2 bedrooms Apartment in Limassol, No. 43278

ID43278
€ 489 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
This modern development in walking distance to the beach, includes studios and 2 bedroom apartments and exclusive roof gardens offering city views. This prime location supports high demand for short and long term rentals with strong potential for capital appreciation.Open Market Rentals:
• Studios: Projected rental rates based on market trends.
• Rental Growth: The area has experienced a 45%+ increase in rental rates over the past three years, indicating robust market trends for continued growth.
• Value Appreciation: Neapolis is a thriving neighborhood with significant potential for property value appreciation.
Investment Highlights:
• High Demand: The central location ensures high demand for both long-term and short-term rentals.
• Yield Potential: Competitive off-plan pricing with a promising high yield and return on investment.
The Project has EPC certificate with "A" Energy Efficiency Rating.
Contact the seller
CityLimassol
TypeApartment
Veranda typeOpen and covered
Bedrooms2
Living space75 m²
- m²
- sq. ft
Veranda area50 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 489 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
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From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:
- The purchase is made by an individual, not a legal entity.
- The buyer is not going to rent out the acquired property.
- This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.









