Cheap Distressed Limassol Investments Properties

Why Invest in Limassol Properties

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.

There are many places to find distressed or foreclosed properties in Limassol, for examples you can ask a real estate agent to filter for foreclosures or bank-owned (REO) properties.

Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.

Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.

Drive around neighborhoods looking for vacant houses and you may find cheap distressed Limassol property for sale with broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.

FEATURED CYPRUS LISTING Location : LARNAKA, SOFTADES Property Type: Land Property Terms: For Sale Local Currency Price: 30,000,000Euros Price in USD: $34,023,922

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.