Properties for sale in Limassol

Limassol
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Limassol city is the second largest metropolitan area in Cyprus. It is located on the southern coast of Cyprus, bordering the Mediterranean sea. Voted by TripAdvisor to be the third traveler’s choice destination on the rise, Limassol has a great deal to offer including subtropical temperatures, vibrant beaches, wine, history, and ports for docking yachts. Limassol holidays are popular among tourists looking for sun, sand, and luxury. But visitors aren’t the only people flocking to the city of Limassol. An upsurge of foreign investors has led to more and more people making long term moves to this area. Real estate in Limassol is a hot commodity.

Limassol is an excellent city for buying property

Limassol has been marked as an up and coming location. The tourist industry is steadily growing, and the Limassol Port and Limassol Marina drive business in the region. The liveliness and growth of the city have attracted foreign investors recently. Individuals from all over the globe show interest in this growing seaside city.

The luxury property for sale in Limassol is largely concentrated on the southern, seaside border. For example, the Limassol Marina offers villas exclusively to those who use the Marina services.

The exclusive, upscale nature of the villas and townhouses attached to the marina also drives up the property value of other apartments nearby. Real estate brokers facilitate the exchange for those who want to buy an apartment in Limassol or a villa in Limassol.

Apartments for sale In Limassol

If you are interested in buying a property in Limassol, don’t limit yourself to houses. There are new luxury apartments for sale in Limassol that have just as much, or even more, to offer than a house or villa does. Luxury apartments for sale in Limassol often come with high-rise views of the seaside, city, and mountains, floor heating, parking, and other lavish amenities that a house may not offer.

The flats for sale in Limassol Cyprus also present investors with an exciting opportunity to capitalize on the booming tourist industry. Flat owners may be able to lease out the property and collect rent on a weekly or monthly basis from customers who are on holiday. This might be an excellent way for a buyer with enough for a down payment to start earning passive income.

K25 – residential complex in the center of Limassol

City center, Limassol, Cyprus

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This residence is located in the heart of Limassol, very close to the university campus and a short walk to Limassol’s business and shopping district, the seafront and the new marina complex. There are single-bedroom apartments and two, two-bedroom top floor penthouse apartments. The apartments are spacious due to their design. The top floor penthouse apartments have views across the rooftops towards the sea and city. Each apartment has a private balcony access by sliding full-height glass doors. Individual apartments have provisions for a video entryphone and alarm systems and the entire complex is secured by remote controlled security gates.

BedroomsTotal area, sq. mCovered veranda, sq. mPrice, EUR (+VAT)
1568195,000
16112195,000
215363550,000

K26 – residential complex in Gemasogeia, Limassol

Germasogeia district, Limassol, Cyprus

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This development of apartments is located in Germasogeia, a popular suburb of Limassol. It comprises two independent 4-story buildings with ample off-road parking and communal facilities that include a swimming pool play area, and landscaped grounds. Privacy and security features are integrated into the overall design concept.The complex is close to all essential amenities. The village of Germasogeia has a range of small shops and tavernas, and also a number of bank branch offices.

BedroomsTotal area, sq. m Covered veranda, sq. m Price, EUR (+VAT)
210821285,000
313424465,000
224835 600,000

G80 – apartments on a hill overlooking the sea

Ag. Athanasios, Limassol, Cyprus

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This residential complex is located on a hill in Ag. Athanasios district and overlooks the sea and the city. The residence comprises a range of two and three bedroom apartments spanning from 126 to 210 sq. m. Apartment owners will appreciate the pool and the large terrace which are available only to the residents.

BedroomsTotal area, sq. mPrice, EUR (+VAT)
2124375,000
3144500,000
3210715,000

K70 – residential complex 300 meters away from the sea

City center, Limassol, Cyprus

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This original residential development located in the center of Limassol comprises 65 apartments and 2 duplex penthouses with roof gardens. All apartments have extensive covered verandas and views of the sea. The building is set to be just 300 meters from the beach, coffee shops, and restaurants. It is also very close to designer shops and boutiques, banks, 5-star hotels and within an easy reach of schools and medical facilities. The residence additionally features the following services and facilities: concierge services, garage and visitor parking spaces, swimming pool for the residents, sundeck areas, pool bar, gym, gardens, kids playground, tennis court, spacious lobby with the sitting area.

