Flat 381 м² in Limassol, Cyprus

1 955 321 $

5 132 $ /м²

4OVZH

Flat 381m² in Cyprus, Limassol. Priced at 1650000€ rent photo- #1

Flat 381m² in Cyprus, Limassol. Priced at 1650000€ rent photo- #2

Flat 381m² in Cyprus, Limassol. Priced at 1650000€ rent photo- #3

Flat 381m² in Cyprus, Limassol. Priced at 1650000€ rent photo- #4

Flat 381m² in Cyprus, Limassol. Priced at 1650000€ rent photo- #5

Flat 381m² in Cyprus, Limassol. Priced at 1650000€ rent photo- #6

Area

381 м²

Bedrooms

Bathrooms

4 bedroom luxury apartment for sale in Limassol, Cyprus

A 4-bedroom penthouse is offered for sale in a new residential project consisting of only 8 apartments, located just off Kolonakiou Street, Linopetra district, just 700 meters away from Dasoudi Eucalyptus Park and the beach. The residential complex has a convenient location as it is in close proximity to amenities and has quick access from any part of the city and highway. The amenities of the residential complex are: gym, electric car charging point, green areas, gated parking lot, controlled access to the building. Each apartment has a storage room and a parking space. The apartments have stunning sea, park and city views. Property features: - 3rd floor - Open plan kitchen and living room - 4 bedrooms - 2 bathrooms - Family bathroom - Guest toilet - Covered balcony - Air conditioning - Underfloor heating - High ceilings (over 3.15m) - Photovoltaic power generation system - Energy efficiency - Class A Covered veranda: 40. 47 m² Interior area: 158.34 m² Total covered area: 198.81 m² Private roof terrace with swimming pool and sauna: 182.23 m² Private parking space for 2 cars Private storage room: 7.80 m². Estimated completion: October 2023. The property is subject to VAT.

Additional details

Property type

All Types

Object type

Flat

Price

1 955 321 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Limassol; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Limassol short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (1 955 321 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Limassol: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).