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Flat 207 м² in Limassol, Cyprus

2 521 918 $

12 183 $ /м²

4OVqs
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Area

207 м2

Bedrooms

3

Bathrooms

2

3 bedroom luxury apartment for sale in Limassol, Cyprus

* Exclusive beach complex located in the Old Town area of Limassol, 5 minutes walk from Limassol Marina and Limassol Zoo, opposite Molos Park. The complex has a communal swimming pool, sauna and gym for residents and all apartments have their own parking. The apartment is fully furnished with high quality Italian furniture and electrical equipment, the bathrooms are marble. It consists of 3 bedrooms, separate kitchen with dining table, dining room, living room, TV room, guest toilet, bathroom and a large veranda with beautiful sea views. The apartment has wooden floors, underfloor heating, VRV system (cold-hot temperature), lighting system and automation system. VAT IS NOT LEVIED. The property is not subject to VAT.

Additional details

Property type

All Types

Object type

Flat

Price

2 521 918 $

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 (2 521 918 $) 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).

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