Located on the Mediterranean island of Cyprus, Limassol can be found on the southern coast of the island and boasts of being the second largest city in Cyprus.
Limassol is situated about middway between the capital, Nicosia, and Paphos, with Limassol being well-known as a commercial and cultural centre for Cyprus.
With easy access to highways, and located centrally on the southern coast of Cyprus, plus good links to ports, and airports, close to marinas, luxury resorts, and historic landmarks, Limassol is a great place to look for luxury properties or real estate investments.
Property in Limassol can increase in value over time
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Investors can choose from a wide range of different types of cheap investment property from residential homes, condos, duplexes, or apartments, to commercial offices, retail stores, or industrial buildings leased to businesses.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
FEATURED CYPRUS LISTING
Location : Paphos,
Property Type: New DevelopmentProperty Terms: For SaleLocal Currency Price: Price in USD: $4,108,451
Limassol generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Limassol is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
Real Estate Agents and Property Developers in Cyprus
