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Global Properties

3 bedrooms Apartment in Limassol, Cyprus No. 34576

$ 695 520
$ 5 894 per m²
3 Bedrooms
4 Bathrooms
118 Living space, m²
Limassol, Cyprus
Parameters
Bedrooms
3
Bathrooms
4
Living space, m²
118
ID
34576
Type
Apartment
Property description
Located in the center of Limassol, this sea view apartment is within walking distance of the beach and the Zoo Park. Positioned near shops, restaurants, cafes, and supermarkets, it offers practical access to everyday city needs.

The apartment spans 118 m² of covered space and includes a guest WC, one master bedroom with an en-suite bathroom, and two additional double bedrooms, each with their own en-suite. The layout features an open-plan kitchen and living area, finished with natural materials such as marble, granite, and real wood floors.

Designed for functional living, the apartment includes duct-mounted air conditioning, underfloor heating with Wi-Fi control, integrated lighting, and high-spec bathroom fittings including a jacuzzi tub and water jet showers. The kitchen is fully equipped with Bosch appliances, a granite island, and a wine cooler.

The apartment is fully furnished and the building's entrance and parking areas have already been renovated.
Plans for the exterior renovation are in place, with funding collected through billboard rental income managed by solicitors. Owners are not required to contribute additional funds.

Currently rented at €3,700/month, the property generates an ROI of 7.4% with a 1-year lease starting from December 1, 2024.

The main features of the project and the units:

• Location: Central Limassol, walking distance to the beach and Zoo Park
• 3 bedrooms, all with en-suite bathrooms
• Guest WC
• Open-plan kitchen and living area
• 118 m² covered area
• Fully furnished
• Underfloor heating with Wi-Fi control
• Duct-mounted air conditioning
• Marble and wooden flooring
• Jacuzzi tub and water jet showers
• Bosch appliances and granite kitchen island
• Wine cooler
• Soundproof aluminum double-glazed windows with mosquito nets
• Solar panel for hot water
• Security door and alarm system
• Renovated entrance and parking area
• Exterior renovation funded by billboard rental income
• Uncovered parking
• Investment property with rental income
• ROI 7.4%, let at €3,700/month from 01/12/24

The project has an EPC certificate with “B” energy efficiency rating.
Features
Outdoor features
  • Car park
Statistics Limassol
$ 5 020
Price per m²
163
Quality of Life Index
62
Cost of living Index
Parameters
[:second_city:]
Limassol
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 577
2-Room Apartment
$ 1 363
Apartment Purchase Price per m²
In the City Center
$ 5 020
Outside the City Center
$ 3 995
Crime Index
40
Cost of Living and Rent Index
49
Purchasing Power Index
111
Property Price to Income Ratio
8
Safety Index
60
Traffic CO₂ Index
3676
Traffic Inefficiency Index
116
Rent Index
35
Health Care Index
51
Groceries Index
55
Pollution Index
57
Traffic Commute Time Index
23
Restaurant Price Index
69
Climate Index
96
Cost of Living Index
62
Quality of Life Index
163
Traffic Index
99
Restaurants
Meal, Inexpensive Restaurant
$ 23.00
Meal for 2 People, Mid-range Restaurant, Three-course
$ 80.49
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.20
Domestic Beer (0.5 liter draught)
$ 4.60
Imported Beer (0.33 liter bottle)
$ 5.75
Coke/Pepsi (0.33 liter bottle)
$ 2.00
Water (0.33 liter bottle)
$ 1.25
Cappuccino (regular)
$ 3.94
Markets
Milk (regular), (1 liter)
$ 1.94
Loaf of Fresh White Bread (500g)
$ 2.24
Eggs (regular) (12)
$ 4.37
Local Cheese (1kg)
$ 12.43
Water (1.5 liter bottle)
$ 1.11
Bottle of Wine (Mid-Range)
$ 9.20
Domestic Beer (0.5 liter bottle)
$ 1.64
Imported Beer (0.33 liter bottle)
$ 2.71
Cigarettes 20 Pack (Marlboro)
$ 6.07
Apples (1kg)
$ 3.31
Chicken Fillets (1kg)
$ 9.05
Oranges (1kg)
$ 2.89
Potato (1kg)
$ 1.82
Lettuce (1 head)
$ 1.10
Rice (white), (1kg)
$ 3.04
Tomato (1kg)
$ 3.44
Banana (1kg)
$ 2.23
Onion (1kg)
$ 1.67
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 13.79
Transportation
One-way Ticket (Local Transport)
$ 2.30
Monthly Pass (Regular Price)
$ 46.00
Gasoline (1 liter)
$ 1.64
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 33 807
Taxi Start (Normal Tariff)
$ 8.05
Taxi 1km (Normal Tariff)
$ 2.21
Taxi 1hour Waiting (Normal Tariff)
$ 34.50
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 30 990
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 225
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 34.45
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 23.42
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 2 721
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
4%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 95.82
Tennis Court Rent (1 Hour on Weekend)
$ 31.40
Cinema, International Release, 1 Seat
$ 11.50
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 96.66
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 51.55
1 Pair of Nike Running Shoes (Mid-Range)
$ 111
1 Pair of Men Leather Business Shoes
$ 116
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 628
International Primary School, Yearly for 1 Child
$ 10 279
Ksenia Tarasova
Cyprus Developers Alliance
Head of sales
Contact seller
Ksenia Tarasova
Cyprus Developers Alliance
Head of sales
Contact seller

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