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1 Bedroom Apartment for sale in Protaras, Famagusta

Protaras, Famagusta, Cyprus
1 Bedroom Apartment for sale in Protaras, Famagusta 305 Protaras
940000 €940,000  ($1,046,144)
1 Bedroom Apartment
Protaras, Famagusta

€940,000  ($1,046,144)

Sweet Home Estates

Sweet Home Estates

Registered & Licensed Real Estate Company. Reg No. 504 - Reg No. 470

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $36,615

Average Bank Rate (€940,000)
1 USD = 0.8682 EUR
$1,082,759

Mid-market rate (€940,000)
1 USD = 0.8985 EUR
$1,046,144

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1472121 (6213)
  • Bedrooms: 1
  • Bathrooms: 1
  • Total covered area: 245 sqm
  • Communal swimming pool
  • Resale built in 2010

Description

Investment Opportunity: Sea Front Apartments in Protaras' Residence Resort

This is an exceptional opportunity to invest in five one-bedroom sea front apartments located in Protaras, a vibrant and cosmopolitan resort town. These apartments are part of the Spa Residence Resort, a pioneering development that combines innovative design and architecture with a prime location, ensuring the highest level of luxury and relaxation.

Features of the Residence Resort:

Unique Design and Architecture:
The resort has been meticulously designed with contemporary aesthetics and functionality, ensuring an elegant living experience.

Luxury and Relaxation:
Each apartment is crafted with the utmost luxury and comfort in mind, making it a perfect retreat for relaxation and rejuvenation.

Prime Location:
Situated first line from the sea, the resort offers stunning views and easy access to the beach.

Exceptional Amenities:
The resort provides numerous on-site facilities, including spa services, swimming pools, fitness centers, dining options, and more, mirroring the services of a high-end luxury hotel.


Versatile Experience:
Whether the guests seek relaxation, adventure, or a mix of both, the resort caters to all preferences, offering a perfect environment to work, play, or unwind.

Investment Benefits:

Zero Transfer Fees:
Potential buyers will benefit from zero transfer fees as the properties are sold through a Special Purpose Vehicle (SPV).

Security of Ownership:
Buyers will also receive a share of the land, providing additional security of ownership.

This investment in the Residence Resort is not just a purchase; it is an opportunity to own a piece of luxury in a prime location, with significant benefits and amenities designed to deliver a sophisticated and unparalleled holiday lifestyle. Whether for personal use or as a lucrative rental property, this is an investment that promises exceptional returns and an exceptional living experience.

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€1,788 ($1,989)
If buying on joint names
€1,788 ($1,989)
Transfer fees
If buying as an individual
€34,200 ($38,062)
If buying on joint names
€30,800 ($34,278)

Disclaimer - Property reference 1472121. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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