Limassol has become a magnet for international companies, including those in the IT, financial services, and shipping industries. High professional salaries are driving demand for premium properties and supporting high prices. The city is actively developing its infrastructure: a marina, shopping malls, and luxury complexes are creating an attractive environment for a wealthy international clientele.
According to the latest data, the average asking rent in Limassol during the summer period reached €3,057 per month. By comparison, in Larnaca, the same figure was €1,277, more than half that. These figures reflect both the city’s economic attractiveness and the growing shortage of affordable housing.
The resale property market in Limassol is performing well. In the first half of 2025, the average resale price of homes was €527,252 (122 transactions), while apartments were €261,378 (201 transactions), confirming the stable demand for premium properties.
New developments in Limassol are targeting the needs of a premium audience, including large apartments and houses with 4-6 bedrooms. Strong demand from international tenants is keeping prices for luxury properties at exceptional levels.
Limassol combines a wide choice, high prices and attractiveness for investors, remaining the leader in the Cypriot premium residential property market.
