HomeNews MenuLatest News & UpdatesCyprus' most expensive residence is up for sale

Cyprus’ most expensive residence is up for sale

THE MOST expensive house in Cyprus, the Santa Barbara Residence, which is said to be the ultimate in luxury, style and comfort, is on the market with a record-breaking asking price.

Built on a 2,025m2 plot and with a total area of 3,264m2, this unique beachfront residence in the Amathus area of Limassol, has seven bedrooms plus accommodation for up to nine members of staff. The property is built on five levels:

Level 1 – Staff quarters

Level 2 – Indoor swimming pool, hydro massage, aquarium, bar, changing rooms, solarium, steam room, Finnish sauna room, snow cabin, mud bath room, massage beauty room, gym, winter garden, utility rooms, wine cellar, food storage, freezers, staff service kitchen, plant and machinery rooms.

Level 3 – Three double bedrooms with private en-suite, home cinema/ dancing area, aquarium, winter garden, interior reception, billiard room, exterior reception room, guest wardrobes, service elevator and home security room.

Level 4 – Reception area, kitchen area, dining room with seating for 20 people, sitting room with a fireplace, library and a private study room.

Level 5 – Spacious 200m² master bedroom featuring a 180 degree panoramic sea view; including futuristic wardrobes, plasma TV, projector, outside hot tub, en suite bathroom, fireplace, private office, kitchenette, cloak room, and 3 private verandas.

Outside there is a triple garage and an outdoor swimming pool with bar.

And in case you are wondering, the property does have Title Deeds.

[youtube=http://www.youtube.com/watch?v=T5VsurE171A&rel=0&showsearch=1&w=470]

RELATED ARTICLES

2 COMMENTS

  1. My ex-lawyer might be interested in buying ? He got the money with all the clients he scammed.

Comments are closed.

Essential Due Diligence

While buying property in Cyprus holds many opportunities, it also comes with risks. Carrying out due diligence before signing a sale agreement is essential to safeguard your investment, avoid legal complications, and ensure peace of mind.

Top Stories

Property Transfer Fees

Transfer fees are charged by the Department of Lands and Surveys (DLS) when the full legal ownership of a property is transferred to the purchaser. (In some cases this process can take many years, causing angst & frustration for buyers.)

EUR - Euro Member Countries
GBP
1.1676
RUB
0.0103
CNY
0.1292
CHF
1.0580

Capital Gains Tax

Capital Gains Tax (CGT) is generally 20% on the taxable gain from selling immovable property - and it can also apply to certain disposals of shares in companies holding real estate on the island, subject to applicable exemptions and deductions.

Elsewhere in Cyprus Property News