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Bezino Trading LtdThe Global Properties website offers to discover over 3052 properties for sale in Limassol from well-known developers and real estate agencies. Use convenient filters by price, number of bedrooms, area, location and proximity to the sea. Fill out the contact form so that the specialist will get in touch with you and suggest various options that will meet your preferences and goals.
Property prices in Limassol depend on the year of construction, the condition of the residential unit, the area and location. The lowest cost of property in Limassol is €420000. The price of the most expensive residence reaches €22.42 million.
The area of properties in Limassol, Cyprus, is diverse: the minimum living size is 78 m², and the largest area is 4,100 m².
To issue a long-term visa through investments, a foreign investor needs to purchase a primary property in Cyprus with a minimum cost of €300,000 + VAT. A residence permit can also be granted to members of the buyer’s family.
Flats, villas and penthouses are in great demand. Residential complexes with property for sale in Limassol are equipped with shared gyms, pools, play areas and parking lots. Some houses have private gardens, terraces and swimming pools.
The city is among the most attractive locations to have rest. Investors buy property in Limassol for the following reasons:
- A stable economy;
- A large selection of real estate for sale in Limassol in the primary and secondary markets;
- The opportunity to return money for the property in Limassol by renting it out;
- A long holiday season;
- Beautiful views and beaches with azure water.
Yes, it is. The city is popular with tourists and people choosing the island to move to permanent residence, which create the demand for real estate in Limassol. The country's average return on investment ranges from 6 to 8.5% and is influenced by the residential unit’s location near the sea, its area and its condition. The starting monthly price is €1,300, which is one of the highest rental prices in Cyprus.
Property in Limassol
The resort is located on the southern coast of Cyprus and considered one of the most attractive regions to buy a overseas property, as this place offers the perfect combination of modern urban life and rich history. Luxury apartments, houses and penthouses are for sale here.
Villas in Limassol are available in Mediterranean or modern style. They have their own pools, spacious gardens and terraces, along with top-notch finishes. Some apartments are custom-built, and their windows offer stunning views of the sea or mountains. Buyers can also consider homes on the secondary real estate market.
The flats have interior decoration, while some properties have balconies, furniture, household appliances, including air conditioners. They are located in residential complexes with access to communal pools, fitness centres, playgrounds, spas and guarded parking lots. Many buildings are within walking distance of beaches, shops, restaurants and entertainment venues making them an ideal choice for an active urban lifestyle.
Exclusive penthouses are located on the upper floors of the complexes, so they offer gorgeous views of the sea and the city. These spacious properties have high ceilings, panoramic windows, large terraces or balconies, and staff rooms. Penthouses can be equipped with private pools or outdoor Jacuzzis.
You can purchase a home not only in ready-made buildings, but also in new off-plan projects. These are villages with villas Cresta Gardens, Lake Valley, Nashville and Level Residences, as well as apartment complexes Trilogy Limassol Seafront, Walton Tower, Luma Residences and Ariadne.
The cost of buying real estate in Limassol depends on the location: the average price per 1 m² in the downtown is €4,500, and outside this territory — €3,300. If you want to acquire a premium home, the most expensive areas are Germasogeia, Mouttagiaka, Pyrgos, Agios Athanasios and Agios Tychonas. If you are interested in affordable housing, you can consider Omonia, Zakaki, Ipsonas, Agios Ioannis and Kato Polemidia.
Reasons for investing in property in Limassol
Investing in property in Limassol is a profitable solution for investors due to the country’s stable economic growth, a flexible tax system and the opportunity to obtain a residence permit. Foreign buyers made 44.3% of transactions in 2023, which confirms the fact that this place appeals to citizens from other countries. The Republic is famous for its mild climate, high quality of life and security, which makes this region in demand among investors and those who consider this place for permanent residence or seasonal recreation.
The city became the most popular place to buy a home in 2023, as it accounted for 35% of all transactions in the country and 41% of the total sales value. Premium properties remain in high demand. So, 44% of all transactions with apartments in Limassol and 52% with houses were made in the amount of €200,000 to €500,000 in H1 2023.
The region is known for educational institutions, developed infrastructure, fine restaurants, cosy cafes, picturesque beaches and promenades. The real estate market offers an excellent choice of prestigious properties with the potential to increase the cost and rental income, especially in tourist hot spots.
As the city is one of the most popular locations in Cyprus, it appeals to tourists who want to enjoy a luxurious holiday by the sea. Digital nomads, startup founders, employees of local companies and students looking for long-term housing prefer this place to move.
Investors will be able to resell their investment real estate in Limassol as its value increases if their rental plans change. Prices can also rise by 10–30% when buying an off-plan house or apartment. It is especially advantageous to conclude a deal at the initial stages, when developers offer the lowest prices.
Buying real estate in Limassol
The Global Properties aggregator collects current offers from trusted developers and leading real estate companies at attractive prices. Using the built-in converter, you can easily change the value of properties in euros, dollars and other currencies. The catalogue contains a great variety of properties in Limassol for investment and personal residence. Fill out the form on the website to receive professional assistance from a broker in choosing the ideal overseas property that suits your financial capabilities and preferences.