Flat 487 м² in Limassol, Cyprus

6 509 222 $

13 365 $ /м²

4OVRs

Flat 487m² in Cyprus, Limassol. Priced at 5532000€ rent photo- #1

Flat 487m² in Cyprus, Limassol. Priced at 5532000€ rent photo- #2

Flat 487m² in Cyprus, Limassol. Priced at 5532000€ rent photo- #3

Flat 487m² in Cyprus, Limassol. Priced at 5532000€ rent photo- #4

Flat 487m² in Cyprus, Limassol. Priced at 5532000€ rent photo- #5

Flat 487m² in Cyprus, Limassol. Priced at 5532000€ rent photo- #6

Area

487 м²

Bedrooms

Bathrooms

Luxury duplex with 4 rooms for sale in Limassol, Limassol area

This amazing tower is located in the heart of Limassol's seaside boulevard, close to five-star hotels, designer boutiques, chic cafes and a world-class superyacht marina. The building with uninterrupted sea views consists of: -1, 2, 3 and 4 bedroom luxury apartments - Duplexes - Penthouses - Sky Garden Apartments Key features: - Spectacular sea views from private verandas - State-of-the-art design and specifications - Highest quality materials and finishes - Designer interiors - Latest technology and appliances - Private underground parking - Reception - Lobby - Exclusive areas and facilities for residents only - 24-hour concierge and security - Private vault with safe deposit box for each apartment - Hotel-type services and amenities - VIP Restaurant - Residents' Lounge - Residents' safe deposit box. VIP-restaurant - Living room for residents - Reading room - Business center - Exhibition hall - Crèche - Kindergarten - Club for residents - Top floor viewing terrace - Sky terraces and gardens - Piazza - Landscaped gardens with fountains and lagoon - Playground - Tennis court - Outdoor pool and pool area - Indoor pool - Spa - Gym - Pilates - Massage room - Sauna - Hammam - Jacuzzi The cost of the property is subject to VAT. Completion date: Spring 2024.

Additional details

Property type

All Types

Object type

Flat

Price

6 509 222 $

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 (6 509 222 $) 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).