Cyprus is associated with the sea, relaxation and comfort. And in order to provide guests and permanent residents with the most convenient and enjoyable time on the island, elite construction is actively underway. Basically, luxury facilities are being built in Paphos and Limassol – resorts with well-developed infrastructure, beautiful beaches and all the conditions for a comfortable stay for the most demanding guests of Cyprus.
To choose a place where to buy luxury real estate, investors, as a rule, are guided by the following important criteria:
• Climatic conditions and ecology
• Low tax rates and a transparent and stable legal system
• Developed infrastructure
In all these parameters, the Republic of Cyprus is at its best, so the purchase of elite real estate here is at an active pace, despite the steady increase in property prices. The island is located in the Mediterranean Sea, it has a comfortable climate, clear sea water and sandy beaches, as well as 330 sunny days, so the summers are hot and winters are mild. This is a paradise place where elite housing is in demand both for recreation during the high season, and as a permanent residence in the country.
In this article we will talk about the most popular offers of luxury real estate and its value.
Luxury villas – often the most expensive real estate
These are stylish and noble mansions with all the conditions for the comfort of residents and the picturesque local area. Luxury villas are most often two- or three-story, there are also options for one-story luxury housing. This type of property is ideal for families or large companies.
Luxury apartments: buying an apartment in a new building or an expensive resale
These are apartments near the sea or in the central areas of Cyprus resorts – the most sought-after type of luxury real estate among foreign investors. And the demand is high for both new buildings and secondary housing.
Apartments in the centers of business and cultural life of the country and comfortable areas of Cyprus, including the capital of Nicosia, are chosen by active people who like to be in the thick of things. Usually these are businessmen or wealthy youth. Luxury apartments in Cyprus – this is a luxury property, prices for which are largely dependent on the location of the housing. For example, the cost of an apartment (Ref. No. SL16301) in the center of Nicosia € 649,000 – for 111m2 of living space. Apartments in Limassol, on average, come out more expensive, but this is far from the limit.
Penthouses – luxury real estate in Cyprus with panorama view
This apartment is located on the top floor of the building, with its own terrace or private access to the roof. A high level of comfort, prestige and a picturesque city panorama are the reasons why this type of housing is chosen.
Four-Bedroom Penthouse (Ref. No. SL18958)in the prestigious area of Limassol (Agios Tychonas), and within walking distance from the beach, will cost € 9,200,000.
More affordable housing (Ref. No. SL18719),can be found in the picturesque, legendary Paphos. Here in a cozy area of Yeroskipou, a three-bedroom penthouse is for sale at a cost of € 1,000,000, for 160 m2.
As you can see, the range of prices for luxury real estate in Cyprus is very large. Estate of Cyprus company selects an option for luxury housing that will meet all your requirements and have a reasonable price. Luxury real estate for sale in the catalog on the site is presented both primary and secondary. Among the whole variety of objects, we will help you find the best and will help throughout the entire sale process, until the moment when you become the full owner of the apartment or villa.