A FIVE STAR DEVELOPMENT

The Cyprus investment program has made Cyprus popular with international buyers due to the attractive package it offers as a destination. Cyprus can be reached with direct flights in just over four hours from London, Moscow and Dubai. The country also has a preferable time zone for business across the globe. Cyprus’ economy is growing at a faster rate than many of its EU partners, and offers a lucrative investment opportunity to buyers. 

The minimum investment requirement has been reduced to €2 million. Fast examination period of citizenship applications under the Program or dual citizenship process for real estate buyers with a five years exit strategy. This program is appealing to global citizens who spend their time between various destinations, as it not only grants the buyer but also the option for the whole family to obtain the citizenship and therefore travel to 157+ countries. 

Cyprus also benefits from zero inheritance, wealth, gift and immovable property taxes. Obtaining the citizenship is one of the reasons international buyers purchase property in Limassol, but certainly not the only reason. Buyers are also attracted to the Limassol lifestyle and the convenience of having a second home in the Mediterranean.

Limassol Del Mar's strong sales success has seen the luxury apartments of phase one sell out in ten months, which is testament to the project’s international appeal and indicates a rising demand for prime real estate in Cyprus. The sales triumph continues with the Signature Collection’s apartments selling faster than expected.