BedroomTotal area, sq. mFloorPrice
1642479,115
21125960,018
3216212,570,057
449622 7,017,645

K45 - apartments in Limassol 400 meters away from the sea

City center, Limassol, Cyprus

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This 14-floor building consists of 38 2 and 3-bedroom apartments with spacious interiors and covered verandas so its residents can enjoy the cool sea breeze and year-round Mediterranean sunshine. The building has a lobby and lounge area, resort-style swimming pool and sundeck, fully equipped members-only gym and a safely gated playground for children. The complex is located within walking distance to all main amenities.

BedroomsTotal area, sq. mCovered veranda, sq. mPrice, EUR (+VAT)
216335660,000
3165351,100,000
4265872,360,000

J27 – apartments and townhouses in Limassol next to the sea

Potamos Germasogeias, Limassol, Cyprus

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This is a luxury residential complex in central Limassol, in a privileged and quiet neighborhood of the tourist area, approximately half a kilometer from the seafront. The building reaches up to 8 stories in height; The units wrap around a formal garden in the center and are set within generous landscaped grounds all around. The design is influenced by elements from both the natural and man-made world. Reminiscent of a superyacht, the superstructure of each block gently terraces down from its highest point with balconies on all sides. Wide horizontal bands form continuous balustrades that wrap around the blocks at each level, emphasizing the horizontal nature of the development which stretches to over 300 linear meters in length.

Bedrooms Total area, sq. mCovered veranda, sq. mPrice, EUR (+VAT)
211323802,000
3164371,074,000
4251631,619,000

H08 – elite apartment complex of in Limassol

Potamos Germasogeias, Limassol, Cyprus

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Unique residential high-rise complex of 23 floors with hotel facilities developed with the world’s latest architecture & planning trends in mind. Residents will enjoy unbelievable see panoramas and the exceptional atmosphere of comfort and relaxation in the elegant gated community with exceptional in-door amenities, such as concierge, SPA, common outdoor pool, heated indoor pool, gym, tennis court, green area, and underground parking. The complex blends ideally in the urban landscape of Limassol’ sought after tourist area thanks to the well-balanced mix of sophistication, comfort and landmark design by a leading London architecture studio. Limassol’s best sandy beaches, shops, restaurants and other holiday pleasures are in a stone’s throw.

The development comprises one-, two-,­ three-, and four-bedroom luxurious apartments, penthouses, and duplexes (sky houses) with private pools on the roof. Each unit has 3.15 meters height ceilings and top quality finishings to astound the most demanding buyer. Most of the apartments offer breathtaking views of the Mediterranean Sea, Limassol city, and its picturesque hilly suburbs.

Bedrooms Total area, sq. mCovered veranda, sq. mPrice, EUR (+VAT)
211725891,000
2114221,633,000
4243453,500,000

J86 – a futuristic residence next to Limassol Marina

City center, Limassol, Cyprus

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This modern building is in a short walk away from the newly revived Old Port and Limassol Marina and is a perfect synchronicity of “old meets new” with the breath-taking sea views on one side and the charming, bohemian streets of the Old town on the other side. This complex offers high-class residential properties, exclusive commercial units, entertainment and cultural facilities. The public and the residents will be able to enjoy the restaurants and a cafe on the ground floor, a private art gallery which will display works of the local and international artists, 300 person capacity venue centre which can be used for weddings, conferences and special social occasions, an exclusive sky bar and restaurant with panoramic views, a communal swimming pool, mini spa and gym (only for the use of the residents).

The building will also have a 24-hour concierge (for the residential and commercial units). Another unique feature of the edifice is its beautifully lit bridge that connects the beachfront promenade to St Andrews Street. This bridge will provide residents and visitors with a convenient and picturesque journey through all areas of the building.

BedroomsTotal area, sq. mCovered veranda, sq. mPrice, EUR (+VAT)
1125241,510,000
2182462,380,000
3307704,140,000

H96 – apartments and penthouses in luxury seaside residential complex

City center, Limassol, Cyprus

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Surrounded by water, this residential complex offers a choice of two, three, four-bedroom apartments and duplexes with uninterrupted views of the sea, the Marina and the coastal city of Limassol. Set on a private island, accessed by a bridge, just steps away from the beach, in close proximity to the development’s luxury dining, shopping and leisure facilities.

BedroomsTotal area, sq. mPrice, EUR (+VAT)
32072,400,000
43014,550,000
43616,300,000

EU citizenship / permanent residence

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Getting Cypriot citizenship is desirable because with it comes EU permanent residence status. If you’re interested in getting an EU citizenship, Cyprus is one of the best places to do so. Getting a Cyprus residence permit for non-EU migrants is just as easy as it is for those who are from the EU. You’ll still need to fulfill the investment requirement and the residency proof, but there are no significant differences with the citizenship process for EU citizens. For those who already have an EU citizenship, the borders are open, just like everywhere else in the European Union. You won’t even need to get proof of residency before you can start the investment and citizenship process.

