Papouri Court, Office 201

8201 Yeroskipou, Paphos

3 Nikola Nikolaide Ave., Office 102

Savva Plaza, 8010 Paphos

Studio Apartment – Arakapas Area, Limassol

€50,000

Description

This cosy studio apartment is located in Arakapas, Limassol.

Located in the province of Limassol, the picturesque village of Arakapas offers the tranquility one would expect from village life while not being too far away from the larger and livelier cities in Cyprus. By car, Arakapas is 30 minutes away from Limassol, 40 minutes from Larnaca, 50 minutes from Nicosia and 40 minutes from Troodos. Positioned at an altitude of 600m above sea level, the beautiful village is surrounded by mountains and sits in the valleys between two river deltas. With breathtaking green landscapes, Arakapas is well suited to nature lovers and those that enjoy an outdoor lifestyle. 

Limassol itself is a major city in the South of Cyprus and is known as the financial, economical and cultural centre of the country. 

Situated at the entrance to the village, this mixed residential development comprises 14 apartments combining studios with 1 and 2 bedroom dwellings. Ideally suited to both permanent residents and holiday makers, the project features an interesting design that incorporates natural stone, wood and tiles. 

This cosy first floor apartment is sold fully furnished including lighting and curtains, is fully equipped with electrical appliances, and has air conditioning. There is a double bed, a table suitable for dining, and a bathroom with bath and shower facilities. Furthermore, patio doors next to the bed lead out to a small private veranda with table and chairs.  

For those seeking permanent residency, a governmental grant of up to €55,000 applies. The properties are also loan and mortgage exempt. 

An excellent investment opportunity in a beautiful rural setting. 

Distances:

  • 35 minutes’ drive from Limassol
  • 45 minutes’ drive from Larnaca
  • 55 minutes’ drive from Troodos

Additional Details

  • Covered Veranda:
    3 sqm

Location

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