Regions Of Cyprus For Investment

Geography and Demographics
The Island Of Cyprus
Location: Cyprus, with an area of 9,251 km² and coordinates at 35°N and 33°E, lies at the crossroads of Europe, Africa and Asia at the crux of the busy shipping and air routes linking the three continents.
Population:  The   population   of   Cyprus   is   about 847,000 (2016). The capital of Cyprus is Nicosia (Lefkosia), situated at the heart of the island with a population of approximately 336,000. The second largest city is Limassol (Lemesos) on the south coast with a population of approximately 241,000 and the island’s major port. Larnaca and Paphos are the third and fourth largest cities, each with a new airport, situated on the south east and south west coasts respectively. Finally, Famagusta is an Eastern least populated district that comprises mainly the popular resorts of Ayia Napa and Protaras and is the non-occupied area of the greater Famagusta region.
Climate: Cyprus has a pleasant Mediterranean climate, enjoying year-round sunshine, with mild winters (mean daily minimum 5°C and maximum 13°C) and sunny, dry summers (mean daily minimum and maximum temperatures are 21°C and 36°C respectively).
Below you can have a look at Cyprus on the maps
Cyprus Real Estate
Propertylink is a Registered and Licensed Estate Agency and one of the Leading companies in the Cyprus Property Market.
Whether you invest through the Cyprus Investment program in order to receive a citizenship or a permanent residency; or simply to have a property in Cyprus for holiday use; discover our limitless opportunities and how we can become your property partner in Cyprus.
The Cypriot Real Estate Market is experiencing growth rates since the interest of foreign investors in Cyprus properties keeps growing. This is primarily due to the Cypriot government’s initiative regarding the Cyprus Citizenship Program, the permanent residency program as well as the various tax incentives offered. In 2017, large-scale projects for residential, commercial and hotel units as well as marinas and casino resort have been planned to start or approved to happen. The interest for any Cyprus property type, land acquisition and development especially in the coastal regions of Limassol, Paphos, Famagusta and Larnaca is on the rise. Real estate in Cyprus is a profitable investment with guaranteed rental income, besides its excellent conditions of safe and comfortable family living.
PropertyLink will answer all questions and assist you in buying an apartment or house/villa in Cyprus. According to your preferences, we will be happy to provide you a detailed advice, legal and immigration support and assist you with all financial aspects. Through our extensive services you can have access into free selection of properties within our large property database in all regions of Cyprus as well as in Greece and Greek islands.
Buying property in Cyprus will be a reliable future investment if you entrust a reliable and licensed real estate professional. Along with the purchase of residential and commercial Cyprus property or plot of land to develop, we can help you and your family, to secure residency in Cyprus; either by obtaining the Permanent Residence Permit within 90 days or the European Citizenship through sustainable investment property (ies).
Limassol City
Limassol is second largest city in Cyprus after Nicosia. It is a major business, cultural and educational center of Cyprus. It is a kind of a geographic center of Cyprus located at equal distance from Paphos, Larnaca and Nicosia.
Limassol is a wonderful place for doing shopping. The popular events such as Cyprus Carnival and Wine Festival take place there. Major infrastructure projects are implemented there, construction of one of the largest marinas in the Mediterranean (per 600 yachts including 70 mega yachts). There are many English schools as well as higher education institutions there.
Business and cultural life is perfectly well combined with resort life in Limassol.
Limassol stretches along the sea. The coastline (which is nearly 15 km long) represents a continuous sandy beach. Historical monuments (ancient towns, medieval fortresses and etc.) are clustered around Limassol.
The tourist area is located in the Eastern part of the city. There are four and five-star hotels with appropriate infrastructure, lots of restaurants, bars, clubs, SPA and etc. there. Eucalyptus grove stretches for several kilometers along the sea.
There are hills with beautiful views to the city and the sea northwards and north-eastwards of Limassol. Prestigious nearest suburbs of the city – Kalogiri, Agios Tychonas, Germasogeias, Agios Athanasios, Ayia Phyla and others are situated on hills.