The total amount of time to citizenship is very similar for EU citizens and non-EU citizens. Non-EU citizens may have to wait a few weeks longer to secure their proof of residency documentation but preparing yourself for the process by hiring a good immigration lawyer will minimize this time substantially.

Permanent residence program by property purchase

Getting a Cyprus residence permit is a necessary precondition before you can get full citizenship in Cyprus. The most common path is Cyprus residency by buying property.
There’s no requirement to reside in Cyprus, but you do need to be willing to purchase property with a minimum value of 500,000 euros and retain it for the duration of your citizenship.

There is some talk in Cyprus that this requirement will waive. In the meantime, you should expect to purchase a home in Cyprus in addition to the remainder of the 2 million euros necessary for an investment-driven citizenship process.

If you can afford a home in Cyprus but not the shortcut to reach the investment-driven citizenship in three years, you can still live in Cyprus for ten years and achieve citizenship. The difference is that your spouse and children will not necessarily be granted citizenship unless they too have been living in Cyprus for ten years.

There are a few other important points about the permanent residence program by property purchase. There’s no language or history test requirement to get citizenship or permanent residence status in Cyprus.

Because there are no language or citizenship testing requirements, it’s extremely easy to get permanent residency or citizenship in Cyprus from afar, provided that you have enough wealth to do so. In fact, some wealthy individuals can secure Cypriot residence without having ever set foot in the country.

Limassol district

The Republic of Cyprus is divided into six districts. Limassol District, also known as the eponymous district, has emerged as a business hub in recent years. The district contains the most significant port in Cyprus. It also has several prominent marinas that attract high net-worth tourists looking for a place for ocean-faring yachts. The Limassol area is one of Cyprus’ five leading tourist destinations.

The district has a population of approximately 235,000 inhabitants, many of whom live in urban sections of the region. Limassol city is the most significant city in the district. There is a great deal of interest in the property for sale in Limassol area, because of the cities emergence as a business hub and tourist hot-spot.

If you are looking for houses for sale Limassol area, be sure to decide whether you want to be in the rural countryside or the bustling city. Do you want to be situated near a port or marina? Or would you rather be in the heart of the city, near the historic Limassol Castle? As you narrow your search, you will have more luck finding just the right property for your needs.

Limassol is a city for living and recreation

There is a reason that so many tourists flock to Limassol. The aspects of the city that attract tourists, such as the rich history, beautiful beaches, warm climate, and welcoming atmosphere also make Limassol a great city to live in. Residents enjoy a bustling business district due to the ports and marinas along the beaches, and for work and beautiful weather for outdoor recreation.

The thriving business culture of Limassol is primarily due to the Limassol Port, which is the busiest ports in Cyprus.

This port serves as an important port on trade routes through the Mediterranean sea. Cyprus is a critical player in the world’s shipping industry. For economic reasons, many shipping management companies have made Limassol their home-base.

The people who live in Limassol for business purposes also find excellent resources for outdoor recreation. The many beaches of Limassol are perfect for swimming, scuba diving, or running along the beach. The warm weather is ideal for outdoor recreation, because winter months are mild, and summer months are warm to hot.

While the economy took a downturn in 2013 and struggled for several years, it is now on the rise. 2016 and 2017 each saw more building permits issued than the year before, and international investments are on the rise. Since 2016, real estate for sale in Limassol has attracted foreign buyers and locals alike.

The properties for sale in Limassol attract people who want to live in a tropical climate for recreation purposes or work. Over the last two years, the economy has been on the rebound, tourism has increased, and building permits are on the rise. Now is the time to buy property in Limassol.

Resorts in Limassol

Beaches in Limassol
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Since the city of Limassol is bordered on the south side by the Mediterranean sea, it has many beach-front resorts. Tourists that visit Limassol often want to stay right on the waterfront, so that they can leave the hotel room and walk straight to the sandy shores and clear water. There are over twenty hotels with beachfront property in Limassol, each with varying prices and amenities. Some of the Limassol beach hotels are resort-style and feature world-class luxury services, all-inclusive packages, and expensive accommodations.

The GrandResort Hotel, for example, is a posh resort-style hotel with pools, spa, restaurants, and 24/7 room service. This resort is only a short distance from the St. Raphael Marina, which is equipped to handle ocean-going yachts. There are also many more resorts in Limassol Cyprus with equivalent services.

