Dreaming of moving to Cyprus and getting permanent residence in 2022? Then this article is for you!
Let's talk about residential properties that will allow not only to acquire your own housing on a sunny island, but also to obtain a legal status of residence in one of the most prosperous countries of the European Union.
But before we start reviewing the properties, let's dwell a little on what we were guided by when compiling this list.
- Location: Limassol. Why Limassol? It is the business capital of Cyprus.
- Price: 300-500 thousand euros. Cyprus has a program for obtaining permanent residence through the purchase of real estate. The minimum cost of housing is 300 thousand euros, excluding VAT. It can be one or more objects. Or, for example, if you liked the housing, but it costs less than 300 thousand euros, you can negotiate with the developer for additional options and services (for example, furniture, additional finishing, household appliances) in order to get the missing amount. Some more nuances: a) the apartment must be in a new building; b) permanent residence is issued in just a few months for the whole family at once; c) the opportunity to obtain a Cypriot passport in 7 years.
- Completion date: until the end of 2022. It is no secret that for many, the issue of moving and obtaining European permanent residence is quite acute. Therefore, we will not waste your time on projects that are in the early stages of construction, and we will consider those options where it will be possible to move in before the end of this year.
When it comes to finding housing, it is very important to think through everything to the smallest detail: choose a quality developer, optimal location, convenient layout. Under all these conditions, such an offer from one of the largest developers in the country is perfect: for only 320 thousand euros you can become the owner of a double penthouse located on the top floor of a small three-story building.
If you value privacy and do not want to live with a large number of neighbors, you can consider another complex of a similar format. The spacious 3-bedroom apartment in Kadros Residence is on sale for 480 thousand euros and is located on the ground floor of a compact residential building. You can move in as early as November!
Continuing the theme of quiet residential areas, we bring to your attention a 2-bedroom penthouse in a new building in Agios Athanasios. In addition to two bedrooms and 1 bathroom, the apartment has an open plan kitchen as well as a large veranda of 21m2. The bonus is a nice view from the balcony and the opportunity to call right now. The price is 345 thousand euros.
If you appreciate beautiful views, then take a look at the Cielo project. It is located in an elevated position in the municipality of Germasogeia, offering an unobstructed view of Limassol city and the waterfront. Prices for 2-bedroom apartments start from 280 thousand euros. Delivery of the project is scheduled for 2023.
For those who dream of living close to the sea, we offer properties located in Germasogeia, a popular residential area of Limassol.
The cozy Armira Park Residence is ideally located close to all city amenities, but at the same time surrounded on both sides by a green area. Prices for 2-bedroom apartments here start from 280 thousand euros, but if you want to get permanent residence in a set, we advise you to look at the apartment for 460 thousand euros.
From the house there is easy access to the highway.
Not far from Almira is the Le Gray complex, offering a choice of several spacious apartments starting at 299,000 euros. Quality finishes, luxurious lobby and landscaped gardens are sure to delight aesthetes. Well, those who want to stay more comfortable can look at the 3-bedroom apartment at a price of 467,000. The apartments have a spacious living room and large covered terraces. The master bedroom has a private bathroom. Expected completion date is autumn 2022.
The Christine Residence is located in a recently built quiet area, within walking distance to the sea and close to all amenities. The complex has six spacious 2 bedroom apartments, each with its own parking and storage room. The complex has an interesting modern design and looks very extravagant. Delivery of the objects is scheduled for the summer of 2022, and a good selection of apartments is still available from 435 thousand euros.
There is another object in the same price category - a 3-bedroom penthouse located in a modern complex near the Tsirio stadium. Far from the sea, but there is a private roof garden, plus the area has a very good infrastructure and easy access to the highway. The object will be handed over within weeks.
To the southeast of the stadium is another pretty area of Limassol - Mesa Geitonia. A small complex Opal Court offers a wide range of budget 2-bedroom apartments, costing from 284 to 357 thousand euros. The complex is expected to be commissioned by the end of 2022.
A more spacious 3-bedroom apartment in the same area can be purchased for 455,000 euros. In addition to a spacious veranda, the apartment benefits from energy-saving glazing, high ceilings and class A energy efficiency. The apartments will be commissioned in November.
One of the main advantages of the project presented by the developer A.F. Project in Agia Fyla is a quick exit to the highway connecting all points of the city: you will reach the center of Limassol and the coast in 15 minutes, the road to the Heritage school will take about 10. A bonus is a beautiful view of the sea and high-quality modern finishes and insulation of external and internal walls. The object has already been commissioned, there are only a couple of 2-bedroom apartments left for 320 thousand euros and 400 thousand euros.
Available options for buying property in the A.F. Project in Agia Fyla
In the same area (Agia Fyla) a 3 bedroom apartment with large covered verandas is for sale in the Lefkothea Park project. By the way, the veranda offers a magnificent view of the city and the sea. Plus, the developer has equipped the apartments with high-quality kitchen furniture, two bathrooms and a guest toilet. There is also a storage room, secure underground parking, electric gates. The cost is 370 thousand euros, the delivery is already in September.
In the neighboring area of Agios Athanasios, the Louis1 complex has recently been built, where you can still have time to buy one of the two-bedroom apartments for three hundred thousand plus or a luxury penthouse worth 480 thousand euros. The latter boasts an 80-meter veranda with impressive sea and mountain views.
But back to more budget options. In the Osu Oasis Residences complex, you can pick up real estate at a price of 230 thousand euros or take an apartment a little more expensive (310 thousand euros) to fit into the program for quickly obtaining permanent residence.
Available options for buying property in the Osu Oasis Residences project
This concludes our review of the most relevant real estate offers for those who want to combine the purchase of an apartment in Cyprus with obtaining legal status in this hospitable country.
Interested in buying property in Cyprus? Welcome to DOM! Here you will find options for houses and apartments in Limassol, Paphos, Larnaca and Famagusta, as well as get the help of experienced professionals.
- Varosha: the city where time stopped
- How to cut costs on your house or apartment remodel in Cyprus
- GESI General Health Care System in Cyprus
- TOP 5 areas of Limassol for real estate investment in 2022
- Is it profitable to buy land in Cyprus and build a house on your own?
- The story of Plus Properties in Cyprus