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Global Properties

3 bedrooms Apartment in Limassol, Cyprus No. 1551

$ 617 992
$ 5 830 per m²
4 Rooms
3 Bedrooms
106 Living space, m²
Limassol, Cyprus
Parameters
Rooms
4
Bedrooms
3
Living space, m²
106
ID
1551
Type
Apartment
To sea
5 km
Property description
3 bedroom ApartmentLocation:Akrotiri PeninsulaINTERNAL AREA: 106.00m²COVERED VERANDA: 22.50m²UNCOVERED VERANDA: 3.35m²TOTAL COV. AREA 146.52m²3rd FloorEnergy Efficiency: AAir ConditioningCentral Heating Delivery 14 months New residential project, conveniently located southwest of the Limassol historic town centre in the Akrotiri Peninsula in one of the city’s most upcoming and green areas. Residents Facilities & Services– A managed resort type development A spacious master plan unseen in Limassol to-date with open spaces, landscaped gardens & swimming pools will provide both comfort and privacy, in an area famed for its very green surroundings and unspoiled beaches. 75% of land allocated to open spaces Lush landscaped gardens 2 adult Swimming pools 2 kids Swimming pools Gym / Sauna / Steam bath / Massage Reception / Kiosk Restaurant Property management Security / Concierge Ample parking The development neighbors 3 public schools (400-800 meters) as well as a private English school (600 meters) with nursery, primary and secondary classes, grocery shops, clinics and doctor practices and it is the part of the city closest to the beautiful Lady’s Mile sandy beach.
The project is very near the Integrated Casino Resort, the Limassol Mall (another 7,000 sqm of commercial space are licensed and will be added) the under construction 18 hole golf course and the Dubai Ports cruise terminal. The above will turn the area into a regional playground with hundreds of thousands new tourists and thousands new jobs. Furthermore, the area has excellent connectivity with Larnaca & Paphos airports and all cities through the A1 Highway. Within Limassol it has easy access through the main roads of Franklin Roosevelt & New Port Road to downtown Limassol and Aktaia Odos which as per the municipalities declared plan it will become the island’s tech hub. Due to the absence of any developments, new or old as well as the area’s low densities, the area will grow to a modern, green and spaciously developed part of the city, with homogenous buildings, lower traffic, less pollution and overall a more pleasant lifestyle. Investment Outlook(over & above Limassol’s strong property market) The absence of any reasonably priced mid-range accommodation, not only in the west, but in the whole of Limassol, in relation with the addition of thousands of new employees with their families and tourists in this specific area, will allow owners a comfortable rental return in the range of 4-6% plus capital appreciation.
Features
Outdoor features
  • Car park
Statistics Limassol
$ 5 563
Price per m²
160
Quality of Life Index
63
Cost of living Index
Parameters
[:second_city:]
Limassol
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 616
2-Room Apartment
$ 1 337
Apartment Purchase Price per m²
In the City Center
$ 5 563
Outside the City Center
$ 4 462
Crime Index
39
Cost of Living and Rent Index
51
Purchasing Power Index
110
Property Price to Income Ratio
9
Safety Index
61
Traffic CO₂ Index
3676
Traffic Inefficiency Index
116
Rent Index
37
Health Care Index
51
Groceries Index
56
Pollution Index
60
Traffic Commute Time Index
23
Restaurant Price Index
71
Climate Index
96
Cost of Living Index
63
Quality of Life Index
160
Traffic Index
99
Restaurants
Meal, Inexpensive Restaurant
$ 23.42
Meal for 2 People, Mid-range Restaurant, Three-course
$ 81.97
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.37
Domestic Beer (0.5 liter draught)
$ 4.68
Imported Beer (0.33 liter bottle)
$ 5.85
Coke/Pepsi (0.33 liter bottle)
$ 2.11
Water (0.33 liter bottle)
$ 1.21
Cappuccino (regular)
$ 4.15
Markets
Milk (regular), (1 liter)
$ 2.04
Loaf of Fresh White Bread (500g)
$ 2.13
Eggs (regular) (12)
$ 4.36
Local Cheese (1kg)
$ 13.36
Water (1.5 liter bottle)
$ 1.13
Bottle of Wine (Mid-Range)
$ 9.37
Domestic Beer (0.5 liter bottle)
$ 1.79
Imported Beer (0.33 liter bottle)
$ 2.83
Cigarettes 20 Pack (Marlboro)
$ 6.18
Apples (1kg)
$ 3.46
Chicken Fillets (1kg)
$ 9.31
Oranges (1kg)
$ 2.78
Potato (1kg)
$ 1.91
Lettuce (1 head)
$ 1.21
Rice (white), (1kg)
$ 3.18
Tomato (1kg)
$ 3.36
Banana (1kg)
$ 2.33
Onion (1kg)
$ 1.76
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 14.44
Transportation
One-way Ticket (Local Transport)
$ 2.34
Monthly Pass (Regular Price)
$ 46.84
Gasoline (1 liter)
$ 1.68
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 29 275
Taxi Start (Normal Tariff)
$ 8.20
Taxi 1km (Normal Tariff)
$ 2.25
Taxi 1hour Waiting (Normal Tariff)
$ 35.13
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 32 339
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 229
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 35.95
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 24.83
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 2 876
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
4%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 95.75
Tennis Court Rent (1 Hour on Weekend)
$ 31.98
Cinema, International Release, 1 Seat
$ 11.71
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 99.10
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 55.75
1 Pair of Nike Running Shoes (Mid-Range)
$ 114
1 Pair of Men Leather Business Shoes
$ 134
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 691
International Primary School, Yearly for 1 Child
$ 10 152
Mercury Group
Mercury Group
Contact seller
Mercury Group
Mercury Group
Contact seller

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