In search of real estate in Cyprus you can find a variety of options - from luxury complexes to fairly inexpensive options.
Interestingly, the latter have a good quality of construction and are in great demand among both locals and foreign buyers.
What is the economy-class housing in Cyprus?
There is a curious situation in the world: business and luxury class real estate means approximately the same thing, while the economy class in each country can be quite different level.
In Cyprus, economy-class housing is of high quality, regardless of whether the primary or secondary market refers to the object. The difference with higher class housing is as follows:
Smaller areas. Nevertheless, it is still difficult to find a tiny studio of 20 m2 here, as Cypriots like spacious houses.
- The location is not on the beachfront. Typically, the only unobstructed sea views in major cities are from upscale homes. However, in smaller towns, you can find economy and comfort-class houses with beautiful panoramas.
- There is no own mini-infrastructure, but the territory can be closed. In new buildings of the business class and above it is necessary to have a parking lot, concierge service, 24-hour security, and often - a swimming pool, bar, gym, etc. Economy-class apartments are usually more simple, although there are exceptions.
- More simple finishing of apartments. All new buildings in Cyprus are delivered with finishing, but of course, in the economy class, it is simple. Although it can be "turnkey", that is, you can immediately move in and live.
Perhaps the most important thing that determines the real estate in Cyprus in economy class is its cost. The complex can be modern, beautiful, and comfortable - but at the same time listed as an economy, as its price does not exceed 100-150 thousand euros.
On this basis, we offer you a selection of inexpensive but decent housing in different cities of Cyprus. Assess how attractive some of the options are - and this is only a small part. Even more offers you can find in the base of the DOM real estate agency.
LARNACA.
Ithaka Home, Pyla
Pila is a rather large village, which is located behind Livadia. And if in Livadia housing is expensive, in Pila the situation is different. Here you can find quality real estate at a reasonable price. In addition, you can get to Larnaca in 10 minutes, and to the coast with beaches - in 2 minutes by car.
For example, Ithaka Home has all the amenities that are very reminiscent of business class. These are apartments with spacious rooms and excellent finishes, loggias, and their own territory with parking. There are separate storage rooms for residents and access to all walking areas is provided.
There are 1-, 2- and 3-bedroom apartments for sale with 1 or 2 bathrooms. All rooms are large and bright and will comfortably accommodate even a large family.
Properties available for sale in the project Ithaka Home
One-bedroom apartment in Kiti
A great option for those who want to live in peace and quiet - yet close to the big city. Kiti is located behind the airport and is ideal for those who travel a lot.
The small complex is located in a quiet place where you can live alone or with a family. Each apartment has its own cozy loggia, which can be equipped as a place for daily rest and relaxation. Also the complex has its own parking lot, which is important - you will have to drive to Larnaca. However, the way will take about 10 minutes.
Residents will like the finishings: both the apartments and the lobby. In addition, it is worth appreciating the large area (69 m2 with terrace) and modern architecture of the whole building.
One bedroom apartment in Oroklini
Oroklini is a great place for those who are looking for comfort and proximity to infrastructure with a relaxed lifestyle. There is easy access to Larnaca and the airport, and the area is famous for its beaches and plenty of water activities including diving.
The small gated complex has all the amenities of the comfort class+, but at the same time, it is classified as economy-class real estate - all because of the low prices for each object. Thus, a one-bedroom apartment will cost only 115 thousand euros. In this case, the living area of the apartment will be 47 m2, to which is added a covered terrace of 12 m2. Finishing includes not only repairs but also the presence of furniture and appliances, including air conditioning.
The windows overlook the sea and the mountains, which provide a magnificent panorama. Residents of the gated complex have access to parking and storage, as well as a lovely swimming pool. The availability of a gym is also worth appreciating.
LIMASSOL
Thalassa Court A, Zakaki
Zakaki is a rapidly developing area of Limassol. Since it does not have access to the beaches, real estate here has a lower price than in coastal areas. From here it is as easy as possible to get to the city center and the infrastructure for living and working.
