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Germasogeia Apartment 790,000 €
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№ 1,843,706

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Four bedroom apartment in Limassol, Potamos Germasogeia

790,000 €

5,266 € /m²

Total area
150 m²
Bedrooms
4
Bathrooms
3

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Features

Built in 2011
Sea at 50 m
Swimming pool

Luxury apartments class deluxe. Elaborately processed materials, and the use of the most advanced technologies to create a unique atmosphere of high style. Apartments occupy half floors, and has the most modern appliances. Also in the apartment is installed \“smart house\“. Walkway among eucalyptus trees Dasudi park is 20 meters. The gym and swimming pool, available only to owners of apartments. Public areas are under the supervision of the security services.

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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Is this property suitable for obtaining a permanent residence permit in Cyprus? How much should I budget for legal arrangements? Can I rent this property out?

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Yulia Belousova

Real Estate Expert Tranio in Germasogeia

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How to buy property with Tranio

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Meeting the partners

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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.

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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 and Latvia 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 Turkey passport by buying a property worth at least $400,000.
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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Marina Filichkina,

Head of Sales

Limassol, Cyprus

Tranio Cyprus LTD, 38 Karaiskaki Kanika Alexander Center, Block 1, 1st Floor office 113b, 3032 Limassol Cyprus

+35 725 060200

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