Luxurious 3 bedroom penthouse in Limassol

Ref No:
€5.550.000
  • Status: For Sale
  • Property type: Apartment
  • Ref. ID: 11701
  • Area: Germasogeia
  • Bedrooms: 3
  • Energy Efficiency Rating: N/A

Details

THE CONSTRUCTION ON THE LAST STAGE

AN ICON INSPIRED BY THE SEA.

A world-class seafront development, in ultra-desirable coastal Limassol in Cyprus, with unobstructed sea views from all apartments. This landmark development consists of luxury residences that will enjoy in-house services, concierge, exceptional facilities and an exclusive high-end shopping and dining plaza. Become a proud owner of this magnificent beachfront property.

Gianfranco Ferré Home will bring a new level of design savoir-faire to the development with a  trademark Italian flair and a genius understanding of geometric patterns. Each apartment at The Signature Collection will be individually furnished and numbered by Gianfranco Ferré Home, offering buyers a rare opportunity to become part of what was already one of the most coveted destinations on the island, after the first phase quickly sold out.

Our world-class services are as unobtrusive as possible, while remaining fully accessible. All of our apartments by the beach residents will enjoy round-the-clock services available from our experienced concierge, who will always be on hand to cater to your requests, no matter how small or large. Management and rental services will also be offered to the residents convenience.

The flagship development in Cyprus saw a year of sales success and achievements. Starting from day one, the luxury apartments were popular with affluent buyers who wanted to invest in the future of Limassol. Now 80% of its homes now sold across both phases, securing the future investment for the entire construction. This year the subtle sea waves of the Mediterranean Sea opposite the development can be clearly depicted in the distinctive curved architecture that now stands 17 storeys high.

The Cyprus investment program has made Cyprus popular with international buyers due to the attractive package it offers as a destination. Cyprus can be reached with direct flights in just over four hours from London, Moscow and Dubai. The country also has a preferable time zone for business across the globe. Cyprus’ economy is growing at a faster rate than many of its EU partners, and offers a lucrative investment opportunity to buyers.

The minimum investment requirement has been reduced to €2 million. Fast examination period of citizenship applications under the Program or dual citizenship process for real estate buyers with a five years exit strategy. This program is appealing to global citizens who spend their time between various destinations, as it not only grants the buyer but also the option for the whole family to obtain the citizenship and therefore travel to 157+ countries.

Cyprus also benefits from zero inheritance, wealth, gift and immovable property taxes. Obtaining the citizenship is one of the reasons international buyers purchase property in Limassol, but certainly not the only reason. Buyers are also attracted to the Limassol lifestyle and the convenience of having a second home in the Mediterranean.

Strong sales success has seen the luxury apartments of phase one sell out in ten months, which is testament to the project’s international appeal and indicates a rising demand for prime real estate in Cyprus. The sales triumph continues with the Signature Collection’s apartments selling faster than expected.

Price euro 5,550,000 + VAT