Limassol has remained the centre of luxury property in Cyprus for the past few years, attracting wealthy buyers from all over the world. The city's unique blend of traditional Cypriot atmosphere and modern infrastructure makes it an attractive place to live and invest.
It is worth noting that locals rarely buy luxury apartments in Limassol's high-rise projects - these were originally aimed at foreign investors and buyers interested in the now discontinued 'golden passport' scheme.
Despite this, the market continues to show a stable interest in luxury properties, especially in the construction phase. This is due to the fact that such investments can yield significant profits by the time the project is completed. Here are five iconic residential complexes that have become symbols of luxury living on the Limassol coast.
The Ritz-Carlton Residences Limassol
On the seafront of Muttaiyaka, The Ritz-Carlton Residences stands like a sophisticated beacon of luxury - a new standard of exclusive living on the Mediterranean coast. The 33-storey complex comprises 182 apartments, ranging from one to four bedrooms. Every square metre is designed to give a sense of space and freedom, with apartments ranging in size from 90m2 to 615m2.
The architecture of the building reflects the desire to combine nature and luxury. Spacious terraces literally float above the sea, creating the illusion of being on board a private yacht. The interiors of the apartments are decorated with impeccable taste and attention to detail, combining elegance and comfort. Owners will have access to first-class facilities including a 22m indoor swimming pool, a luxurious spa with panoramic windows, a private yoga studio and a kids' club.
What really sets this development apart is the Ritz-Carlton level of service. A concierge is on hand at all times of the day and night to fulfil your every wish, whether it's organising a private dinner on the terrace or booking a yacht for a boat trip. There is no place for fuss - only tranquillity, luxury and total privacy.
The view. This development has already become a symbol of status and prestigious living in Cyprus. As the luxury property market in Limassol becomes saturated, prices for apartments will continue to rise, making the purchase an excellent investment.
All property options in The Ritz-Carlton Residences Limassol
Trilogy Limassol Seafront
Trilogy Limassol Seafront is a true city within a city, bathed in sunshine and fresh sea breezes. Three elegant towers, like three sails pointing to the sky, underline the spirit of modern Limassol. Located in the heart of the business district of Neapolis, the complex comprises spacious apartments ranging from 91m2 to 815m2, with 3 metre ceilings and panoramic windows offering breathtaking views of the sea.
The heart of the complex is a lively plaza surrounded by gourmet restaurants and stylish boutiques. Spacious green areas and swimming pools totalling 7,500 m2 create a true oasis at the heart of the Trilogy mini-city. Residents will have access to spas, private gyms and clubs to escape the hustle and bustle of the city. Special attention has been paid to security: 24-hour security and access control systems ensure complete comfort and peace of mind.
The outlook. Investing in this project at the construction stage can offer investors significant capital growth as the value of the project inevitably increases with each stage of completion. Trilogy is a unique opportunity for those looking for not just a home, but a lifestyle.
All property options in the Trilogy Limassol Seafront development
One Tower Limassol
On the seafront of Limassol, just off 28 October Avenue, stands the monumental One Tower - Cyprus' tallest residential skyscraper, a beacon to the modern face of the city. The 170 metre tower comprises 84 exclusive residences, each occupying a full or half floor, offering exceptional privacy.
Spacious apartments with panoramic terraces, ranging in size from 67m2 to 1,101m2, offer uninterrupted views of the azure sea and the majestic Troodos Mountains. The interiors are designed with natural materials and innovative technologies to create a sense of comfort and cosiness. The first five floors of the complex are home to a fitness centre, spa, restaurant and swimming pool, making One Tower a true oasis of luxury.
Outlook. Given the limited number of similar properties in the Mediterranean market, and the desire of many wealthy investors to acquire prime accommodation, One Tower still has huge potential for further price appreciation.
All property options in the One Tower Limassol project
Yoo Limassol by Philippe Starck (under development)
Yoo Limassol is a project inspired by the genius of Philippe Starck, where every detail has been considered. On 113,800 m2 of land, a true city for the chosen few, where nature and architectural delights blend harmoniously. The villas and residences, ranging in size from 154m2 to 1,075m2, are designed in the style of Nature and Culture, underlining the uniqueness of the concept.
Private parks, marinas, cigar clubs and even an amphitheatre will be created within the complex. Here you can enjoy coastal life without having to leave the complex. It's not just housing, but a complete ecosystem for those who appreciate a unique lifestyle.
Prospects: Investing at the construction stage promises significant capital growth. Experience shows that such projects, especially those involving famous designers, can appreciate in value by 20-25% by the time they are completed.
All property options in the Yoo Limassol project by Philippe Starck
Westminster Residences (under construction)
Finally, Westminster Residences, a new symbol of elegance and comfort in the popular Germasoya area. Due to be completed by 2025, the development will offer its residents unique apartments and penthouses with layouts ranging from studios to six bedrooms. The apartments range in size from 18m2 to 1,623m2 and are designed to combine functionality and luxury.
Everything is designed for a comfortable life: underground parking, swimming pools, sauna and restaurant. Special attention has been paid to ecology and energy efficiency - all the buildings have a Class A energy rating and the finishes are made from natural materials.
Outlook. With new developments becoming increasingly rare in Limassol, investing in Westminster Residences at the construction stage will provide a high return on investment by the time it is ready for occupancy. This project is ideal for those who appreciate style and quality.
All property options in the Westminster Residences development
Limassol's luxury developments continue to be sought after by international buyers. Despite the end of the Golden Passport programme, interest in prestigious properties has not waned. With limited supply and soaring prices, buying new and under-construction homes is not only an opportunity to get the home of your dreams, but also a profitable investment with the prospect of significant appreciation.
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