Limassol has secured itself as a favorite destination for investors worldwide; it fulfills all the factors required, such as safety, climate, political stability, modern infrastructure, health and education, and economic growth.
Let us not forget that Cyprus is the third largest island in the Mediterranean Sea, and boasts an excellent strategic position, located at the crossroads between Europe and the Middle and the Far East. This encourages the tourism industry with more than 4 million sun-seeking tourists landing at Cyprus ‘state-of-the-art international airport.
Limassol is the second largest city in Cyprus and is well-known for its finance industry, ranking as a top Forex hub with over 250 regulated Cyprus Investment Firms listed by CySEC. The majority of the companies are foreign owned but they are attracted to Cyprus because of its strict regulatory framework and solid customer protection laws.
At a time when many countries in Europe are experiencing economic hurdles, the economy in Cyprus is recovering fast with a special surge in the housing market. International buyers are queuing up to buy properties in Limassol; and foreign investors accounted for more than 50% of property buyers in 2018, according to the Land Registry office.
The time to invest is definitely NOW as property prices have no plans of slowing down as the RICS Cyprus Property Price Index for 2018 shows: the price value of flats increased by 7.6%, houses by 4.8% and office space by 11.6%. So whether you are a buyer or a seller, think no further, invest now!
Massive construction projects are evident all over Limassol, with its picturesque seafront peppered with luxury towers and new developments, many of these being the outstanding work of the Zavos Group.
Zavos projects cater to all your needs: from cozy, family townhouses a stone’s throw away from the busy seafront area(Limas Residences), and spacious villas tucked away in up and coming villages, like Pyrgos, Germasoyia and Palodia, (Sun Valley Villas Phase I and II)(Bel Air Mansions)to sprawling apartments in high-rise towers overlooking the dancing waves of the Mediterranean like TheAddress by the Sea and Limassol Corniche. Let’s not forget the impressive luxury residential tower of Limassol Del Mar, which oozes luxury living.
With client satisfaction as their main priority, and a commitment to providing an excellent service, assistance, and guidance, Zavoswill accommodate your every whim and provide you with your perfect home; with nearly 40 years of experience and an enviable portfolio of top-notch luxury properties, you will definitely be taking the next big step with an award-winning and reputable real estate expert.
Wait no longer and invest, and start your new life in Limassol!