Buy 3 Bedroom Apartment, €597,000
🇨🇾 Cyprus, Limassol District (Leymasun), Limassol, Neapoli
101
3
3
About the Property Apartment
Rooms
3
Bathrooms
3
Total Area
101
Deal Information
Type
Sell
Price
€597,000
Price Type
Full Price
Price per m²
€5,910.89
About Mortgage
Mortgage Payment
€2,954/mon.
Salary
€5,908/mon.
About Investment
Income
3.02%/year
Payback
33 year 2 month
Monthly price
€1,500/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€2,043.6/mon.
Overpayment €32,934.08
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Monthly Rent
Median Price €2,550. Average Price €4,090. Price from €1,450 to €9,900.
Income 5.13%. Payback 19 years 6 mon.
Market Value
Median Price €495,000. Average Price €490,474. Price from €220,000 to €950,000
Percentage deviation from the median market value 21%
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.
Nearby Brands
Lidl 534 mStarbucks 841 m
 
 
€597,000
Price Full Price
Fox Realty: Limassol Molos
FLM Fox Limassol Molos ID 45
Show phone
Ref: 26285 Cyprus, Limassol, Neapoli
Price and availability information updated 1/8/25
 
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