Luxury apartments in exclusive complex, with panoramic sea view-Limassol
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Luxury apartments in exclusive complex, with panoramic sea view-Limassol

Cyprus, Limassol, Mouttagiaka
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€702 500
Purpose
Sell
City
Limassol
District
Mouttagiaka
Object type
Under construction
Area
112 m2
Bedrooms
1
WCs
1
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Features
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Living area
112 m2
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Bedrooms
1
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Object type
Under construction
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Property type
Residential properties
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Title Deed
no
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Status
not ready to move in
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View
Panoramic sea view
The complex, ideally located just steps from the beautiful azure coastline of Limassol, take island-living to a whole new level. Surrounded by five-star luxury hotels, designer boutiques, first-rate restaurants and cafés, and a world-class superyacht marina just a stone’s throw away, residents can take advantage of all that Limassol has to offer. From the sandy, Blue Flag beaches to the bustling city life for which Limassol is famous, there is no better place to truly realize your Mediterranean dream. Sea views as far as the eye can see. Each exquisitely designed and expertly crafted is perfectly positioned to allow uninterrupted sea views. Featuring one, two, three and four-bedroom apartments, as well as duplexes, penthouses and the unique Sky Garden apartments, the complex combine premium aesthetics with elevated comfort and high functionality. Large, floor to ceiling windows allow an abundance of natural light to stream in, with the sapphire blue waters acting as a picture-perfect backdrop against the warm beige hues, wooden floors and stone elements of the interiors. A harmonious mix of contemporary and comfortableResidences are constructed with generous proportions, using top quality building materials and finished to the highest of standards, boasting top-of-the-line appliances and technologies. They feature comfortable, open plan living areas that extend onto large, ample balconies with glass railings that serve up beautiful views and a refreshing sea breeze. Stylish, designer bedrooms provide a tranquil haven, thoughtfully decorated with a warm, cozy approach. Kitchens are bright and spacious, offering a well-equipped workspace that is sure to inspire even the most novice chef. Each residence also offers a private underground parking area, as well as secure in-house vault with a safety deposit box, for ultimate safety and peace of mind. Everything you need right at your fingertips The warmth of home and the comforts of a world class hotel are what make this complex a true dream come true.Residents have access to a lobby area, 24-hour concierge and security service, and exclusive resident-only areas and facilities. These include a VIP restaurant, residents’ lounge, business centre, exhibition room, and nursery. Additionally, residents can enjoy such hotel-grade amenities as an indoor and outdoor swimming pool and pool area, playground, sky terrace and roof gardens, and a landscaped garden area with a water fountain and lagoon. The welcoming ambience of the complex offer a calm setting where residents can enjoy all amenities and services ones would expect from a hotel stay, yet feel at home in comfort. There’s no need for expensive gym memberships or trips to the spa when you have the luxury of a wellbeing and fitness centre right at your feet. The Dream Tower Residences boast a range of facilities for recharging and revitalizing. For ultimate comfort and pampering, residents can visit the spa, massage room, sauna, Hammam or Jacuzzis, while fitness fiends will enjoy the gym and pilates room, as well as the tennis courts, all available exclusively to residents.
1- 2-3 & 4 bedroom luxury apartments
Duplexes
Penthouses
Sky Garden apartments
Spectacular unobstructed sea views from private verandas
Ultra-modern in design and specification
Highest quality materials & finishes
Designer interiors
Latest technology & appliances
Private underground parking
Reception / lobby
Exclusive resident-only areas and facilities
24-hour concierge and security
Secure in-house vault with Safe Deposit Box for each residence
Hotel-style services and facilities. Prices from 702 500 Euro + VAT

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Frequently Asked Questions

Is it possible to get a residence permit in Cyprus now?

Yes - as at mid-2023, both a residence permit and a permanent residence permit are issued by the Cypriot authorities. Moreover, there are no prohibitions based on nationality and, for example, citizens of the Russian Federation also successfully become residents of the country. There are more than ten ways to get a residence permit. This is , for example, a student visa, a residence permit for financially independent persons, digital nomads, a residence permit based on employment, an investment Fast Track ... Of course, since the pandemic, many coordination procedures have taken longer than usual, but the country's authorities have not imposed any restrictions. But there are many nuances in the process, so each case requires individual consideration.

Is it possible to open a bank account in Cyprus now?

Foreign citizens can still open a Cypriot bank account. Only citizens of the Russian Federation and Belarus have difficulties. Most likely if you just come from the street in 2023, they will not open an account for you. And it is important that the “source of funds” is not associated with sanctioned activities. In practice, the list of incomes considered "sanctioned" has recently been expanding. An exception, for example, is the income received from the rental of real estate. By the way, it is not necessary to have your own bank account to buy a property if you are in Cyprus. But having already purchased it, and furthermore, having received permanent residence, both Russians and Belarusians can open an account. However, one must be prepared for the fact that checks (including the origin of funds) by banks have become tougher, although not particularly lengthened - the process takes, as before, about 2 weeks.

What the purchase procedure in Cyprus looks like

The main steps are as follows: verification of the buyer - including a banking verification. This is the most important, now necessary step, allowing to assess whether you can actually make a deal selection of a property (on-site or remote) and simultaneous submission of documents to the bank prepaid reservation conclusion of an agreement (with a description of the terms of payment) payment for the property registration of property rights, receipt of supporting documents. Depending on the details of a specific transaction, additional checks and preparation of documents are possible at different steps of the procedure.

Why is it profitable to buy real estate through an agency and not on your own?

Just note that it makes sense to contact (and communicate) with a reliable and professional company - with a history and positive reviews. Firstly, you involve specialists who understand the market, prices, offers, and the transaction procedure as assistants. They will help solve problems in an unfamiliar country with its own specifics. Second, you can find a company that speaks your language. You will be helped to organize viewings, collect documents, agree on deadlines and arrange necessary meetings and procedures. Thirdly, in many cases you can expect the price to come even down for a particular object - serious agencies usually have "special conditions" when dealing with developers. You should not hope for huge discounts, but you definitely won’t overpay. Finally, a good agency will help you resolve issues that are not directly related to the purchase. Teaching children, settling in a new place, searching for a master or a specialist of any profile - the needs can be very different.

What advantages does tax residency in Cyprus offer?

Cyprus is not an offshore jurisdiction, but it offers favorable tax conditions for those who become tax residents of the country. You can become a tax resident by residing in Cyprus for more than 183 days a year or if you: - Reside in Cyprus for at least 60 days in a tax year. - Do not live in another country for more than 183 days during the tax year. - Are not a tax resident of another country. - Have property in Cyprus, either owned or rented. In this case, you may qualify for Non-Domicile tax residency, where you are exempt from paying the Special Defense Contribution (SDC). The following are not subject to taxation: - Dividend income. - Interest income from deposits. - Rental income from real estate (except for income tax). You also do not pay tax on income outside of Cyprus, securities sales tax, inheritance taxes, gifts, and luxury taxes. These are just some of the advantages. For more detailed information, we recommend contacting us directly.

Is it possible to buy property in Cyprus remotely?

Yes, such transactions are practiced, especially when purchasing property at an early stage of construction or even before it begins when there is no opportunity to see the finished property. For example, our company facilitates the process by conducting online tours, showcasing potential options and areas, as well as addressing any questions and concerns that arise. The key aspect of this scheme is to find a trusted individual or company that will represent your interests, and then prepare, sign, and apostille a notarized power of attorney in their name.

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