Top Spots for Living and Investment in Cyprus

The Republic of Cyprus is located in the southern part of the homonymous island in the east of the Mediterranean Sea.

Cyprus is divided into 6 districts:


  • Nicosia 
  • Paphos;
  • Limassol
  • Larnaca
  • Famagusta 
  • Kyrenia


Each of them is governed by homonymous cities.

Nicosia is the capital of the Republic of Cyprus. The northeast part of the island is governed by the Turkish Republic of Northern Cyprus, recognised by Istanbul only, further to occupation by troops in 1974. The population of Cyprus exceeds 1 260 000  people as of 2023 with the average life expectancy of 82 years.

Cyprus is -famous for its magnificent beaches and vineyards in the hilly part of the island. According to ancient legends, ancient Greek goddess of love Aphrodite was born from the sea foam not far from Paphos. Over its millennial history, Cyprus has accumulated a huge number of myths and cultural values reflected in the local customs.


Limassol

Limassol is considered an international business center of Cyprus. The city is actively developing with skyscrapers changing its landscape and more businesses relocating.


The majority of Russian-speaking population is concentrated in Limassol. The city's central location provides easy access to Larnaca and Paphos airports, which are only 45 minutes drive, as well as the beautiful the Troodos Mountains. Limassol has a well-developed infrastructure that satisfies all needs of its residents: public and private medical care, the largest selection of private schools, numerous Blue Flag beaches, historical monuments and other attractions, branded shops, entertainment for every taste, cafes, taverns, restaurants with national and international cuisine, and many projects for the development of the city. Real estate in Limassol is currently in great demand both for living and obtaining permanent residence, as well as for  investing to generate regular income.


Nicosia

The capital of the Republic of Cyprus is located far from the coast, therefore there is  less of tourists. However, this area is considered the most densely populated. The opportunity to purchase an apartment in Nicosia is an excellent solution for those who want to live in Cyprus all year round, strive for a developed infrastructure, but prefer to avoid the seasonal tourist influx.

Famagusta

Famagusta (“buried in the sand”) got its name thanks to the beautiful sandy beaches. The best beach resorts attracting tourists in the area are Ayia Napa and Protaras. The other part of the region under the control of the self-declared Turkish Republic of Northern Cyprus y  since 1974.


Larnaca

This region is currently actively developing and the proximity of an international airport contributes to it.. Most of the companies and infrustructure here are focused on meeting the needs of residents. However, if you purchase real estate in Larnaca, , you will rent it out easily , as the city is becoming more and more attractive for relocation and there are many  who would like to live in this beautiful place. This region is famous for its salt lake visited by flocks of flamingos every winter. Larnaca is home to one of the holiest places of pilgrimage ― the Hala Sultan Tekke Mosque for the Muslims, as well as the Church of Saint Lazarus for the Orthodox. There are several museums, archaeological sites and the ancient settlement of Khirokitia (Choirokoitia). Thanks to such a variety of attractions, beautiful Mackenzie Beach, proximity to the airport, real estate in Larnaca is  always  in demand both, for living and renting.

Larnaca's tourist zone center offers a good selection of restaurants, taverns and cafes. Of the theme parks, it is worth highlighting a donkey farm in the village of Skarina and a camel park in Mazotos.



Paphos


Purchasing a villa or an apartment in Paphos  will suit those who prefer privacy and leisure lifestyle. This region is particularly loved by the British.  It is famous for its natural beauty and a large number of architectural and historical monuments. There are some sights you simply cannot miss, such as Akamas, Polis, Rock of Aphrodite. Popular beaches of Paphosinclude Lara, Geroskipou, Coral Bay. The latter is distinguished by the gray-white color of the sand. On Lara beach, you can find rare green turtles protected by the state. 


The Paphos city, as well as the Paphos region, has a very developed infrastructure with several international private schools. Entertainment spots include a water park, zoo, horse and donkey farms, as well as numerous golf resorts and a large number of cafes, bars and taverns. The second-largest airport in Cyprus is also located near Paphos.



Kyrenia

This small-sized region of Cyprus is under the control of self-declared Turkish Republic of Norther Cyprus. The region  is famous for its quiet harbors with dozens of boats, bright greenery stretching to the Mediterranean Sea, as well as picturesque mountains with several ancient castles.