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Limassol, one of the largest cities in Cyprus, is a promising destination for real estate investment due to its economic stability, favorable climate, and developing infrastructure.
Key Advantages
- Economy and Tax Benefits
Cyprus’s stable economy, low taxes, and exemption from capital gains tax make property investment highly profitable. - Climate and Lifestyle
Sunny weather, beautiful beaches, and a well-developed infrastructure attract tourists, expatriates, and families, driving rental demand. - Modern Projects
Luxury developments like Limassol Marina offer high-quality properties with increasing value and steady rental income. - Residence Permit Program
Purchasing property worth €300,000 or more provides eligibility for a residence permit, which is particularly appealing to Russian investors. - Rental Market
High demand for both short- and long-term rentals ensures consistent income for property owners. - Long-Term Price Growth
Real estate in Limassol demonstrates stable price increases due to limited supply and strong demand.
Conclusion
Limassol offers unique opportunities for real estate investment. With reliable price growth, strong rental demand, and a high standard of living, it stands out as an attractive option for long-term investments.