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Should you buy or rent an apartment in Limassol?

Posted by harps@themediapeople.co.uk on February 22, 2023
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From the sunny climate to the relaxing pace of life, you could spend a whole day listing the benefits of living in Limassol. However, before you can start enjoying the perks of living there, you’ll need to choose between an apartment for rent in Limassol and buying a property outright. Unsure which direction to go? We’ve rounded up some of the key factors to help you decide:

Choose an apartment for rent in Limassol if:

  • You are not ready for the responsibility of home ownership
  • You want a taste of life in Limassol
  • You have a job that requires you to move

You are not ready for the responsibility of home ownership

When you live a fast-paced, spontaneous lifestyle, who has the time to worry about looking after your apartment? While buying an apartment comes with big responsibilities – from the financial commitment to maintenance and repairs – renting gives you a chance to live out a few more spontaneous years. You can book a holiday or even live in a few different parts of Cyprus – the world is your oyster!

You want a taste of life in Limassol

With its exotic weather and a wealth of entertainment options, it’s not difficult to see why Limassol is a great place to live. However, if you are moving from another part of the world, you might not know exactly what to expect with an apartment here. If that is the case, renting an apartment in Limassol is a great way to experience the city before you commit to living here permanently. Rent an apartment in Limassol, and you’ll get a quick taster of everything the city has to offer.

You want to enjoy a luxury holiday

Are you looking to enjoy the sunny weather of Cyprus on an extended family holiday? Finding an apartment to rent in Limassol should be your first priority! Whether you want a villa or an apartment, you’ll be given a perfect platform to enjoy city life, the beaches and a host of entertainment options. After a day out exploring the city, you’ll be able to return to the comfort of your luxury apartment.

Choose an apartment for sale in Limassol if:

  • You are moving with family
  • You want to obtain permanent residence in Cyprus
  • You want a good investment
  • You want to wake up to gorgeous scenery every day

You are moving with family

Buying an apartment in Limassol is a no-brainer for people moving to the city with small families. Limassol is a perfect city for your children to flourish, and a home in Limassol is the perfect base to enjoy watching their childhood unfold. From the solid foundation of your home, you’ll get to take advantage of great schools, family-friendly activities, and gorgeous beaches that you can visit at your leisure!

You want to obtain permanent residence in Cyprus

Buying an apartment in Limassol is a great way to obtain permanent residence in Cyprus. Earning permanent residency down this path is considered a ‘fast-track’ option for anyone looking for permanent residency in Cyprus.

Wondering how it works? If you buy a property that amounts to at least 300 thousand euros, you gain a permanent residency permit as an investor in Cyprus. Best of all, this residency covers your whole family! Once 5 years have passed in your property, you then get the option to apply for Cyprus citizenship.

You want a good investment

Limassol isn’t just a great place to take up permanent residence – it’s also a fantastic opportunity for investors of real estate. As the demand is so high for people looking to rent an apartment in the area, buying an apartment in Limassol is a great investment. With its Blue Flag beaches, stunning weather and friendly locals, you’ll find tenants for your property in no time!

You want to wake up to gorgeous scenery every day

Most people who visit Cyprus only get to enjoy its charms for the duration of a short holiday. But if you buy an apartment in Limassol, you can enjoy this stunning city with no time limit in sight. You can take your time as you take in beautiful sunsets, dip your toes in the sand, and lose yourself in eye-popping natural scenery.

Whether you are looking to buy or rent an apartment in Limassol, Chris Michael Property Group can help you make the right decision. With a selection of high-quality villas, apartments and traditional homes to choose from, you can find your dream home in Cyprus today.

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