In this collection, we present apartments and villas of comfort and business class at a reasonable price, with permanent residency included. Not only the buyer but also their family can obtain permanent residency in Cyprus.
The main condition for obtaining of Cypriot residence is the purchase of real estate in Cyprus for a minimum amount of 300,000 euros. It can be one or several properties, as long as the total amount is 300,000 euros or more.
The property must be new, which means that the secondary market is not an option, only new buildings are allowed.
Additionally, the buyer must pay 2/3 of the property's cost upfront, even if it is still under construction, which amounts to 200,000 euros.
The buyer must also provide certificates of no criminal record for all family members and prove their income for each person abroad.
So, the selection includes new houses and apartments worth 300,000 euros and slightly above. Let's see what the investor gets for this money, besides your residence permit?
1. A two-bedroom apartment in the historic center of Limassol.
A spacious apartment of 92 m2 in the most unusual area of Limassol - the historic center. It features narrow old streets, cozy establishments, parks, and a waterfront within walking distance.
The apartment is located in a small closed complex, fully furnished, and includes two spacious covered balconies. The complex offers a pool, parking, and concierge services. This option is ideal for both investment and renting out or for self-living.
Learn more about this property.
2.Two-bedroom penthouse in Agios Athanasios, Limassol.
An entire penthouse of 94 m2 in a cozy complex. The apartment is located on the third floor and has windows overlooking both the mountains and the sea. The views are simply stunning, including the famous Limassol Oval. There is also an open roof terrace with a rest area, a barbecue area, and even an outdoor greenhouse - a mini-park in your own home!
The Agios Athanasios area is a tourist coastal location with all the necessary infrastructure for living and leisure. So the apartment is suitable for those who are planning to vacation in Cyprus and those who plan to rent out the property.
The penthouse is located in a closed complex that is currently under construction. The work is planned to be completed by 2022, which means that after commissioning, the apartment may increase in value.
3. 3-bedroom house in Kato Polemidia, Limassol
It is located away from the sea, but in many ways, this is even a plus. It is quiet, peaceful, not so humid, and has a magnificent view of the mountains. However, it is very easy to reach the center of Limassol from Kato Polemidia, which takes only 10-15 minutes.
The house occupies more than 200 m2, and the plot is 250 m2. There is parking space, a green garden, and thermal insulation, which is important for the Cypriot winter.
The spacious living room, kitchen, and bathroom are located on the first floor, while the three bedrooms and second bathroom are on the second floor. The house is ideal for families with children and for country vacations.
4. Four-bedroom house in Ypsonas, Limassol
This is another option. It is smaller in size but has more rooms. The living room is connected to the kitchen, and there are two bathrooms and four bedrooms in the 171 m2 house. There is also a small plot and a covered parking space.
The small house is part of a closed complex, which means that it will be quiet and safe nearby. The complex is currently under construction and will be completed within a year.
The Ipsonas area is the closest suburb to Limassol.
Here, there is a developed infrastructure with everything for living and recreation. Schools, kindergartens, and cafes are within walking distance. If you need to get to the center of Limassol, there is an excellent road with junctions nearby, and the journey will take no more than 10 minutes.
5. Two-bedroom apartment in the Universal area, Paphos
A small complex of four apartments is located in an attractive area of the city - a lively center with developed infrastructure. The two-bedroom apartment covers an area of 84 square meters, including a living room combined with a kitchen, 2 bedrooms, and 2 bathrooms. An open balcony covers another 15 square meters.
The complex has a swimming pool, parking, and a separate storage room. There is a magnificent view of both the sea and the mountains from the windows and balconies.
6. Two-bedroom apartment in the Old Town, Paphos
The old town of Paphos is one of the most pleasant areas for living and recreation. It is located in the heart of the city, and it is possible to walk to the sea in 10-15 minutes. The infrastructure here is quite developed, although there are lively Kato Paphos and Universal nearby. Life is boiling just in neighboring areas.
