Cyprus Real Estate Marketplace

Studio Apartment for Sale in Limassol - Neapolis

  • Studio
  • 1
  • Brand New
  • 35m²
  • €189 000
  • + VAT
  • ↑ €10 000 (5.59%)
Price per m²
€5400/m²
VAT
Not Included in Price
VAT for this property is €9,450 (Reduced 5% rate) or €35,910 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No

Price History

  • Ref. #: 53515
  • Parking: No  
  • Energy Efficiency: N/A
  • Air Conditioning: No

This project is located in the heart of Neapolis area, just 500 meters from the beach and with easy access to the highway and main city roads. It is surrounded by all kinds of residential amenities.

Its prime location supports high demand for short-term and long-term rentals with strong potential for capital appreciation.

The modern development includes studios, two-bedroom apartments across four floors, and exclusive roof gardens offering stunning city views.

Market Insights

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.

Location Benefits:
* Proximity to Amenities: Close to shopping, dining, entertainment, and excellent public transport links.
* Accessibility: Easy access to major roadways and public transportation.

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 studio has an internal covered area of 35m2 and a covered veranda of 4m2.

  • €189 000
  • + VAT
  • ↑ €10 000 (5.59%)
Price per m²
€5400/m²
VAT
Not Included in Price
VAT for this property is €9,450 (Reduced 5% rate) or €35,910 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No

Price History

  • Agency
  • R.N.:1146 L.N.:571/E
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