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Bezino Trading LtdThe Global Properties website is a convenient service with over 852 offers for foreigners who want to choose and buy a villa in Limassol. The catalogue contains ads of villas and houses in Limassol from trusted developers and real estate agencies.
The user-friendly search system enables you to pick up various housing options by price, size, number of bedrooms and many other criteria. The ad contains the technical specifications of the house in Limassol, its photos and description. The buyer can compare several properties with each other to choose the most advantageous offer.
You can get in touch with the seller via the feedback form on the website. The buyer can also come to Cyprus to view the house for sale in Limassol and make a final decision on the transaction. Then you sign a sales agreement, pay for the overseas property you are interested in and register real estate ownership rights.
- The starting house price in Limassol is €550000.
- The highest cost of villas in Limassol reaches €16 million.
Global Properties offers up-to-date prices of houses for sale in Limassol, Cyprus:
| Number of bedrooms | The lowest price (€) | The highest price (€) |
| 2-bedroom | 80,000 | 5.64 million |
| 3-bedroom | 180,000 | 9.8 million |
| 4-bedroom | 215,000 | 15 million |
| 5-bedroom | 370,000 | 15 million |
| 6-bedroom | 400,000 | 15 million |
| 7- to 9-bedroom | 700,000 | 16 million |
The resort town has both small houses and huge premium mansions.
- The minimum size of villas for sale in Limassol is 1 m2.
- The maximum area reaches 1,890 m2.
Investing in a property in Cyprus is one of the ways to obtain a residence permit. The main condition is that the value of a villa for sale in Limassol must be at least €300,000. This amount may vary depending on legislative changes, so it is important to clarify this information on official resources or from legal consultants before buying.
In addition to the sales agreement, the following documents and certificates will be necessary to issue a residence permit:
- The copies of passports of all family members getting a residence permit.
- A marriage certificate and birth certificates of children (if necessary).
- A proof of stable annual income from a foreign source totalling €50,000. If the applicant's relatives request a residence permit simultaneously, the amount is increased by €15,000 for the spouse and €10,000 for each child.
- Medical insurance valid in Cyprus for the applicant and all family members.
- A certificate of no criminal record from the country of permanent residence.
The application process may take several months. A residence permit obtained through real estate investments does not give the right to get a job officially in Cyprus, but does not prohibit owning a business on the island.
Villas for sale in Limassol
Limassol is a true gem of the Mediterranean region with picturesque promenades, well-maintained beaches, famous cultural, historical monuments and excellent modern infrastructure. Buying a villa in Limassol is a great solution for both permanent residence and investments.
The market offers a huge range of properties, from classic Mediterranean-style villas in Limassol for investment to modern minimalist Bauhaus-style houses. Buyers can choose either a fully finished house or an off-plan villa. Each housing option has its advantages.
You can familiarize yourself with the finished properties before buying and evaluate all their pros and cons. Most of them on the secondary real estate market are ready to be moved in, and this is convenient for those who do not want to wait until the house is put into operation.
The advantages of off-plan projects are the option to pay for your overseas property in instalments. Developers offer various payment plans, in which the total amount is divided into parts and gradually deposited throughout the construction work. Off-plan villa prices in Limassol are 20–30% lower than when the project is completed and ready to be moved in. This makes the purchase profitable for investors. New residential buildings are located as part of complexes that have a fenced protected area and various amenities for locals: swimming pools, parks and children's playgrounds. Moreover, modern projects have high energy efficiency, safety and earthquake resistance making them more reliable and economical than old ones.
Reasons for investing in a house in Limassol
Property in Limassol is a profitable investment asset. The city's resort orientation and top-notch infrastructure guarantee a high level of housing liquidity. There was an increase in real estate prices in 2023. The city’s eastern districts are the most attractive for investors. Houses here are in demand among expats and tourists resulting in a significant increase in prices.
Villas in the resort town are great to be rented out. As a rule, property owners in Cyprus receive a stable annual income of up to 8.5%.
You can rent out your villa in Limassol either on your own or through a management company. The second option is suitable for those who do not want to waste time searching for clients and solving various issues with tenants. The intermediary company takes on all the tasks for a fee, and the owner receives income.
The profit is taxed, which is calculated on a progressive scale and ranges from 20% and above. However, if the annual revenue is less than €19,500, no tax is charged.
Should the investor have owned his overseas property for at least a decade, he is able to sell it exempt from VAT. Cyprus boasts a transparent and secure legal system for real estate transactions, which ensures the safety of investments.
Buying villas in Limassol
The convenient tools of the Global Properties website greatly simplify and speed up the process of choosing and buying an apartment or an investment villa in Limassol. Its catalogue contains numerous real estate offers in different price policies.
The buyer can choose among villas and apartments in Limassol with a various number of rooms or size. You can set up a search for off-plan properties or secondary market offers.
The website hosts ads from trusted brokers and developers greatly enhancing the safety of the deal. The buyer can get in touch with the seller to get a discount or discuss the details of the transaction.
Thus, the website offers an easy and affordable way of investing in a house in Limassol and finding your ideal home in one of the most picturesque places in the Mediterranean region.