Description
In the district Mutaja, in a prestigious part of Limassol, an exclusive, gated residential complex is being built, within which we are offering A 2-bedroom flat with a floor area of 55 m², situated just 200 metres from the coast. This is the perfect choice for those who value being close to the sea and having access to resort-style facilities.
Its proximity to the beach and the bustling neighbourhood
The development enjoys the privilege of being just a few steps from the beach, whilst remaining within easy reach of the lively Germasogeia district for which the town is famous. This tourist area complements the residents’ comfort a cinema, numerous restaurants and a vibrant nightlife just a short walk away.
Layout
The flat, which is fully fitted and partially furnished, is situated on the 4th floor and comprises:
- living room with kitchenette,
- bedrooms,
- bathrooms,
- hallway,
- terrace (13 m²).
Resort-standard facilities
Residents have access to a gated complex with its own private roads, four communal outdoor swimming pools and one indoor swimming pool, as well as a playground, a spa area and a gym.
- 1 parking space,
- monitoring and access control,
- reception and security.
The developer also offers other floor areas and layouts within the same development, allowing you to tailor the property to your individual needs.
Price and terms of purchase
The flat has been valued at €400,000 net, the price includes a parking space (€7,272.73 per square metre). This attractive rate is due to the fact that it is a first-hand offer – the property comes directly from from the developer, rather than from the secondary market, which eliminates the additional mark-ups charged by intermediaries.
An investment with real potential
Limassol is one of the most sought-after cities for investment in Cyprus. The average gross rate of return for flats and apartments is estimated at 4.5–6%, whilst for short-term rentals this ceiling can be as high as 10%. Added to this is the potential increase in the value of the property itself in the coming years.
The Mediterranean lifestyle in Limassol
Limassol is a city that buzzes with life all year round. It’s well worth visiting the charming The Molos Promenade, one of the most beautiful seaside parks in the Mediterranean region, an exclusive Limassol Marina with restaurants and cafés, as well as historic Limassol Castle. It is a place that lends itself to both active holidays and celebrating the Mediterranean way of life.
Why choose Limassol?
Limassol combines the vibrancy of a major city with the charm of a seaside resort, as well as a rich cultural and culinary scene. It is a location appreciated by both those looking for a permanent home and investors interested in letting property.
Are you looking for other flats of a similar standard? Take a look at our the full range of apartments in Cyprus.
Are you interested in more options in this region? Take a look at property listings in Limassol.
