Is it worth buying real estate in Limassol?
There are several reasons why Limassol has become a sought-after destination for property investment. Firstly, the city boasts a strong economy, with a thriving business sector and a favourable tax regime. This has attracted numerous international companies and high-net-worth individuals, creating a demand for premium residential and commercial properties.

According to the Statistical Service of the Republic of Cyprus, the profitability of Real Estate in Cyprus is among the highest and most stable ones in Europe, scoring an average of 2%-4%. increase every year.

Secondly, Limassol offers an excellent quality of life. The city is known for its pleasant climate, beautiful beaches, and vibrant nightlife. It also boasts a range of amenities, including international schools, healthcare facilities, and recreational options. These factors make Limassol an attractive place for both residents and tourists, ensuring a steady demand for rental properties.

Finally, owners of luxury properties in Cyprus can obtain permanent residence permits for their whole family, giving them access to live, work, or study throughout the European Union. Property values consistently rise year after year, making real estate a reliable asset. Owners can generate sizable rental income by leasing out their properties to tourists, with yields reaching 10% annually.

They also have the opportunity to obtain full Cypriot and EU citizenship after residing in Cyprus for 5 years. With the stability of the euro currency and a prosperous business environment, investors can even utilize their luxury homes as a base for operating Cyprus-based companies. Given these advantages, luxury properties in Cyprus offer investors far more than a vacation home – they provide a stepping stone to Cypriot and European life.