Luxury House for sale in serene area of Monagroulli — Limassol

420,000 €

Total area
260 m²
Land area
680 m²
Bedrooms
3
Bathrooms
3

Check availability of the property

Send the listing to yourself

Features

Built in 2016
Sea at 2,000 m
Garden

Monagroulli is a picturesque village found in Limassol District and placed in the East of the town only 15 minutes from its center. The word monagroulli derives from two words Moni (Monastery) and Agros (field). It was believed that the area where Monagroulli is now, was one of the best and fertile fields that belonged to the Saint George Alamanos monastery. It was exclusively used by the monks to grow their daily produce. The village has approximately 700 residents, most of them working in the town of Limassol, some work in the nearby industries and very few are farmers. Monagroulli is a peaceful village with two local cafes, a grocery/supermarket, a cooperative bank, a children’s playground and two playing fields for football and basketball. this modern and luxury 1 year old house with 3 levels is just a15 minute drive to all city infrastructure and to the sea. It has Title deeds and amazing mountain views. It comprises 3 bedrooms with the master having en-suite facilities. The bedrooms have parquet laminated floor and fitted wardrobes. There are also 3 bathrooms and balconies. There's a separate maid's quarters with kitchenette and bathroom. Fully furnished, with open plan kitchen, spacious living and sitting areas, air conditions, central heating, window blinds and alarm system. The house has a garage with electric doors, electric gates, landscape design, outdoor sauna, outdoor shower, outdoor laundry room, outdoor utility room, solar panels, pergola, mature garden, swimming pool. This is a must view property! (The property is also available for long term rental — 2,500 Rental Per Month)

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.

Request details

Property on the map

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

Other offers nearby

More properties

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

You can see more houses for sale in Limassol (city) 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.