Block of flats for sale in Pareklisia, Limassol, Cyprus

£27,297,158 (€31,000,000)
Block of flats for sale
Interested in this property? Call +44 330 038 8381 * or Request Details

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Property description

This most exciting Project at the East entrance of the cosmopolitan city of Limassol perfectly situated in one of the south after areas. The 14 storey building will consist of 12 floors of choice from 1,2 or 3 bedroom ultra-luxury apartments rising above a reception lobby area on the ground floor and a new spectacular specialty restaurant on the lower level floor.

The project will be connected to the award winning Resort and have direct access to the beach, to 43,000m2 landscaped gardens of the St Raphael Resort and the beautifully designed private Marina.

Although away from the hustle and bustle of the city, the city centre is only a 15 minute drive away.

*** from 1st of September 2018 the price will be subject to 19% VAT. ***

Key Benefits:

Prime beachfront Real Estate
Location within a Five Star Resort
Hotel facilities (hotel membership, reception area, specialty restaurant)
Private Marina for entry by yacht
Use of Hotel Booking System for your apartment allowing ability to let
Hotel professional management
Room service available
All apartments offer stunning sea and marina views
Exclusive use of the roof garden terrace with gym, luxury bar, infinity pool and sunbathing area

Additionally what Cyprus (an EU member) offers:

Naturalization (citizenship) by exception for investment in real estate, for investor, spouse and children within 6 months*
Attractive tax regime, recently implementing “Non-Dom” status for certain individuals*
A multicultural population and a high standard of living
A strategic geographic location to Europe, Asia, Middle East
A pleasant climate
Safety and security

*Independent advice should be sought. Conditions apply.

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
Chris Michael Estates, 3724 on +44 330 038 8381 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Chris Michael Estates, and do not constitute property particulars. Please contact Chris Michael Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.