Author: Cyprus Best

Posted in: Uncategorized

LIVE IN CYPRUS

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What is the reason to buy apartment in Limassol

There are several reasons why someone might consider buying an apartment in Limassol:

Location: Limassol is a beautiful city located on the southern coast of Cyprus, with access to beaches, historic sites, and natural beauty. It is also a hub for business and commerce, making it an attractive location for those who want to live in a vibrant and dynamic city.

High quality of life: Cyprus is known for its high quality of life, with excellent healthcare, education, and social services. Limassol is no exception, and it offers a comfortable and safe environment for families, retirees, and professionals.

Investment opportunities: The real estate market in Limassol has been growing steadily in recent years, making it an attractive location for real estate investment. In addition, Cyprus offers a favorable tax regime, which can be beneficial for those who are looking to invest in property.

Citizenship by investment: The Cyprus government offers a citizenship by investment program, which allows individuals to obtain Cypriot citizenship by investing in the country. This program has become increasingly popular in recent years, as it offers several benefits, including visa-free travel to over 170 countries.

Overall, buying an apartment in Limassol can be a great investment, offering a high quality of life, a favorable business environment, and potential for long-term growth.

Economic advantages to live in Limassol

Limassol, located on the southern coast of Cyprus, offers a range of economic advantages for those looking to live and work in the city. Here are a few economic advantages to living in Limassol:

Strong economy: Limassol is one of the fastest-growing economies in Cyprus, with a focus on international trade, finance, and shipping. The city’s port is one of the busiest in the Mediterranean, making it a major hub for business and commerce.

Low cost of living: Despite its strong economy, Limassol offers a relatively low cost of living compared to other European cities, making it an attractive destination for expats and entrepreneurs.

Favorable tax system: Cyprus offers a favorable tax system for individuals and businesses, including a low corporate tax rate of 12.5%, making it an attractive destination for investors and entrepreneurs.

Skilled workforce: Limassol has a highly skilled and multilingual workforce, with many professionals working in the finance, legal, and shipping sectors.

Access to international markets: Limassol’s port and airport offer easy access to markets throughout Europe, the Middle East, and Africa, making it an ideal location for businesses looking to expand their reach.

Lifestyle: Limassol offers a high quality of life, with a mild Mediterranean climate, beautiful beaches, and a rich cultural heritage, attracting both expats and tourists.

Overall, Limassol offers a range of economic advantages, making it an attractive destination for both individuals and businesses looking to invest, work, and live in a vibrant and growing city.

Posted in: Limassol

INTERIOR & SPECIFICATIONS

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STRUCTURE

Reinforced concrete frame comprising of footings, columns, beams and slabs, design in accordance with the regulations for anti-earthquake construction specifications. 

WALLS

Exterior walls are 25cm thick and 8cm thermal insulation.

FINISHES

  • Marble or tile  polish in entrance hall, living and dinning areas.
  • Marble or tile polishin kitchen floor and internal staircases. 
  • Italian tiles  mat in all verandas, terraces.
  • Italian tiles  anti – slip mat around swimming pool areas.
  • Parquet with solid wood top in bedrooms.
  • Italian tiles bathroom walls.

DOORS AND WINDOWS

  • Entrance door fireproof hardwood frame and solid wood leaf.
  • Internal doors – wooden door frames and wooden block board lined, finished with wood veneer and rubber seals. Door leafs are flat and faced with wood veneer.
  • External doors and windows are coloured aluminium with double glazing sliding and/or hinged tilted sections.

WARDROBES AND KITCHEN CUPBOARDS

  • Corian or granite worktop in the kitchen.
  • High quality Italian-design kitchen cupboards with combination of laminate, glass and wood finish.
  • Italian-design bedroom wardrobes with laminate finish doors.

SANITARY WARE AND MIXERS

  • Imported high quality sanitary ware complete with accessories.
  • Chrome plated mixers.
  • Washbasin tops with wooden under counter cupboard where shown on drawings.
  • Wall mounted WC’s with concealed system where shown on drawings.
  • Glazed cubicle for shower trays.

WATER SUPPLY

  • Individual water tank with solar panels and electric water heater and central pressurized system for hot and cold water. 
  • «Heat-pump» system for hot water for penthouses and grand floor house.
  • «Pipe –in-pipe» system supply lines for hot and cold water. 
  • Front and back garden water taps.

ELECTRICAL INSTALLATIONS

  • Interphone entrance door control.
  • TV points and provision for satellite antenna.
  • Safety fuses or dipolar switches with light indicators for all kitchen appliances to meet Electricity Authority’s regulations.
  • Phone line with phone sockets.
  • Security alarm system.
  • Home lighting control system for living and dinning areas.
  • Provision for control and automation (smart Home) for the A/C units, security, alarm system and IP cameras.

AIR CONDITIONING

  • A/C (heating and cooling) including units, wiring, drainage system and cooper pipes installation.
  • Provision.

HEATING

Under floor electrical heating.

PLOT BOUNDARIES

Plot boundaries are defined by low and high walls, as shown in the drawings.

ROOF SWIMMING POOL 

  • Prefabricated swimming pool.
  • Step ladder, electro-mechanical equipment supply and installation.

ENERGY EFFICIENCY CATEGORY A+

Full installation of photovoltaic system.

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