Limassol is much more than a holiday destination





Limassol is located in the southern coast line of Cyprus holding the country's strongest strategic location. Situated between Larnaca and Paphos International Airports and along with the motorway links to the rest of Cyprus, Limassol is very much at the centre of things when it comes to living in Cyprus. It is the second largest city of Cyprus with a population of 240,000 people (2011). Limassol is the largest city in geographical size and the biggest municipality of the island.

The city over the past decades has become utterly famous for many foreigners either for holidays or permanent living. Chinese people are no exception to this as they mostly tend to enjoy the ultimate climate, the beautiful beaches and the historical values of the city. Limassol has become an ideal permanent residence destination for Chinese people who love the sea, culture and a cosmopolitan lifestyle and at the same time benefit from all privileges a Cyprus permanent residence holder gets.

Today Limassol is an excellent sea resort addressed even to the most demanding visitor. With a ten-mile coastline, a busy shopping center, countless taverns and restaurants nightlife to suit any kind of taste ranging from modest to sophisticate. The tourism and services sector have been growing very rapidly as Limassol became a prime Mediterranean tourist resort, attracting millions of tourists annually.

Furthermore Limassol is an important offshore and port of registry center. There is no doubt that the economic performance of Cyprus over the last 40 years has been remarkable placing Limassol into the top destination choices for companies wishing to have an offshore establishment. The main reasons include the strategic location, the sophisticated infrastructure, the highly-educated workforce, the favorable tax system, and the modern banking and insurance networks. No wonder Cyprus hosts over 225,000 registered companies from around the world while more than half are based in Limassol.

Limassol Properties for sale



Beyond the significant sectors of tourism and services Limassol's position at the crossroads of Europe, Asia, and Africa has led to a significant expansion of the developing and constructing sector. Limassol properties for sale have been attracting foreigners to buy property in Limassol for holiday use and investments as well as permanent residence purposes. The biggest buying markets comes from the Uk and former CIS countries while the past year there has been an increasing trend from Chinese people wishing to buy a property in Limassol, with the forecast for this trend to increase heavily in the upcoming years.

Limassol properties for sale come at different styles, sizes and price. Staring from a small apartment going to the top range of sea side villas, an individual wishing to buy a property in Limassol has a big variety to choose from. Chinese clients buying a property in Limassol tend to prefer detached villas with fair size garden and pool. They also prefer to be in the perimeter of Limassol at a close proximity to the city.

On the other hand Chinese clients wishing to buy a property in Limassol with the intention of applying for the Cyprus Permanent Residence are more oriented in buying a Limassol property at the value range of € 300,000. According to Cyprus Immigration policy a Chinese client buying a property in Cyprus of a value of € 300,000 and over can acquire the Cyprus Permanent Residence. The common criteria for almost all Chinese clients that buy a property in Limassol is the requirement of securing a good rental income through the year.

Limassol is undeniably an ideal place to live and enjoy a good Mediterranean way of life. The infrastructure is constantly upgraded from all aspects, securing high standards of life and an active social life. People relocating here would really be amazed to see the overwhelming beauty and landscape which covers the place. The gripping natural beauty of the place is just so breathtaking that they become used to it in just a few days. Although the local language in Cyprus is Greek, over eight five percent of the population speaks English making the orientation process of any foreigner relocating here an easy task.

Overall Limassol seems to be ticking all the boxes for Chinese people wishing to buy a property in Cyprus. If you are also thing of buying a property in Limassol don't hesitate to contact us. Our skillful staff is here to assist you all the way in your search for your dream home in Limassol.