Cyprus has long been synonymous with luxury, the sea, and unparalleled comfort. The island’s luxury property sector is flourishing, offering both visitors and residents unique opportunities for relaxation and living. Estate of Cyprus can help you acquire luxury real estate in the most prestigious areas of Cyprus, including Limassol, Nicosia, Paphos, and other cities. We work exclusively with reliable developers and trusted sellers of secondary properties to ensure that you can buy your dream home quickly, conveniently, and advantageously.
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Features of luxury real estate in Cyprus
Luxury real estate in Cyprus is distinguished by high-quality construction, well-thought-out infrastructure, and stunning sea views. Most luxury properties are located in Limassol and Paphos—resorts with developed infrastructure and beautiful beaches, offering all the amenities for the most discerning guests.
Key selection criteria
When choosing luxury real estate in Cyprus, investors consider several key factors:
- Location: Prestigious areas with developed infrastructure and easy access to beaches.
- Size and layout: Options range from spacious apartments to luxurious villas.
- Infrastructure: Availability of shops, schools, medical facilities, and transport accessibility.
- Return on investment and rental income: High rental demand and good liquidity.
- Quality of materials and amenities: Modern materials and technical solutions, well-maintained grounds.
Benefits of buying luxury real estate in Cyprus
Cyprus attracts investors and affluent individuals from around the world. Here are some reasons why you should consider buying luxury real estate on this island:
- Developed economy and high standard of living: Cyprus is actively developing and offers a high quality of life.
- Favorable tax policy: Attractive conditions for foreign investors and easy loan arrangements.
- Constant tourist influx: High demand for premium rental properties year-round.
- High liquidity: Potential for profitable resale of property after a few years.
- High-quality construction: Luxury properties are built with certified materials and feature modern interiors.
- Developed infrastructure and security: Prestigious residential complexes are equipped with everything necessary for comfortable living and are secured around the clock.
Luxury homes and villas in Cyprus
Luxury homes and villas in Cyprus offer residents a unique blend of style, comfort, and luxury. These are often two- or three-story mansions with picturesque grounds and modern designs. For example, a stunning villa in Limassol Marina with sea views and a private pool may cost around €3,700,000, while a spacious six-bedroom villa in the Kissonerga area of Paphos could be priced at €1,450,000.
Luxury apartments in Cyprus
Luxury apartments located near the sea or in central resort areas are among the most sought-after types of luxury real estate in Cyprus. These properties are particularly popular among foreign investors. They are ideal for active individuals who value being in the heart of the action.
Luxury apartments are often chosen by businesspeople and affluent young professionals. Prices for these properties depend on the location: for example, a 111 m² apartment in central Nicosia costs around €649,000, while apartments in Limassol closer to the sea can be significantly more expensive.
Luxury penthouses with city panoramas
Penthouses in Cyprus are upper-floor residences with private terraces and impressive views of the city or sea. These apartments offer a high level of comfort and prestige.
For instance, a four-bedroom penthouse in the prestigious Agios Tychonas area of Limassol, within walking distance of the beach, starts at €3,000,000. More affordable options can be found in Paphos, where a 160 m² penthouse in Yeroskipou with three bedrooms is priced at €1,000,000.
Luxury offices in Cyprus
Cyprus also offers luxury office spaces designed for the convenience of their owners and to emphasize their high status. These offices are located in prestigious business districts of Limassol, Nicosia, and Paphos, featuring spacious parking lots, developed infrastructure, and elegant designs.
Luxury offices are equipped with all the necessary amenities for comfortable work, including reception areas, coworking spaces, meeting rooms, dining areas, lounges, fitness centers, and spas. Panoramic glazing is typical, providing abundant natural light in offices and spacious halls with modern interiors.
Luxury real estate in Cyprus in 2024
In 2024, the luxury real estate market in Cyprus continues to attract investors and private buyers thanks to its unique combination of luxury, quality, and prime locations. High-quality villas and apartments with modern designs are situated in picturesque areas of the island, offering stunning sea views and convenient access to local amenities and entertainment.
Limassol – the center of luxury
Limassol remains one of the most popular locations for purchasing luxury real estate in Cyprus. The city is known for its luxurious villas and premium-class apartments in prestigious areas. Here, modern architecture, exclusive design, and high-quality building materials come together. Prices for new two-level villas on the seafront start at €2,190,000 for a 298 m² villa.
Paphos – sophistication and tranquility
Paphos attracts those seeking seclusion and tranquility combined with luxury. Villas and apartments in this area are often located near golf courses, offering stunning views and a high level of privacy. Prices for luxury properties here start at €2,408,000 for a 318 m² villa.
Coral Bay and Chloraka areas
Coral Bay and Chloraka offer exclusive villas and apartment complexes located just steps away from picturesque beaches. These areas are ideal for sea and nature lovers who want to live in luxury amidst the beauty of the Mediterranean. Here, luxury villas near the sea are available starting from €621,000 and €963,000 respectively.
Features of buying luxury real estate in Cyprus
The process of purchasing luxury real estate in Cyprus in 2024 includes several stages, such as legal due diligence, obtaining purchase permits, and registering ownership. It is recommended to use the services of professional agents and lawyers to ensure the safety and legality of the transaction.
Assistance in buying luxury real estate in Cyprus
We offer a wide selection of luxury properties, including both primary and secondary real estate. Our company will help you choose the best option, taking into account all your requirements. We provide legal support for the transaction, assistance in negotiations with the seller, and verification of all property documents. In addition, we offer high-quality after-sales service.
Contact us through the feedback form on our website, and our consultants will provide personalized offers and arrange property viewings. We will do everything to make the buying process as comfortable and successful as possible for you.
