CYPRUS CITIZENSHIP BY INVESTMENT PROPERTY PACKAGE., Limassol, Cyprus

Limassol, Cyprus

Property ID: 29541409

Summary Data

Price £1,750,760
Price Type For Sale
Bedrooms Studio
Bathrooms 10 - Bath
Plot Size
Building Size
Sector Residential
Type Houses
Subtype
Tenure
Completion
Parking

Location Map

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

No investment data available