1 bedroom Luxury Apartment for sale — Limassol Marina

680,000 €
11,333 € /m²
  • Total area
    60 m²
  • Bedrooms
    1
  • Bathrooms
    1
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Features
  • Built in 2012
  • Sea at 50 m
  • Swimming pool

Nereids Residences Limassol Marina — An exclusive complex of luxury apartments and penthouses which is part of the architectural ensemble of the first luxury yacht resort in Cyprus — Limassol Marina. Attractive feature of Nereids Residences — location in a cozy corner of the coastal part of the complex Limassol Marina with a beautiful, landscaped parkland. Exclusive access to the territory, the infrastructure of the complex Nereids Residences Limassol Marina is provided only for the residents of the apartments, which ensures the privacy of the private life. Within walking distance of Nereids Residences is the magnificent private beach of Limassol Marina, a wharf harbor with a full service cycle of ships, the entertainment and commercial infrastructure of a yacht resort. The central part of the complex Limassol Marina is the embankment area for walking, mass entertainment and cultural events. The area is surrounded by fashion boutiques of famous designers, special and general stores, a gallery of art objects, salons of exclusive goods, restaurants, cafes and night entertainment. The coastal infrastructure of Limassol Marina includes the Tracasol Warehouses, SPA and Sanctum SPA & Fitness, a bank, a premium car rental office, a helipad and branches of yacht agents. The complex Nereids Residences Limassol Marina consists of nine elegant buildings in the Mediterranean style. The height of the buildings is 4 and 5 floors, as each building is equipped with an elevator. This property was built using the best building materials and with the highest standards in mind. The sleeping apartments embody the excellent standards of comfortable living near the sea. They consist of an open plan living room combined with a dining room and a fully equipped kitchen, a spacious bedroom and a bathroom. The apartment is offered for sale furnished. The building of the Nereids Residences complex is surrounded by a semi-circular courtyard with an open landscaped area, in the center of which there is an adult swimming pool and a children's pool. The area around the pools is occupied by a tanning area. Residents of Nereids Residences have access to underground parking, equipped with electronic control and access control.

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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      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

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      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.

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