Villages popular among foreigners who are fond of solitude and peace are located in 15-20 minutes’ drive from the city. North-westwards of Limassol it is Souni (on a hill with beautiful views surrounded by a pine grove). Eastwards of the city those are the villages of Moni, Pyrgos and others.
30 km northwards of Limassol there are Troodos mountains with fantastic pine forests, natural springs and even waterfalls. The places there are really splendid, the air is ozone-filled, the mountains offer sea views of both Southern and Northern coast of Cyprus. There are ancient churches and monasteries there too as well as picturesque villages where one can have a robust dinner in a tavern. There is snow cover in the mountains in winter and one can go skiing there.
Limassol is the most expensive (in terms of property prices) city of Cyprus.
Limassol Real Estate
The Limassol Property Market is also the flagship of Cyprus real estate market. A Limassol property is considered the top end of Cyprus property, both in design and quality.
Properties for sale in Limassol, are considered the most expensive all across the island but the same time are considered the most solid investment in Cyprus properties
Many Limassol high-rise buildings are under construction; designed and sold to Cyprus property investors applying for the Cyprus Immigration Investment program through beautiful Limassol apartments and villas.
Limassol property investor will also enjoy the best return and yields from his investment via long and short-term rentals, in some cases rise over 7%. 
Alternatively, the Limassol property market has not only residential properties but also commercial properties and offices. Limassol commercial and office Limassol properties enjoy again the highest yields and returns from any other region in Cyprus.     
Besides the international atmosphere the city has, Limassol is also one of the finest cities to live and retire. According to the Knight Frank Global review, in 2017 was rated as the fifth best place to retire.
Limassol offer a beautiful sandy beach all across its 15km coastal road that runs through the city east to west.  
Many luxury Limassol properties, apartments primarily but villas also,  enjoy not only the low proximity and walking distance  to the beach but also the variety of many amenities such as restaurants, clubs, bars and other places of entertainment which attract tourists. 
Because of this reason Limassol property rental is a big business and it is considered comparable the best in the island; attracting investors for Limassol apartments but also retirees for the Limassol villas on the outskirts of the city. 
Limassol hosts the second biggest university of the island, the Cyprus Technological University (TEPAK), located in the core of the old city since 2003. The growing student community rejuvenated the old town, by creating many businesses around it.  
Old town Limassol property buildings for sale are continuously in high demand cause they enjoy certain privileges and guarantee student annual returns and yields. 
Coffee shops, restaurants, bars are also found now in the university area, which on the west is now connected with the historical castle and the Limassol marina. Limassol district is by far the best place to invest. Seeking either a retirement house, an apartment for permanent leaving or a pure investment aiming returns. Buying a property in Limassol is the best asset that somebody could have, making money and same time enjoy the luxury and international social life of Limassol.
Paphos City
Paphos is a beautiful city, which used to be the ancient capital of Cyprus. It is designated as world cultural heritage in the UNESCO list. Among foreigners this place is particularly favored by Englishmen. Eastwards the district borders with picturesque mountains of Troodos and northwards with the national Akamas park famous for its virginal nature.
Paphos is a lovely place for holiday-making. There are museums, historical monuments, splendid hotels, restaurants, taverns and a complete set of tourist infrastructure there. However Paphos is a perfectly comfortable city for permanent residence as well. Paphos is a full-scale city: there are many shopping centers and supermarkets, good English schools.
Paphos is a very green city. Traditional English approach to improvement of plots attached to houses and to landscaping is evident there.
The nearest suburbs of Paphos are Chlorakas, Geroskipou and Konia. Still further (northwards of Paphos) there are villages of Tala, Peyia and Tsada popular among foreigners. 20 km eastwards of Paphos there is a golf-resort recognized as one of the best in Europe. Residential property at the resort is represented by both apartments and high level townhouses and villas.
Paphos Real Estate
The Paphos Property Market being the smallest and most authentic town and region of Cyprus holds also the second place after Limassol in Cyprus property market. 
However, the Paphos property market, till today, was always the number one property market in Cyprus for holiday homes and retirement. 
