Apartments and flats for sale in Limassol

Apartments for sale in Limassol

The decision to buy flats in Limassol presents excellent investment prospects. The city boasts a vibrant cultural scene, rich historical sites and of course, its convenient beaches.

Historically, Limassol is renowned for its medieval castles and archaeological treasures, as well as its wine-making traditions. The city hosts an annual wine festival, drawing tourists from all over the world.

Today, the location is also gaining popularity as a centre of business and culture. It boasts numerous business offices, shopping areas and restaurants serving both traditional Cypriot cuisine and international specialities.

The resort comprises different neighbourhoods, each with unique features and advantages:

• Centre: Serving as the historic and commercial heart of the city, it hosts numerous stores, restaurants, cafés and offices. Additionally, major cultural attractions such as the medieval castle and museums are situated here;
• Potamos Germasogeia: A popular area by the sea that attracts tourists with its beaches, promenade and various entertainment. Numerous hotels, restaurants and nightclubs can be found here;
• Mesa Geitonia and Agios Athanasios: These neighbourhoods are favoured by locals and represent the quieter parts of the town. They offer a mix of traditional houses and modern apartments;
• Mouttagiaka and Agios Tychonas: Situated east of the city centre, these areas are renowned for their luxury apartment complexes and magnificent sea views. They are particularly popular among wealthy buyers and investors;
• Zakaki and Limassol Marina: Zakaki is an industrial area experiencing rapid development, featuring a major new shopping centre and casino. Limassol Marina, on the other hand, is an exclusive area boasting a yacht club, upscale apartments and stores;
• Yermasoyia: Nestled in the eastern part of the city, this neighbourhood blends tourist attractions with serene residential areas. It’s sought after for its waterfront and proximity to natural attractions.

Foreigners planning to purchase apartments in Limassol for investment or residence can opt for modern residential properties with high-quality finishes. A diverse range of housing options is available for purchase, ranging from studios to two or three-bedroom apartments and even penthouses with four or five rooms.

Many residences boast spacious balconies or terraces offering breathtaking views of the Mediterranean Sea. Apartments also include bright living rooms, equipped kitchens and stylish bathrooms. To ensure maximum comfort, the following amenities are available to residents of the local residential complexes:

• Air conditioning;
• Shared or private swimming pools;
• Underground or surface parking;
• State-of-the-art security systems, including video surveillance and secured access;
• Fitness centres and gyms with state-of-the-art equipment;
• Concierge and property management services;
• High-speed internet;
• Storage space.

It’s important to note that the availability of certain amenities directly influences the cost of apartments in Limassol.

Reasons for investing in an apartment in Limassol

Purchasing residential units can be a lucrative investment, considering the rising demand for housing and the increasing value of apartments and flats in Limassol. In 2023, 34% of foreign transactions occurred in this city. Furthermore, the location continues to dominate the market, representing 41% of the total value of transactions recorded during the year.

Investors should prioritise purchasing property in areas with high potential for return on investment. Owners of rental housing can anticipate a stable income of 10.75% per annum, as prices of flats for sale in Limassol, Cyprus are continually on the rise.

The Republic offers a high level of legal protection of property rights, a crucial factor for investors. Buying real estate is accompanied by transparent legal procedures and poses no significant challenges.

Investing in property in Cyprus offers investors the opportunity to receive rental income, benefit from capital appreciation due to the increasing value of the property and enjoy tax benefits.

Buying apartments in Limassol

The website Global Properties provides a diverse range of property in Limassol, offering both affordable options and exclusive designer residences. The platform offers convenient search tools, allowing buyers to quickly find an apartment in Limassol, Cyprus that meets their specific requirements. You can sort offers by price, area, number of bedrooms, number of floors and other parameters.

Moreover, our service updates the catalogue daily, ensuring that buyers are always informed about the most relevant and attractive offers on the market. If you need additional assistance in selecting an apartment or villa in Limassol, you can always contact our service operator for professional support.