Sell 2 Bedrooms Apartment €497,000 Full Price

🇨🇾 Cyprus, Limassol District (Leymasun), Limassol, Neapoli
75
2
1
About the Property Apartment
Rooms
2
Bathrooms
1
Total Area
75
About the Property Apartment
Price
€497,000
Price Type
Full Price
Price per m²
€6,626.67
About Mortgage
Mortgage Payment
€2,460/mon.
Salary
€4,920/mon.
About Investment
Income
3.8%/year
Payback
26 year 4 month
Monthly price
€1,575/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€1,701.29/mon.
Overpayment €27,417.48
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Monthly Rent
Median Price €2,350. Average Price €3,300. Price from €1,200 to €11,700.
Income 5.67%. Payback 17 years 7 mon.
Market Value
Median Price €420,000. Average Price €387,470. Price from €245,000 to €505,000
Percentage deviation from the median market value 18%
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.
 
 
€497,000
Price Full Price
Fox Realty: Limassol Molos
FLM Fox Limassol Molos ID 45
Show phone
Ref: 26282 Cyprus, Limassol, Neapoli
Price and availability information updated 10/16/24
 
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