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Luxury apartments, first line to the sea- Limassol

2,700,000 €
20,000 € /m²
  • Total area
    135 m²
  • Bedrooms
    2
  • Bathrooms
    2
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Features
  • Completion in: 2023
  • Sea at 50 m
  • Balcony or terrace
  • Beachfront

Splendid development located right on the beachfront in the area of Amathunda, in one of the largest cities of the island with its vibrant life. The prime location, direct access to the beach and spectacular sea views are just some of the advantages of this luxurious development. The project is located adjacent to the St Raphael Marina which is 6 miles East of Limassol centre and is part of the luxury 5 star St Raphael Resort. St Raphael has long been a playground for the rich and famous attracted to the fabulous conditions for yachting and water sports with its countless restaurants serving the very best of different cuisines. The project consists of units that have been carefully planned so as to astonish its residents with distinctive design and high-end finishes as well as provide ultimate comfort. The penthouses enjoy spacious roof gardens, private swimming pools and breathtaking panoramic views of the Mediterranean Sea.

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

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 Limassol (city) elsewhere on our website.

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    Inna Shchukina
    Inna Shchukina,
    Senior property selection advisor
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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

      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.

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