€355,000
Apartment in Erimi, Limassol
Condition
Brand New
Features
- Elevator
- Balcony
- Storage Room
- Solar Panels
- Elevator
- Storage
- Solar water heater
- Quiet area
- Modern design
- Near amenities
- Double glazing
- Pressurized water system
- Investment opportunity
- Balcony
- Combined kitchen and dining area
- Easy access to main roads
- Easy access to highway
Property description
Modern Living in Erimi: Your Sanctuary near Limassol A Contemporary Residential Gem Nestled in the tranquil, sought-after suburb of Erimi, Limassol, this under-construction residential development offers an exceptional opportunity for balanced, high-quality living. Crafted with a focus on modern comfort and elegant simplicity, the project comprises two exclusive low-rise buildings, each featuring just six thoughtfully arranged, two-bedroom apartments across two floors. This boutique development provides an ideal setting for those seeking a serene family environment and strategic investment while maintaining rapid access to the bustling city center and stunning Mediterranean coastline. Key Property Highlights (3-Bedroom Apartments) • Design & Quality: Modern, contemporary architecture (as seen in the visuals) constructed to the highest standards, utilizing premium building materials and high-end finishes. • Intimate Community: Only 6 apartments per building ensures privacy and a peaceful, neighborly atmosphere. • Core Amenities: Each apartment includes a dedicated covered parking space and a private storage room. • Efficiency: Equipped with solar heating and water pressure systems for optimal comfort and reduced running costs. Unbeatable Location & Accessibility The Erimi location is truly key, offering a unique blend of peaceful village life and urban convenience: • Seamless Connectivity: Provides easy, direct access to the main highway network, connecting you swiftly across Limassol and Cyprus. • Amenities Hub: The development is surrounded by a rich array of essential amenities, including supermarkets, schools, shops, pharmacies, and various dining options. • Leisure & Entertainment Proximity: o 5 km to the historic and beautiful Kourion Beach. o Only 10 km from major landmarks, including MyMall Limassol, the highly anticipated City of Dreams Mediterranean Resort & Casino, and the popular Lady's Mile Beach. Investment Potential Erimi is a burgeoning residential area offering strong potential for capital appreciation, making this project an attractive choice for both primary residents and international investors seeking a reliable return. • Expected Completion Date: September 2027 Prices are subject to change and availability
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.
Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.
First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.
Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.
Use only if the planning-permit and declaration deadlines apply.
- Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
- Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
- No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
- Mortgage registration is estimated at 1% of the mortgage amount.
- Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
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Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.
