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Flat 350 м² in Limassol, Cyprus

6 618 650 $

18 910 $ /м²

4OVZD
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Area

350 м2

Bedrooms

4

Bathrooms

4

4 bedroom luxury apartment for sale in Limassol, Cyprus

The luxurious 4-bedroom apartment is part of a new premium residence located on the beachfront, steps away from the sea, in one of the most sought-after residential areas of Limassol. The residence has a privileged location: it is just a few steps away from the blue waters of the Mediterranean Sea, within walking distance of the city infrastructure and just a couple of minutes from the city center and the commercial center of Limassol. The residence offers underground parking, 24/7 security as well as gated access and other security technologies, 24-7 concierge service to meet all residents' needs, exclusive access to a state-of-the-art fitness center, SPA facilities, large swimming pool, outdoor Jacuzzi, luxurious lounges, landscaped garden and a playground for young residents. MAIN CHARACTERISTICS: 254 sqm internal area+covered area 96 sqm 2nd residential floor whole floor apartment large open living area extending to the covered terrace providing amazing unobstructed sea views 4 bedrooms, 1 bedroom can be converted into an office 4 bathrooms+guest toilet 3 covered verandas Completion: July 2022 Property subject to VAT

Additional details

Property type

Residential Properties

Object type

Flat

Price

6 618 650 $

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 (6 618 650 $) 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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