Thalassa Court is in a good location and is a small, beautiful and neat complex. It can be called "borderline" between the classes of comfort and economy: there is a covered parking lot, storage room, spacious terraces and... good profitability, by the way. Therefore, the project can be looked at and those who want to invest in real estate in Cyprus.
All apartments have large windows and terraces of different sizes. Since the complex has only 3 floors, it does not have many apartments - so life in it will be as comfortable and safe as possible.
Properties available for sale in the project Thalassa Court
Amathous Court, Agios Tychonas
Agios Tychonas is located near Limassol and is considered a tourist location. This means that buying an apartment here is good from two sides at once: proximity to the beaches and infrastructure - and benefit. It is possible to invest in housing, as it continues to grow in value, in addition, it can be rented out to vacationers.
Amathous Court is located within walking distance to the sea, just 500 meters from the cleanest beaches. Parking and storage rooms are available for residents, as well as a landscaped area for walking and relaxing. Each apartment has a large terrace with sliding doors and panoramic windows.
It is important to note that the center of Limassol can be reached in 5-10 minutes. Nearby are cafes and restaurants, stores, bank offices, as well as entertainment venues.
Properties available for sale in the project Amathous Court
One bedroom apartment in Agia Fila
Agia Fila is still an unpopular area, although it has a top position: in the foothills, close to the city, with good access to the center without traffic jams. The place is quiet and green, it is a pleasure to live in such a location.
One-bedroom apartment in a complex of 12 apartments will only serve to emphasize privacy and tranquility. The complex itself has a green yard area, and from the upper floors, there is a view of the sea. Each apartment has its own terrace for recreation.
It is worth noting the spacious rooms, quality glazing, high-class materials of construction and finishing, as well as VRV-conditioning.
NICOSIA
Toronto Court FC 103, Aglanzia
One of the top locations in Nicosia - near the center and at the same time "in nature" (if you count the proximity of Athalassa Park). Here the developed infrastructure is organically intertwined with silence and security. Many family people choose to live in this neighborhood.
Toronto Court complex is a three-story small building with cozy 1- and 2-bedroom apartments. Each apartment has a loggia and first-class finishing. The gated complex has parking for residents, and the building is fully air-conditioned.
Properties available for sale in the project Toronto Court
Latsia court FC 108, Latsia
Another quiet and peaceful location, but more remote from the city. Real estate here is inexpensive, because the road to the city takes time, albeit a short one. Latsia is also characterized by a very quiet and measured way of life, there are not very many apartment buildings here yet.
Latsia court looks stylish and has energy efficiency class A, which will appeal to those who are committed to preserving the environment. You'll find 1, 2 and 3-bedroom apartments, each with spacious rooms and comfortable layouts.
Properties available for sale in Latsia Court project
PAPHOS
Blue Star, Kato Paphos
By all standards elite, but at the price of a very - budget option. It is located in the heart of Paphos and is suitable for both everyday life and investment.
Blue Star has all the advantages: closed territory, playground, heating, parking and only 1 km to the coast. In terms of appearance and level, it can be classified as business class, but the prices will pleasantly surprise you.
All apartments have panoramic windows and high-quality designer finishes, including furniture and appliances. This is a convenient option for those who do not want to delay with the repair and ready to move into the apartment immediately after its commissioning.
Properties available for sale in Blue Star project
One-bedroom apartment in Argaka
Argaka is a reasonable distance from Paphos and is close to the coast. Therefore, it is often settled here by those who have decided to acquire a vacation residence. The location is also suitable for a quiet family residence.
A great option - a one-bedroom apartment in a complex with a swimming pool. Finishes include everything, among them furniture, appliances, and kitchen. At the service of tenants - landscaped gardens and a large beautiful pool. By the way, the coast of the bay can be reached in 5 minutes by car.
Interested in housing on the island? Check out DOM, the #1 real estate agency in Cyprus! The agency's website has the largest real estate database in the country - more than 30 thousand residential and commercial properties all over the island. Select and contact professional brokers who will help you make the right choice!
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