Not all Limassol beach hotels are designed for upmarket customers. Some hotels are on the simpler side of things and can be booked for an affordable nightly price. Poseidonia Beach Hotel, for example, can be reserved for just 58 British Pounds per night. Though you may not find convenient parking for a yacht, you can experience friendly service, clean and comfortable rooms, and best of all: access to the beach.

Education

The public education system in Cyprus is designed by the Ministry of Education and Culture. It is designed to educate young individuals so that they become upstanding democratic citizens, capable of contributing the society in a positive and meaningful way.

The Ministry accepts direction from the Education Council, which is a committee of members from Parents Associations, Teachers Associations, the Church, and the community. The public schools of Limassol are funded by the government of the Republic of Cyprus.

There are also private schools in Limassol, which are funded by individuals and private organisations rather than the government. These institutions are not designed by the Ministry of Education and Culture, so do not have a unifying curriculum. Instead, you will find a diverse range of directions of study.

For example, some private schools are designed with a foreign country’s culture and language at the forefront. Examples include the L.I.T.C. Russian-English Private School, and the American Academy.

For summer school Limassol has many options. You can find public school programs and private school programs, as well as camps where children can gather and learn from councillors.

Once a student completes his or her primary and secondary education, they may opt to move on to University. There are several options for higher learning within Limassol. The student will decide on a path that he or she wishes to pursue and then apply to an institute of higher education.

For example, if the student is interested in medicine, he may decide to apply to the University of Cyprus, for the biology programme. Once graduating the undergraduate program, the student can decide if he wants to go on to a postgraduate programme.

Cyprus University of Technology

Cyprus University of Technology
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Limassol has many venues for higher learning. One option is the Cyprus University of Technology (CUT), sometimes referred to as “Limassol University of Technology”. It was founded in 2004 and has its home base in Limassol. This institution offers undergraduate and postgraduate programmes in areas having to do with science and technology. The programmes are divided into six distinct fields, or “faculties”. These include the Faculty of Geotechnical Sciences and Environmental Management, the Faculty of Engineering and Technology, and Faculty of Communication and Media Studies. Each faculty is designed to fill a gap that wasn’t otherwise being addressed by Limassol University programmes.

Transport System

The Limassol public transport systems include roadways, buses, ports, marinas, and convenient access to two international airports. Cyprus stopped using railway systems in 1952. Since the dismantling of the railway, the roadways in Limassol have been optimised.

Likewise, the bus system has evolved. In 2006, a significant upgrade to Limassol busses was proposed. City officials implemented the plan in 2010, and now an extensive and well-maintained network of buses connects all areas of the city.

Limassol residents and visitors have easy access to two of Cyprus’ international airports. The airports located on opposite sides of the island. The Paphos International Airport is on the east side of Cyprus, and the Larnaca International Airport is on the west. Limassol Airport Express is a fast way for the public to get to either airport.

The port of Limassol

As we have mentioned, the Limassol Port is the business port in Cyprus. This fact is hugely vital to the industry in the city of Limassol, where many people have jobs related to the port. The port attracts workers from all facets of the shipping industry, and these positions have a ripple effect on the city.

The Limassol Port was opened in 1974. Before that time, the main shipping transit centre in Limassol was what is now known as “the Old Port Limassol”. The Old Port was constructed in 1956 and served the city until the new port was opened in 1974. Once it was no longer needed for shipping services, the old port became a coast guard shelter and fishing boat docking centre.

More recently, the city has invested money into the area around the Old Port and opened the Limassol Marina directly adjacent to it. This turned the area into a great spot for leisure and tourist activities. Visitors can access Cruises from Limassol in the old port area.

Limassol Marina

Limassol Marina
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Initially, the idea for the Limassol Marina stemmed from the desire to spruce up the area around the Old Port. This historic district needed some revamping, and the investment money that was put into the project led to what is now the Limassol Marina. The Marina officially opened in 2010, and drastically changed the feel of the Old Port area. Suddenly, large, upscale yachts were docking in the marina and tourists were pouring money into the restaurants and shops in the vicinity.

The opening of the marina affected properties in the area. There are now Limassol Marina villas for sale, and other Limassol marina properties for sale which never would have been on the market had the renovation of the old port area never commenced.

Here are some of the significant impacts that the marina has had on surrounding area:

  • Increased number of upscale rentals
  • Raised value of surrounding properties
  • Attracted investment into Limassol Marina restaurants/Limassol marina shops
  • Resorts opened in the vicinity to provide boaters with places to stay
  • Job opportunities related to the marina clientele

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