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Flat 412 м² in Limassol, Cyprus

4 222 006 $

10 247 $ /м²

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Area

412 м2

Bedrooms

3

Bathrooms

3

3 bedroom luxury apartment for sale in Limassol, Cyprus

This spacious full floor penthouse is located in an upscale and elegant residential development currently under design. The project comprises a gated and gated four-building residential complex located in a quiet part of Santa Barbara Hill. Due to its elevated location, the project will be surrounded by views of the Mediterranean Sea and consequently, all apartments will have unobstructed panoramic sea views. This luxury project will consist of just 14 apartments, including 2 and 3 bedroom apartments and four spacious 3 bedroom penthouses with private roof gardens. The apartments will be built to the highest standards, with high quality finishes and fixtures and fittings and will be designed in a stylish and elegant style. The project includes: - an outdoor swimming pool, - a beautifully landscaped botanical garden, - covered and restricted public parking for all residents. Each of the project's luxury penthouses features: - full air conditioning installed in suspended ceilings - underfloor heating in all rooms - large patio doors and windows - all windows and external doors are double glazed with laminated glass for soundproofing - spacious closets in all bedrooms - top quality fitted kitchens with granite worktops - bathrooms with quality marble - private access to the private roof garden (via internal or external stairs) - covered and outdoor roof decks - BBQ area The property is subject to VAT. At

Additional details

Property type

All Types

Object type

Flat

Price

4 222 006 $

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 (4 222 006 $) 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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