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Limassol’s emerging development is no news of the hour; Cyprus’s most well-developed coastal city has always been a recipient of fast growth and a cosmopolitan lifestyle reinforced by its inclusive nature in becoming home to thousands of foreigners. The real estate market, to be currently found at a constantly booming curve, is testament that Limassol offers an unparalleled experience not only island-wide but also region-wide: an effortless seafront living, a top-notch human resource capital made of locals and foreign employees and a business-oriented industry, welcoming global organisations and initiatives.
Stretching from its far West and the development of a previously underdeveloped area, western Limassol will host the first casino resort on the island, a large-scale project reaching far beyond its immediate activities. With hundreds of job openings, real estate potential, subsidiary economic activities and acting as a tourist attraction (of an estimated 300,000 tourists annually visiting as of 2021 when it will first open), the City of Dreams Mediterranean, Cyprus’s first integrated casino-resort, further adds to Limassol’s global destination profile.
At its far East, Limassol is host to impressive and ambitious real estate developments, composing of high-rise towers, both for commercial and residential use. Ideal to enrich the property portfolio of any professional investor or families who wish to relocate to a sunnier, healthier and more relaxed city, the development of these real-estate projects translate the idea of living on the sea into a real and tangible dream.
Throughout the city there are developments which either completed or are meant to complete the puzzle of a city re-inventing itself based on international standards. The Limassol Marina, an impressive project attracting international jet-setters, the renovation of the Old Port, the development of the Cyprus University of Technology and the opportunities higher education provides not only to students but also to investors (through the development of innovative halls of residences throughout the historic city centre), the relocation of global companies now headquartered in Cyprus and the constant development of new hotel units, offering a new experience in hospitality are a few examples of why Limassol is as unique as its residents fervently support.
ideal to enrich the property portfolio of any professional investor or families who wish to relocate to a sunnier, healthier and more relaxed city, the development of these real-estate projects translate the idea of living on the sea into a real and tangible dream.
To find out more about real estate development opportunities in Limassol, contact Arto Estates at [email protected]