Investment project in Limassol, Cyprus, 1 570 m²

Let’s take a look at the NEON Limassol project.

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NEON This is an exclusive collection of 20 water apartments from the fastest growing areas of Limassol, located west of the Limassol marina and a few minutes from the city center.

Located on the outskirts of the transforming Ciflicudia district, it offers the opportunity to become part of an area experiencing significant growth and investment.

Profitability and Benefits for the Investor:

The cost of the building: 5.877.650 EUR | 5.015 EUR/m2

VAT - 0%
Furniture included in the price - 400,000 EUR (without additional costs)

• Value increase +28%
• Price at the time of delivery - 7.523.392 EUR

Annual rental income (approximately):

• 1+1, 5 apartments - 1,900 €/month | 9,500 €/year
• 2 bedrooms, 5 apartments - 2,150 €/month | 10,750 €/year
• 1 bedroom, 10 apartments - 1,450 €/month | 14,500 €/year

Total: 34,750 €/month | 417,000 €/year
*Rental income is accrued after the transfer of the object

Building characteristics:

• Total area: 1.570 m2
• Internal area - 1.172 m2
• Apartment - 20
  • 5 apartments - 1+1
  • 10 apartments - with 1 bedroom
  • 5 apartments - with 2 bedrooms

The complex features one-bedroom apartments, one extra bedroom and two bedrooms, all with spacious covered verandas. Some upper-floor residences have private roof gardens with the option of installing a Jacuzzi.

The complex will have a communal rooftop pool and recreation area, which creates an attractive lifestyle for both homeowners and investors.

• Type of property: Residential
• Location: Agios Ioannis
• Status: At the construction stage
• Completion date: 1st quarter 2029
• Energy efficiency: Class A

For more information on this project and others, please contact us.