Villas in Limassol
One of the most attractive properties in Cyprus is a villa in Limassol for investment and vacation. This incredibly colorful city is a magnet for tourists and businessmen from all over the world. A rich history and beautiful beaches are compelling, but they are not the only reasons why people prefer to live and vacation here. Besides tourist attractions, Limassol also offers appealing conditions for acquiring property, especially houses and villas.
If you buy villa in Limassol, you make a wise investment in personal comfort and well-being, and become the owner of a potentially profitable property that, if rented out, can provide a stable income in the future.
In this Mediterranean city, one can find a wide selection of houses and villas that will satisfy the needs of even a discerning buyer. From small, cozy houses located in the heart of the city to luxurious villas with private pools and spacious land plots.
One of Limassol's main advantages is its warm Mediterranean climate. This allows for outdoor relaxation all year round and creates ideal conditions for spacious terraces in houses and villas.
The average house in Limassol is distinguished by high-quality finishing and construction materials. Many of the properties include large living rooms, spacious bedrooms with en-suite bathrooms, modern kitchens, parking spaces, and private courtyards. Villas for sale in Limassol often come with additional amenities such as saunas, barbecues, gyms, and more.
Overall, investing in a house in Limassol not only allows for comfortable living in a warm climate, but also offers an excellent opportunity for generating additional income. It's a great choice for those looking for real estate on a sunny island with a rich history and beautiful landscapes.
Investment house in Limassol
An investment house in Limassol is a profitable acquisition, and here's why:
- Limassol is one of the most dynamically developing regions in Cyprus. In recent years, the demand for housing in this area has significantly increased, and the conditions for investment have become even more favorable. If you decide to buy house in Limassol, you will be able to rent it out in the future.
- Stability and safety, along with a strong economy, developed infrastructure, excellent education system, and medical services, make this Cypriot city an attractive place for investment.
- Tax incentives. Cyprus offers one of the most favorable tax systems in Europe. Homeowners can receive various tax benefits. For example, rental income is taxed at only 3–5%.
- Limassol is a popular tourist region, attracting thousands of visitors every year. If the property is rented out, the average return on investment is 10.75% per annum.
- Prospects for price growth. Considering the growing demand for real estate in Limassol, it can be assumed that house prices will increase in the future. Over the last 12 months, the cost of houses and villas has increased by 11%.
Villas prices in Limassol
Villas prices in Limassol can vary depending on the size of the living unit, location, and level of luxury. However, compared to other countries, property prices in this resort town still remain relatively affordable.
According to the latest statistics, the cost of villas in Limassol on average is €713,333, with the cost per square meter being €3,268. Below you can find house prices depending on the number of bedrooms:
- 4 bedrooms – €819,000;
- 5 bedrooms – €1,596,667;
- 6 bedrooms – €1,843,333;
- 7 bedrooms – €2,566,667;
- 8 bedrooms – €2,893,333.
Buying house in Limassol
Apartments in Cyprus in the most picturesque locations of the island are presented on the Cyprus-Real.Estate website. Here you can find up-to-date information about the market, view prices in euros and dollars, and consult a manager on all the questions you may have about searching for and purchasing one of the houses for sale in Limassol. If needed, a specialist will assist you in selecting a villa in Cyprus and organize its safe purchase.