Luxury Living in Cyprus
Cyprus is experiencing unprecedented growth in the Real Estate sector with many projects already completed, others are in the process of being built and many others in the planning stage. The common denominator with the majority of investors and high net worth individuals in their investment in luxury properties is that Limassol is the town of choice. The reasons are many and the opportunity for capital growth in your investment is high. Put simply, the reason most people are investing in Real Estate in Limassol is that it offers so much more than the towns of the rest of the island.
Let's look at some of the reasons Limassol has the highest rate of growth.
The exquisite and luxurious Limassol Marina and the Cybarco development has transformed the old port area into an attraction for Limassolians and visitors alike. The old town has been given a much-needed makeover that has transformed the area into a hub for new business and is a chic place to be seen with all the coffee shops and eateries doing a thriving trade.
Further along the seafront, you can witness the luxurious Olympic towers with the landmark flyover giving the residents direct access to the sea from their apartments.
Also now completed is the iconic Oval and is the tallest commercial building in Cyprus at 16 floors and with 2 underground parking areas. No wonder that the majority of office space was snapped up off-plan.!!
The ambitious and impressive high rise developments such as ONE, The Trilogy and the majestic The Icon are in the process of being built and interest in these properties by overseas investors is strong. Whether you are thinking of purchasing your dream home in the sun or as a vehicle for a visa and or a passport as a gateway to Europe Limassol is the place to invest. It is the commercial center of the Island with offshore companies, shipping, and financial services companies having a very strong presence in the town.
Once you have made the decision on where to invest the question then arises as to what type of property will suit your needs, lifestyle and of course budget. An investment of this nature requires personal, expert and unbiased advice to assist you in making an informed decision which suits your overall circumstances. Markos Kyprianou, Managing Partner of Cyprino Real Estate has been living on the island for almost 30 years with a proven track record in the sales and marketing of luxury properties in Limassol.
He can advise you on all aspects of your Real Estate needs whether it be an apartment or a luxury villa, to the recommendation of reputable legal advocacy or even the best fine dining restaurants on the island.