Property for sale in Limassol - 29541409 - Advertised on propertyO by Rasbery property Estate Agents Ltd

House for sale

£1,750,760

Limassol, Cyprus Property ID: 29541409


Property features

  • CITIZENSHIP BY INVESTMENT PROGRAME CYPRUS.

Property description

CYPRUS (EU) CITIZENSHIP VIA INVESTMENT PACKAGE.



FOR MORE DETAILS REGARDING THE CYPRUS THE PASSPORT SCHEME




Various investment options available.



Proposed investment Package:



This is structured to meet the requirements of the programme as well as offering a diverse investment portfolio with yearly return & capital growth.



All properties listed have Title deeds.



A. Primary Residence: Whole floor apt in Yermasoyia area Limassol.



This is a top end residential building consisting of only three whole floor apts.



The first floor apt consists of 3 bedrooms all ensuite, an office/4th bedroom, living dining room, kitchen & breakfast dining area as well as large veranda with panoramic sea views. There is additional small studio room in the basement parking area. Full furnished to a very good standard, Central Heating and air conditioning. There is a Communal swimming pool.



200 . m for the floor Plus 75sq.m store room, studio, covered parking etc.



B. Pyrgos Area in Limassol:



Only 5 minutes' drive from the tourist area, St Raphael Marina & the New Seven Star Park Lane Hotel, Grand Hotel, Elias Beach Hotel & the new Casino.



1. 3 bedroom detached house with additional loft room & private swimming pool. 198m covered area. Plot: 350m2




3. 2 bedroom semi - detached house with loft room with communal swimming pool 150m covered area.Plot: 200m




The above properties will all be sold fully furnished with air conditioning/heating.



A. The Primary Residence. 



B. Pyrgos houses & Apt:



1. House with swimming pool 


2. House with com. swimming pool 



3. Semi-detached House 



4. 3 bedroom G. Floor apartment 







Guaranteed rental return of 3 years on Pyrgos Houses & Apts:



These properties will be allocated to the developer for 3 years. The developer will rent them out and pay annually to the owner the sum of:



GUARANTEED € 100,000/ per annum. 4.67 % RETURN PER ANNUM.



CAPITAL GROWTH:



Allproperties have potential for growth which will be tax exempted.



Most properties offered for the passport scheme are in excess of €10,000/m with limited growth potential.



The four investment Pyrgos properties are located in a newly established Touristic area which has exceptional prospects.



BENEFITS OF THE CYPRUS EU CITIZENSHIP PROGRAMME:



FAST AND SIMPLE - Cyprus EU Citizenship by Investment can be obtained within 3 months. This is Valid for the whole family.



NO RESIDENCE REQUIREMENTS - Investors must visit Cyprus at least once every 7 years.



FREE MOVEMENT - Citizens have the right to live, work and get an education within the European Union, Free movement of goods, services and capital, Visa-free travel to over 158 countries including the EU and Canada



PROTECTION - Protection by the diplomatic or consular authorities of any EU country



LANGUAGE - There are no language requirements



NO DONATION - No donation to the Cyprus Government is required



RIGHT TO VOTE - All European Citizens have the right to vote and stand for European Parliament Elections



DUAL CITIZENSHIP - No need to renounce previous nationality as dual citizenship is allowed.



VALID FOR LIFE - Citizenship can be passed to future generations by descent



ELIGIBILITY - All nationalities are eligible for the programme



NO TAX CONSEQUENCES - No tax consequences unless one opts to become a tax resident in Cyprus.



INVESTMENT CRITERIA AND CONDITIONS:



1. Cyprus EU Citizenship may be obtained through a secure property investment of €2 million, provided the properties all are residential.



2. The investment can be a single property or combined property portfolio.



3. The main investment may be sold after a period of three (3) years, however, the investor must always maintain / purchase a property with a value of at least €500,000.



4. Clean criminal record is required.



5. The investor's parents are entitled to apply for Cyprus Citizenship by Exception provided that they have purchased a permanent residence of at least €500,000 plus VAT.



6. Valid for family members: Children up to 28 years of age. Also Grand parents can apply with an additional investment for a primary permanent residence of value 







Additional Features



* Cooling



* Fenced Yard



* Garden Area



* Hood Fan



* Refrigerator



* Stove



* Swimming Pool



* Trees / Shrubs



* Washer

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