The Paphos apartments and Paphos villas were always the first choice to British people primarily, to their step into a quality and quite life.
The Paphos property market over the years, have become a product high in demand combining both design and quality.
Paphos properties are nowadays considered in many cases equally expensive as in Limassol especially in certain areas of the town, centrally and by the coast. 
Reselling was always a good business due to the high demand and now that Rental business is giving also high yields, Paphos property has become ideal for anybody, locals and foreign investors.
Paphos properties are highly considered and chosen by many under the Cyprus Immigration Investment Program and the Cyprus Residency program. 
Certain Paphos apartments built within very luxury projects and many Paphos Beach Front Villas offering high class quality have targeted by investors and high profile individuals, seeking to enjoy a perfect lifestyle. 
Paphos region is hosting also the three largest gold resorts of Cyprus. Many exclusive Paphos golf properties can be offered to Cyprus property investors and golf lovers. 
The Paphos golf courses, the big hotel resorts, and the future Paphos marina all are touristic product that enriching the Paphos Property market and Paphos region in general.
Larnaca City
Larnaca is third largest city in Cyprus (after Nicosia and Limassol). There too just as in Limassol and Paphos urban business life style is combined with that of resort.
The first British University in Cyprus – UcLan Cyprus, which is a branch of the well-known Central Lancashire English University operates in the Eastern suburb of Larnaca, Pyla. Another educational institution is a private English school, American Academy that was repeatedly recognized as the best in Cyprus.
Large-scale infrastructure projects are implemented in Larnaca. They turn the city into a first-class tourist center. Construction of a passenger port is under way. This will become the main tourist sea hub of the country. A marina for yachts is also being reconstructed and extended.
Finikoudes seafront in the historical center of Larnaca which probably represents the most beautiful coastal promenade in Cyprus is worth mentioning. Many people catch a likeness to the famous English seafront in Nice. Going a little deep into Finikoudes you will find yourselves in the atmosphere of old Europe – there are cozy narrow streets and paved pedestrian areas with numerous stores and boutiques.
Southwards of Larnaca on the coastline there is a popular tourist area and a beach bearing the same name of Makenzie. Still further there is an international airport and a salt lake where pink flamingos come in autumn. The main tourist area where the majority of foreigners live is located along the coastline in 5-10 minutes drive in a car north-eastwards of Larnaca along Dekelia Road. There are also many hotels, well equipped beaches, restaurants, taverns and the whole required infrastructure for holiday-making.
The nearest suburbs of Larnaca popular among foreigners – Pervolia in the South, Tersefanou in the West, Oroklini and Pyla in the North-East. The area around Larnaca is relatively flat. Nevertheless Oroklini area offers beautiful views to the sea and the city.
Famagusta Region (Protaras and Ayia Napa)
Ayia Napa and Protaras resorts are located in the administrative district of Famagusta. Perhaps the best beaches in Cyprus with white sand and particularly transparent azure water are there in the East of the island.
Protaras and Ayia Napa are purely resorts.  The life there is in full swing during the season (from May to November) and it comes to a standstill at other times of the year. Immovable property there is purchased solely for holiday-making purposes.
Protaras is a peaceful resort for a family vacation. As to Ayia Napa night clubs, disco clubs and all kinds of seaside recreation, trips in buggies and all terrain vehicles and some very special aura of all-absorbing joy turn Ayia Napa into the most favorite place among the youth. There is good reason why people refer to Ayia Napa as the Ibiza of Cyprus.
A little off Ayia Napa and Protaras in a few kilometers from the sea there are Cyprus villages with their traditional country tranquility and peace. The property (both apartments and houses) there is rather inexpensive. Many people prefer to purchase dwelling for holiday-making just there when beautiful beaches are located only in 5-10 minutes drive in a car.
