Limassol’s real estate market is thriving, with a surge in construction and infrastructure development reshaping the cityscape with modern high-rises. A steady rise of 3.2% was noted in the residential property price index up to Q1 2022, reflecting robust domestic demand and renewed interest from foreign investors. Affordable property prices coupled with a flourishing rental market make Limassol an appealing choice for prospective buyers.
This Mediterranean city offers several advantages for property investors. Its strategic location attracts international attention while Cyprus’ low tax regime serves as an added incentive. With well-developed infrastructure ensuring high living standards, political stability providing security, and a mild climate enhancing its appeal further, Limassol promises an enriching lifestyle complete with cultural events and educational opportunities.