TOP-6 Apartments in Limassol For Permanent Residence Program

To obtain Cyprus permanent residence (Permanent Residence Permit) under the accelerated program, it is necessary to buy property in Cyprus worth from €300,000. In this case, not only the property owner but also their family receive permission for permanent residence on the island, and without collecting piles of documents or taking Greek language exams.

Simplified Cyprus Permanent Residence Program

As already mentioned, not only the buyer of real estate in Cyprus, but also their family, has the right to obtain a Category F visa, commonly referred to as permanent residence.

Family members include:

1. spouse
2. parents
3. the spouse’s parents
4. children under 25 years old.

To do this, it is necessary to purchase property worth from €300,000, while €200,000 must be paid in a lump sum. In addition, the applicant must place at least €30,000 on deposit in a Cypriot bank and prove income from abroad: for themselves and for each family member.

All recipients of the Category F visa must have no criminal record and no illegal income. It is also not possible to get a job in Cyprus with this visa.

Learn more about simplified Cyprus permanent residence.

If the owner continues to own the purchased property, their permanent residence is extended automatically; it is only necessary to confirm the fact of ownership. Keep in mind that permanent residence will be revoked if you have been absent from the island for more than 2 years.

The program implies that you can buy not one property, but several. The main thing is that the total amount must be at least €300,000. This is a convenient option for those who want to move their parents or adult children to Cyprus.

You can also buy property in Cyprus remotely. The real estate agency DOM provides services for remote property viewings and online transaction processing.

This article features good real estate options, by purchasing which you will be able to participate in the simplified Cyprus permanent residence program. Limassol was chosen for a reason: it is in this city that foreign investors prefer to settle. Life is vibrant here, the infrastructure is highly developed, and the environment is as comfortable as possible.

3-bedroom apartment in Germasogeia Columbia

A cozy apartment in a small complex in the elite Limassol district of Germasogeia Columbia. Highly developed living infrastructure and huge potential for year-round rental are not the only advantages of this property:

1. 3rd floor with sea view;
2. air conditioning and heating;
3. 3 bedrooms, 4 bathrooms, and a living room with kitchen, terraces for relaxation;
4. complex amenities: playground, swimming pool, gym, elevator, storage room, parking.

The building has already been commissioned, the apartment is furnished and equipped with all appliances (the interior was designed by a professional designer). The high energy efficiency class will help save on utility bills while ensuring comfort in both hot and cold weather.

2-bedroom apartment in Ayia Fyla

An excellent option for permanent residence or long-term rental. The elevated location provides magnificent views of the sea and the surroundings, while all the infrastructure is tailored to families with children and remote workers (although getting to the center is also easy). Features of the apartment:

1. 2nd floor out of three;
2. 2 bedrooms, 2 bathrooms, kitchen and living room, very large scenic terrace;
3. full finishing;
4. quiet surroundings and many educational institutions for children nearby.

The building was constructed using the latest technologies, which guarantees a comfortable temperature in the apartment at any time of year. There are only 9 apartments in the complex, which means residents will enjoy a high level of privacy.

2-bedroom apartment in Panthea

A large apartment in a quiet and peaceful area at an exceptionally low price for Limassol. This is a profitable investment and purchase: living here with a family will be especially pleasant. Features of the apartment:

1. 1st floor out of three;
2. 2 bedrooms, 2 bathrooms, living room + kitchen, terrace and balcony;
3. in the complex: elevator, storage room, parking space;
4. turnkey finish for living.

The area is known for its calmness and family atmosphere. This option can also be considered for long-term rental.

2-bedroom apartment in Panthea

Another option in Panthea for those looking for a peaceful place to live or a reliable source of promising investment. This option differs from the previous one by having more thoughtfully designed complex facilities: there is a swimming pool and a gym, and the apartment itself is 10 m2 larger.

2-bedroom apartment in Kapsalos

Kapsalos is a successful location at the “intersection” of infrastructures: resort and everyday. On the one hand, nearby is Germasogeia with its family-friendly establishments and quiet atmosphere; on the other hand, there is a resort district with all kinds of entertainment and a luxurious sea coast. The apartment in a cozy small complex has the following features:

1. 2nd floor out of four;
2. 2 bedrooms and 2 bathrooms, living room + kitchen, large terrace;
3. view of the sea and surroundings;
4. complex amenities: swimming pool, two gardens, parking, elevator, storage room.

The purchase of this apartment may prove to be extremely profitable, as it is currently under construction. This means it can be purchased at a price at least 10% lower.

1-bedroom apartment in Germasogeia

A compact option, maximally adapted for rental. The well-maintained large complex offers maximum amenities, has a modern appearance, and excellent potential for property value growth. The small apartment has the following features:

1. 2nd floor out of five;
2. 1 bedroom, 1 bathroom, living room with kitchen, huge scenic terrace;
3. complex amenities: elevator, swimming pool, sauna, gym, walking area, storage rooms, coworking lounge, children’s and sports playgrounds, parking;
4. convenient access to infrastructure for living and leisure;
5. the sea and beaches can be reached by car in a few minutes.

The apartment is excellent not only for rental purposes, but also for permanent residence for those who work in Limassol or come here to relax.

Read also:

1. How to buy property remotely in order to quickly obtain permanent residence and move to Cyprus?
2. Buying property in Cyprus with cryptocurrency
3. How to sell a mortgaged apartment in Cyprus: personal experience.
4. Land Registry Department in Cyprus
5. Mortgaged property in Cyprus