Cyprus is a small island which makes land a rare commodity, this commodity cannot be manufactured or reproduced. With an ever increasing population growth and migration to towns and cities the demand for housing constantly keeps increasing. As towns and cities continue to increase in size the demand for surrounding land to be developed upon, increases also. This naturally makes land a very attractive investment proposal.
In Limassol especially, the lack of developable land, has pushed land prices to have an even greater percentage increase than the increase of house prices. When buying land though it is important to be guided correctly by experts who know the zoning regulations, the building factor but most importantly the decisions around the cities’ expansion over the next few years. Whether you are looking for a commercial plot, a residential plot, or a piece of agricultural land for future development, let our many years of experience help guide you. Over the past years we have seen many areas where land has brought a steady 8-12% average annual increase in value.
With many new projects under development in Limassol, such as the Limassol Marina, the Technological University, the technological park, the third bypass and three new Golf courses there are many strong investment opportunities available.
