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3 Bedroom Apartment
Neapolis, Limassol

€380,000  ($437,872)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $15,326

Average Bank Rate (€380,000)
1 USD = 0.8385 EUR
$453,198

Mid-market rate (€380,000)
1 USD = 0.8678 EUR
$437,872

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8350534 (33142)
  • Bedrooms: 3
  • Bathrooms: 1
  • Total covered area: 129 sqm
  • Resale built in 1979

Description

Spacious 3-bedroom apartment for sale in Neapoli, located in the heart of Limassol city centre right on Makariou Avenue. The property enjoys a prime location surrounded by shops, cafes, bus stops, and all everyday amenities, while being just 300m from the beach (approximately a 5-minute walk).

The apartment offers 118 sq.m. total covered area, including an 11 sq.m. veranda, and features a comfortable layout suitable for both residential living and investment. It consists of three bedrooms, one main bathroom and one guest toilet, while the property also benefits from two balconies.

The apartment was renovated in 2010 and remains in good condition. A renovation of the building is scheduled to take place in approximately two months, with an estimated contribution of €5,000 for the new owner. The building also benefits from a recently installed new elevator.

Additional features include a jacuzzi and steam bath, adding a touch of comfort and wellness within the property, as well as underground parking.

The apartment is currently rented, generating approximately 6% ROI, making it an attractive option for investors seeking immediate rental income in one of Limassol’s most central and sought-after locations.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€11,800 ($13,597)
If buying on joint names
€8,400 ($9,679)

Disclaimer - Property reference 8350534. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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