The apartment is quite spacious. The total area is 95 square meters, including a large open balcony with a sea view that covers almost 20 square meters.
The apartment is fully finished and ready for living. This means that you can move in immediately after purchase or rent it out to tourists. The area is conducive to this: there are many sights and ancient monuments nearby that you can walk to or take a taxi to.
7. Two-bedroom villa on a golf resort, Paphos
This small but very charming villa is located near a large and popular golf resort, which means that demand for rental will be high all year round. In addition, all necessary infrastructure for leisure is nearby. The villa is ideal as a vacation residence.
The villa is currently under construction and upon completion, the house will be delivered with finishing touches. It includes a swimming pool and a parking space.
The view from the windows opens to the sea and the mountains. By the way, about the sea! It is only 1.5 km away. In good weather, you can walk there in 20 minutes. And by car, it takes no more than 5 minutes.
8. Two-bedroom penthouse in Livadia, Larnaca
Excellent location, developed infrastructure, great design, and comfort - that's how you can briefly describe this property. Livadia is a quiet family area with many schools and kindergartens. However, there are plenty of entertainment options, and the sea is very close.
The penthouse can be called a two-story one: the living rooms, including two bathrooms, and a spacious covered balcony are located on the first floor. And on the second floor, there is a green area - a real private garden with a magnificent view. In one direction, there is a sea view, and in the other direction, there are mountains.
The project is ideal for investment: it is expected that property in Larnaca will soon skyrocket in price. But until that happens, hurry up!
9. Two-bedroom apartment in the center of Larnaca
Located in close proximity to the Finikoudes promenade, marina, and with a developed infrastructure for living and recreation, this is where the new skyscraper in Larnaca will be located. It will be operational in 2023, but by that time, elite apartments at business-class prices will no longer be available.
Indeed, the complex aims for the elite class. For residents, there will be a pool, gym, concierge area, and of course, ample parking.
The apartments themselves will be fully finished, and special attention will be paid to the balconies - as they will offer a stunning view of the sea, harbor, and city.
10. Two-bedroom house in Menou, Larnaca
Menou is the closest suburb to Larnaca, and it is notable for its peacefulness. It is a pleasant place to spend a vacation or live with the whole family. The airport and Larnaca's Salt Lakes can be reached in 5 minutes by car, and the city center is only 10 minutes away.
The two-story house with an area of 150 m2 includes a living room, kitchen, two bathrooms, two bedrooms, and a storage room. Outside, there is a pool and a place to relax. The mini-villa belongs to a closed complex, which guarantees peace and security.
The house is ready to welcome tenants: the interior is fully finished, furnished, and equipped with appliances. This is convenient for those who plan to rent out the property.
11. Two-bedroom apartment in Mackenzie, Larnaca
This cozy and bright two-bedroom apartment is located in a complex right on the seafront. The Mackenzie area is a rapidly developing location in Larnaca, where people settle for permanent residence, but the tourist industry is also well developed.
Residents of the complex have access to a shared pool, closed parking, and other services. You can walk to the city center along the promenade, or drive to any part of Cyprus. By the way, the largest Cypriot airport is very close by.
The complex belongs to a large developer company that is actively involved in construction projects in Limassol, Paphos, and Larnaca. They have been operating in Cyprus since 2010 and have earned the trust of buyers of elite real estate in Cyprus.
Interested in real estate in Cyprus? Visit DOM. The portal has the largest database of real estate in the country - from residential to commercial. Choose and contact professionals who will help you make the right choice!
Also read:
- Buying Real Estate in Cyprus with Cryptocurrency
- Storage in the Living Room: 7 Inspiring Ideas for Cyprus Property Owners
- Elite Island Properties: Continuing Middle Eastern Traditions in Cyprus
- Permanent Residence in Cyprus - Permanent Residency through Property Investment
- Closer to the Stars: What the Most Luxurious Cyprus Penthouses Look Like
- Land Registry Department in Cyprus
- Cyprus Developers Alliance (CDA Group): Affordable Luxury in Cyprus.
