2 & 3 Bedroom Apartments for sale in New Modern Styled High-rise Building in Ayios Tychonas — Limassol

930,000 €

5,670 € /m²

Total area
164 m²
Bedrooms
2
Bathrooms
1

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Features

Built in 2018
Sea at 80 m
Balcony or terrace
Sea view

The Address is a modern styled high-rise apartment building, covered in marble, sitting opposite Limassol’s highly acclaimed blue flag beach. Twenty eight spacious apartments and two 3-bedroom penthouses with private pools and roof gardens are arranged over 11 floors; each having an uninterrupted sea view from the deep balcony, and benefiting from a host of residents-only facilities. Apartments have either 2 or 3 bedrooms, and all interiors are sumptuously finished in quality materials that complement the modern overall styling. Residents’ facilities include private gardens, secure gated access, swimming pool, sunbathing terrace, tennis courts, gym and sauna. Each apartment has a covered parking area and basement storage room. All floors are reached via two elevators from the impressive lobby area. Exclusively located near Limassol’s downtown shopping and business hub, The Address is very close to a variety of designer shops, coffee houses, 5-star hotels and fine dining restaurants, and is conveniently located near to schools and banks. The project is still under construction — Estimated date of Delivery: Prices start from: 903,000 Euros + VAT

Extra opportunities

The Investor obtains residence permit or permanent residency in Cyprus by purchasing a newly-built property for at least €300,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.

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Property on the map

Location right down to the building, street or city
Other properties

Other offers nearby

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If this property wasn’t for you, take a look at other new homes for sale in Cyprus.

You can see more new homes for sale in Agios Tychonas elsewhere on our website.

How to buy property with Tranio

Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

FAQs

Can I get a mortgage abroad?

It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

How does the purchase procedure work?

The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

Can a residence permit be obtained by buying property?

In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

How does Tranio make money if your service is free for the clients?

We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

Who guarantees the transaction security?

The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.