3-bedroom apartment fоr sаle
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Make better decisions with median price, value trends and other helpful analytics
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The Residences is situated in Limassol's city center, just a 15-minute walk from the beach. The development includes one, two, and three-bedroom units, as well as stylish penthouses. This prime location supports both high demand for short-term and long-term rentals with strong potential for capital appreciation.
Market Insights:
Open Market Rentals:
•1-Bedrooms: €2,000 - €2,200 per month.
•2-Bedrooms: €2,700 - €2,900 per month.
•Rental Growth: The area has seen a 45%+ increase in rental rates over the past three years, indicating strong market trends for continued growth.
•Value Appreciation: The neighborhood is thriving, with significant potential for property value appreciation.
Location Benefits:
•Proximity to Amenities: Close to shopping, dining, entertainment, and excellent public transport links.
•Accessibility: Easy access to the motorway via Omirou Commercial Street.
Investment Highlights:
•High Demand: Central location ensures high demand for both long-term and short-term rentals.
•Yield Potential: Competitive off-plan pricing with a promising high yield and return on investment.
The Residences presents a lucrative investment opportunity with strong rental yields and the potential for significant value appreciation in a growing neighbourhood.
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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