Buy 2 Bedroom Apartment, €379,000
🇨🇾 Cyprus, Limassol District (Leymasun), Limassol, Neapoli
77
2
2
About the Property Apartment
Rooms
2
Bathrooms
2
Total Area
77
Deal Information
Type
Sell
Price
€379,000
Price Type
Full Price
Price per m²
€4,922.08
About Mortgage
Mortgage Payment
€1,876/mon.
Salary
€3,752/mon.
About Investment
Income
6.17%/year
Payback
16 year 2 month
Monthly price
€1,950/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€1,297.36/mon.
Overpayment €20,907.9
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Monthly Rent
Median Price €2,325. Average Price €3,032. Price from €1,200 to €11,700.
Income 7.36%. Payback 13 years 7 mon.
Market Value
Median Price €440,000. Average Price €426,686. Price from €259,000 to €550,000
Percentage deviation from the median market value -14%
Description
Located in the heart of Neapolis neighborhood, just 500 meters from the beach. This modern development includes studios, two-bedroom apartments across four floors, and exclusive roof gardens offering stunning city views. This prime location supports high demand for short-term and long-term rentals with strong potential for capital appreciation. Market Insights Open Market Rentals: Studios: Projected rental rates based on market trends. Rental Growth: The area has experienced a 45%+ increase in rental rates over the past three years, indicating robust market trends for continued growth. Value Appreciation: Neapolis is a thriving neighborhood 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 major roadways and public transportation. Investment Highlights High Demand: The 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. Please call for more information.
 
 
€379,000
Price Full Price
Fox Realty: Limassol Molos
FLM Fox Limassol Molos ID 45
Show phone
Ref: 26281 Cyprus, Limassol, Neapoli
Price and availability information updated 1/20/25
 
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