Apartments in a new residential complex with a swimming pool in Limassol
€111,000 — €220,000
46 m² • €2,413.04+ m²Cyprus Permanent Residence
€300,000+9+ monthsProperty is eligible for Cyprus Permanent Residence by Investment Program
Learn moreCost
Property cost
€111,000 — €220,000
Price for m²
€2,413.04 — €2,471.91
Purchase taxes
5, 19% НДС
State fees
0,2%
Registration cost
1%
Distances
Yield and management
Yield
5-7%
Property management
Yes
Description
For sale are apartments with 1 and 2 bedrooms in a new residential complex, which is located in the village of Pyla near the University of Central Lancashire. UCLAN (University of Central Lancashire) is the only British university to have established a branch in Cyprus. Pyla is one of the oldest villages in Cyprus, dating back to the Middle Ages. The area is popular with tourists from the UK.
There are a number of hotels here: Golden Bay, Sandy Beach, Radisson Beach Resort, as well as many restaurants, taverns, tourist shops and apartments for rent. In the future, it is planned to lay a highway along the coast along with the arrangement of areas for promenades. The development of tourism in the region is a priority for the local administration. The project is located just 20 minutes drive from the award-winning best beach of Cyprus "Nissi Beach", with easy access to the island's motorway network and only 20 minutes drive from Larnaca city center and Larnaca International Airport, The property can be used as a holiday home or purchased as an investment with a very high expected rental income.
Real estate
Object type
Object category
New
Object stage
Construction
Permits
Yes
Object completion date
September 2024
Design features
Ownership
Characteristics
Total area
46 m² — 89 m²
Land area
Covered
Bedrooms
1—2
Baths
1
Parking
Yes
Renovation
Standard
View
City, Pool