This is the most sought-after type of housing due to its low cost compared to others, as well as low maintenance costs. Apartments in Cyprus by the sea, of course, will cost you more than in remote areas, but here you will get more advantages: the demand for your property will always be high, because most tourists prefer to settle on the coast, and you can set a good price for the rental.
There are many offers of apartments in Cyprus, both in terms of layout and cost. You can buy an apartment on the sea cheap in Limassol – the most Russian city of the island. The most expensive and comfortable apartments are for sale in Paphos. You can very profitably buy an apartment on the sea from the bank (collateral), which at a cost will be significantly lower than the market. Secondary housing in need of reconstruction is also being sold at a low price. You can buy an apartment by the sea in this condition, make redecoration there and successfully rent it out or resell it more expensive. On average, the cost of apartments in Cyprus starts from 2500 euros per sq. M.
There are a lot of options for planning: studios, multi-room (counted by the number of bedrooms), penthouses, as well as apartments occupying the entire first floor.