The island of Cyprus is an international business hub that offers the perfect combination of business and leisure with extensive beaches, first-class infrastructure, and an almost year-round worth of sunshine. Cyprus’ real estate and construction sector is one of the fastest growing and most resilient sectors of the economy, offering a variety of properties and investment opportunities that attract international travellers, discerning home buyers, and High-Net-Worth-Individuals (HDWI) from all over the world.
We’ve already answered the question of why you should invest in Real Estate in Cyprus so the next question remains: where? Each city of Cyprus possesses their own unique character, and the question of which city is best for you entirely depends on your long-term goals.
Choosing the Right City to Invest in
Cyprus offers a whole variety of properties you can choose from depending on your needs and expectations. If you’re looking for a holiday home, a property you can rent out, or your dream home for permanent residency, then learn about what the beautiful island of Cyprus and its incredible cities have in store for you.
Limassol City
Owning real estate properties in Cyprus’ cosmopolitan city, Limassol, is especially ideal for families and individuals attracted to the modern, fast-paced lifestyle. Limassol is strategically located in the southern-middle part of Cyprus, nestled between the sandy coastline and lush mountains, making it an ideal spot for those seeking convenient access to the natural attractions this island has to offer.
Limassol has a little bit of everything that you need for a comfortable or luxurious lifestyle, complete with shopping centres, restaurants and bars. For families, Limassol offers a varied selection of detached homes and villas as well as an excellent list of top international schools. The city is also the best choice for individuals looking to rent out their property, as Limassol serves as the top contributor in property transaction volume in the whole island of Cyprus. With its perfect combination of commerce and leisure, real estate in Limassol is always in demand.
Tourism
Limassol has always been an attractive tourist destination, due to its developed infrastructure with a bustling nightlife, 5-star restaurants, beautiful cafes on every corner as well as entertainment offers for the family such as cinemas, bowling, watersports and much more. You will find hotels to suit any budget range, and big short-term rental markets with holiday apartments and seaview villas.
Business Hub
The island’s main business hub is Limassol, giving it a very strong local economy with people from all walks of life. Many of the world’s top finance, accounting and forex companies have established their offices in Limassol due to the beneficial tax system as well as access to a diverse and highly skilled workforce.
Beaches
Featuring a beautiful, uninterrupted coastline, Limassol has plenty of beaches to explore. The majority of the beaches along the Limassol beachfront has been awarded the Blue Flag certificate as one of Europe’s most clean and family-friendly beaches. Anywhere you go along the seafront, you will find a nice sandy beach with a few cocktail bars, cafes and restaurants within walking distance.
Hotels & Restaurants
There is no shortage of hospitality in Limassol. Due to its rapid development in recent years, and the influx of business and new residents, the restaurant scene has been given the opportunity to blossom. Today, you will find any cuisine your heart desires, with world-class chefs working in the kitchens. Many of Limassol’s most highly rated restaurants are traditional tavernas – serving local dishes with Mediterranean ingredients.
There are numerous hotels scattered across the city, ranging from 5-star luxury hotels such as The Four Seasons to budget hotels and holiday apartments.
Schools
Some of the best private schools in Cyprus are located in Limassol. Most of the schools have a very international culture, with all classes taught in English and lessons offered in Greek, Russian, French and more. Some of the most popular schools located in Limassol include:
- The Heritage Private School
- The Grammar School Limassol
- Foley’s School
- Silverline Private School
- Lighthouse School
Top Level Health Care Services
There are several public and private hospitals located in Limassol City. The city is also the location of the famous German Oncology Centre, found in the Germasogeia district. The medical industry is quite developed in the region, featuring a spectrum of choice with dentists, optometrists, physiotherapists, surgeons and more.
The island location offers the complete package
Whether you are looking to invest into a holiday property, or planning to move to Cyprus – the modern city of Limassol provides everything you can need to live a fulfilling life in the sun. Positioned centrally on the island, anywhere in Cyprus is within the reach of a short drive. And you most likely won’t even need to go far, as the local amenities have got you covered:
- Modern banking services
- Extensive public transport systems
- Proximity to 2 international airports
- Annual local festivals and carnivals
- The opening of the largest casino in the Mediterranean
- New Limassol Marina
- Much much more..
