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