I’ve been considering luxury properties in Limassol, but I’m unsure if expensive real estate in the city justifies the high prices. Does the premium segment attract consistent demand from renters or buyers, and how does it compare to other parts of Cyprus for long-term investment?
Expensive Real Estate in Limassol is an excellent choice for investors targeting high-end markets. I purchased a luxury apartment in the Marina area, and it has consistently attracted affluent renters, particularly expats and international business professionals. Limassol’s premium properties are known for their quality construction, stunning sea views, and proximity to high-end amenities like shopping centers and restaurants. While the initial investment is higher, the rental income and appreciation potential make it a worthwhile endeavor. Additionally, the city’s status as a financial hub ensures steady demand from well-off tenants and buyers.