
    Number of views: 5767

197 000 €

Apartment in Limassol, Cyprus, 64 sq.m

64 sq.m 2 1 1

  • On the map
  • Video
  • Property ID on Prian.info: 3305663
    Last update: 13.02.2024
    Number of views: 5767

Specifications

Sale price 197 000 €
Price per square meter 3 078.13 €
Floor area 64 sq.m
Floor 1
Number of storeys 4
Total number of rooms 2
Number of bedrooms 1
Number of bathrooms 1
Construction phase Off-plan
Facility completion deadline 2022
Address Cyprus, Limassol, Limassol, Lady's Mail Beach
Two-room Apartment

Description

Sunset Gardens - new apartments by the sea

Sun Set Gardens

This is the first closed eco-friendly complex with 315 apartments (1, 2, 3-bedrooms), lots of greenery and many infrastructure facilities, including large swimming pools, basketball and tennis courts, gym, mini supermarket, business center, bike paths, yoga lawns, playgrounds, cafe/restaurant (and all this on a plot of almost 100,000 sq.m.). Residents can use the entire infrastructure (everything is included in the service cost).

The cost of maintenance will be less than 2 euros/sq.m.m of covered area (Internal area + covered veranda) per month.

Such a project (with numerous amenities and services) is the first on the Cyprus real estate market. It is located next to City of Dreams Casino Resort(not just a casino), which is the largest investment facility in Cyprus, next to the My Mall shopping center, a new golf course, the most popular beach in Limassol - Lady's Mile and the largest water park, which ensures stable interest in the project (upcoming area) and on the further increase in prices for apartments in this project.

The residential complex consists of 20 residential blocks of 8-15 apartments each and will be implemented in 2 phases with a difference of 6 months.

The option of managing the investor's real estate (lease) is provided: At the request of the investor, the management company undertakes obligations for long-term and short-term leases (which will be located on the territory of the complex), at a rate of 6.2% ready (net, - that is, minus utilities and any other accompanying expenses).

The difference in the market value of real estate at the construction stage and the finished one is about 20-30%, so it is very profitable to buy apartments in this project at an early stage of construction, besides, payment is made in stages, according to the work performed.

To ensure maximum environmental friendliness of the project, PV panels will be installed in covered parking lots.

The electricity produced by PV panels will cover most of the total consumed electricity needed in public areas.

Wastewater is processed using the STP system and will be used to irrigate the landscape.

Recycling points (underground autonomous waste recycling) will be available throughout the complex.

Security and safety: A closed complex with security points at the entrance; access of cars and pedestrians will be monitored around the clock using an access card and CTTV monitoring.

Advantages of the project:

1. Affordable and competitive prices

2. High rental demand

3. The infrastructure of the area (casino resort, golf course, beach, shopping center, water park, etc.), along with the unique offers and amenities of the project, will create high demand and increase the cost of apartments, so it is important to invest now, at the initial stage.

Location:

5 min drive to Limassol Marina;

less than 10 km from Limassol business center

Adjacent Casino Resort, Golf course, shopping mall, famous Lady's Mile Beach and Fasouri Water Park

Comfortable and safe accommodation / family friendly

75 km to Larnaca Airport

55 km to Paphos Airport

Phase A will be completed in the summer of 2022, simultaneously with the opening of City of Dreams Casino Resort, and phase B - in late 2022 - early 2023.

This project is an attractive opportunity for both investment and recreation, as well as for living, as there is everything you need for a comfortable life, and prices are very affordable and their range is as follows:

1. 1 bedroom - from EUR 197.000 + VAT to 231.000 +VAT (with roof veranda)

2. 2 bedrooms from Euro 298.000 + VAT to 321.000+VAT (with roof veranda).

In Block C there are 2 2-bedroom apartments with a large garden of 97 sq.m (garden area) and 134 sq.m (garden area) - for EUR 349.000 and 354.000 + VAT

3. 3 bedrooms – from EUR 398,000 + VAT to 417,000 + VAT (3rd floor with private roof veranda). All 3-bedroom apartments are in block B.

1st installment - 30%

70% - interest-free installment payment for the construction period.


Representative


Company

EMPIRE Property Cyprus


Cost of accomodation in Limassol

Cost of accomodation in Limassol
Restaurants
Cappuccino (regular) 3.33 €
Coke/Pepsi (0.33 liter bottle) 1.90 €
Domestic Beer (0.5 liter draught) 3.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
Meal, Inexpensive Restaurant 15.00 €
Water (0.33 liter bottle) 0.82 €
Imported Beer (0.33 liter bottle) 4.00 €
Markets
Apples (1kg) 2.46 €
Banana (1kg) 1.77 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 11.65 €
Bottle of Wine (Mid-Range) 7.00 €
Chicken Fillets (1kg) 8.30 €
Domestic Beer (0.5 liter bottle) 1.69 €
Eggs (regular) (12) 3.76 €
Lettuce (1 head) 0.99 €
Loaf of Fresh White Bread (500g) 1.85 €
Local Cheese (1kg) 11.67 €
Milk (regular), (1 liter) 1.63 €
Onion (1kg) 1.08 €
Oranges (1kg) 1.59 €
Cigarettes 20 Pack (Marlboro) 4.87 €
Potato (1kg) 1.26 €
Rice (white), (1kg) 2.39 €
Tomato (1kg) 2.92 €
Water (1.5 liter bottle) 0.84 €
Imported Beer (0.33 liter bottle) 2.41 €
Transportation
Gasoline (1 liter) 1.65 €
Monthly Pass (Regular Price) 40.00 €
One-way Ticket (Local Transport) 1.50 €
Taxi 1hour Waiting (Normal Tariff) 25.00 €
Taxi Start (Normal Tariff) 5.00 €
Taxi 1km (Normal Tariff) 1.78 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24 557.14 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 1 677.78 €
Apartment (1 bedroom) Outside of Centre 1 165.48 €
Apartment (3 bedrooms) in City Centre 2 725.93 €
Apartment (3 bedrooms) Outside of Centre 2 077.63 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.05 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 212.66 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 34.50 €
Sports And Leisure
Cinema, International Release, 1 Seat 10.00 €
Fitness Club, Monthly Fee for 1 Adult 68.69 €
Tennis Court Rent (1 Hour on Weekend) 25.49 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 91.38 €
1 Pair of Men Leather Business Shoes 119.14 €
1 Pair of Nike Running Shoes (Mid-Range) 90.00 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 47.60 €
Childcare
International Primary School, Yearly for 1 Child 7 192.50 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 476.76 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 3 775.00 €
Price per Square Meter to Buy Apartment Outside of Centre 2 634.38 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 1 670.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.78 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

Accommodation cost calculator
Where do you live now
Select cities to compare
City for comparison
Select cities to compare
Select currency

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

Financial capacity calculator
Where do you live now
Select cities to compare
City for comparison
Select cities to compare
Amount of earnings

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.