Larnaca Real Estate
The Larnaca property market is considered the least developed in Cyprus. Due to various reasons such as government planning, local authority strategies and decisions, as well as local and overseas demand, kept the prices of Larnaca property lower than other regions of Cyprus. In many cases, especially during the years of 2016, 2017 and 2018 Larnaca properties were even 35% lower than Limassol properties and up to 25% lower than Paphos properties and Famagusta properties
Many Cyprus Property investors over the last 3 years have taken advantage the low prices of properties in Larnaca. They have invested in Larnaca apartments in prime areas in the center and in Larnaca villas and Larnaca detached houses by coastal areas.
Due to this fact and some other reasons, Larnaca property prices have increased and today have almost matched in certain areas prices of Limassol propertyPaphos property and Famagusta property. Investors through their Larnaca property investment have gain very good property yield; either a capital yield by selling their property or rental yields by renting them ; all because of the investors belief and the right timing of investment into the Larnaca property market.
Cyprus government and all local authorities, the last 2 years are also planning major projects in Larnaca. They want to transformed the city into a modern European city with facilities and projects adding value to the quality life of locals, foreigners, investors and tourists. Larnaca property is now on the same track as in all other Cyprus property regionsLarnaca apartments in exclusive projects by Finikoudes promenade are now equivalent in demand but also in price with Limassol apartments. For Larnaca beachfront villas and Larnaca houses although prices have gone up, still there is a price gap from similar Limassol property and Paphos property are also now in demand by local and overseas buyers. The future of Larnaca property is probably at the moment the greatest within the Cyprus property market and industry.
Nicosia City
The capital of the Republic of Cyprus – Nicosia is located in the center of the island. It is a contemporary European city where the authorities, diplomatic missions of foreign states, headquarters of many Cyprus and international companies are concentrated.
As the city is at a distance from the sea the property there is purchased by the foreigners who work in Nicosia on a permanent basis.
The nearest place from Nicosia on the coast is a tourist area of Larnaca – Dekelia Road which is approximately 40 km away from the capital. Nicosia residents often purchase another property for their own use there as well as in Protaras area where they spend their spare time.
Nicosia Real Estate
The Nicosia Property Market like any other European capital has always both, residential property demand and commercial property demand, primarily local demand and only very little from overseas. Nicosia apartments are high in demand especially in the center while Nicosia detached houses and villas are mostly demanded in suburban areas.
Nicosia University apartments are also very high in demand due to the high expansion of educational industry in Cyprus. Many investors looking to buy University Nicosia apartments cause of the high yields and Guarantee Rental Income. Also Nicosia Center Apartment is a product very appealing to many wealthy people cause is proven to be a valuable investment.  
Nicosia has also a very big commercial demand. Nicosia offices for big legal and financial firms as well as Nicosia shops for retail business are always in demand.
Nicosia property is an asset that will always have demand. Living among the largest population area in Cyprus, Nicosia properties will always have a great resale value but also a great rental demand. Commercial properties in Nicosia, offices and shops are great investment and high yield products, providing in some cases over 5% rental returns.  
Famagusta Real Estate
Famagusta property Market had always great demand. Either locals or foreigners were looking for an Ayia Napa apartment or Protaras Beach front Villa or opposite, an Ayia Napa Beachfront Villa and a Protaras apartment. Owning a Famagusta property was always their escape for summer holidays in Cyprus.
Traditionally, and during times that the area was less developed, many people and foreigners from the UK and Scandinavia bought properties in Famagusta and now living permanently. They own in Ayia Napa detached houses and villas or in Protaras apartments and townhouses.
Nowadays, due to many factors the demand is high. Famagusta properties and especially the Ayia Napa apartments and Ayia Napa villas are product ideal for foreigners with high budget and investors. Ayia Napa and Protaras are areas that deliver excellent rentals and can be very good business. Ayia Napa Apartments have annual high yields while Famagusta beachfront villas and Famagusta detached houses have also demand for short and long term rent with good return.     
Famagusta property is enriched the last 3 years with marina villas and marina apartments. Ayia Napa marina resort and project is almost finished and investors can buy a Famagusta marina property with high rental yields. 
Famagusta apartments and Famagusta villas are product ideal for any type of demand.
For more information regarding Cyprus properties please visit Property Link Cyprus.

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