Is Limassol an expensive city?
Limassol remains the most expensive city, largely due to its high rental and dining costs, but it also offers the strongest investment fundamentals. Limassol: Cyprus’s Priciest City Situated on the southern coast, it has transformed into a thriving commercial and financial hub, renowned for luxury residential developments, upscale shopping districts and a sophisticated marina.The best time to visit Cyprus is either side of the peak summer heat, in the months of May, June, September and October. During these months, the temperatures are warm enough for swimming, but not uncomfortably hot. Also, the crowds are much thinner, so it’s easier to enjoy the sand, sights and more active pursuits.Limassol’s property market is the most expensive in Cyprus, with high demand driven by limited supply, international business presence, and its seaside lifestyle. Rental prices vary widely depending on location, size, and whether you’re looking at an apartment or a house.Clothing to Pack for Cyprus For the beach towns and cities – It’s hot and humid, so pack accordingly. Shorts, lightweight dresses, sandals, etc. Oh and don’t forget your swimwear! For Cyprus, – Jeans and comfy shoes.
How many Russians live in Cyprus?
Following Russia’s annexation of Ukraine’s Crimea region in 2014, many Russian businesses relocated to Cyprus to dodge international sanctions. The full-scale Russian invasion of Ukraine in 2022 brought another influx, with an estimated 50,000 Russians and Ukrainians seeking refuge on the island. Yet, until the war in Ukraine broke out, Cyprus had benefited from economic ties with Russia. After the collapse of state socialism in the USSR, Russian businessmen deposited their funds in Cypriot banks and invested in the island. In the meantime the country became a popular destination for Russian tourists too.
What is Limassol Cyprus best known for?
Today, Limassol is the second largest city in Cyprus and hosts the island’s main port. It is renowned for its extravagant annual events, attracting numerous visitors from both the island and around the globe. Tips for Visiting Limassol The old center, spreading around Limassol Castle, is relatively compact and easy to walk around. Other than this, you may want to unwind at the yacht marina or explore the shops. Realistically, though, many of the island’s most interesting attractions are outside Limassol.The nicest part depends on your preferences. For historical charm and scenic beauty, Paphos is a top choice. If you prefer a lively urban setting with beachfront attractions, Limassol is a great option.The Old Town of Limassol comprises a series of narrow streets branching out from the city’s old fishing port. Home to busy shopping streets and intriguing historic attractions, this vibrant area of the city is equally popular with locals and tourists.Limassol is perfect if you’re looking for sun-soaked beaches, a lively promenade, and a taste of modern Cypriot life, while Nicosia provides a rich blend of history, culture, and a more traditional feel.
Where do the wealthy live in Cyprus?
Esentepe – The Coastal Riviera of North Cyprus Esentepe is one of the fastest-growing and most exclusive areas along the northern coast. With its close proximity to the Korineum Golf & Beach Resort and breathtaking views of the Mediterranean, this is where many luxury villas and sea-view developments are located. Limassol, Cyprus has a vibrant nightlife, offering a diverse range of venues that cater to different tastes and preferences. The Limassol Marina is a hub of activity, featuring chic bars and waterfront restaurants where visitors can enjoy a sophisticated evening overlooking the sparkling Mediterranean Sea.After sunset, an infectious party atmosphere fills the air, as locals and visitors hit the town, giving Limassol its reputation as ‘the party town’ and ‘the city that never sleeps’.
Why do Indians go to Cyprus?
In 2025, Cyprus stands out as a powerful blend of opportunity and quality of life. The island’s thriving industries, business-friendly environment, warm Mediterranean climate, and rapidly developing professional networks make it an exceptional choice for Indians seeking overseas growth. Cyprus has a lower cost of living than the UK and many other European countries. The cost of living in Cyprus is 14. UK, with rent 20% lower, restaurant prices 19% more affordable, and food shopping 12% cheaper.Figure 2). During 2024, the United Kingdom was the most important source of tourism for Cyprus with a share of 34,0% of the total tourist traffic, followed by Israel with 10,5%, Poland with 8,3%, Germany with 5,7%, Greece with 4,5% and Sweden with 3,7% (Figure 3).According to the 2023 census, 719,252 respondents recorded their ethnicity as Greek, forming almost 99% of the 737,196 Cypriot citizens and over 77. Republic of Cyprus.The Republic of Cyprus is an island nation in the Eastern Mediterranean, known for its rich history and strategic location. In terms of GDP, Cyprus ranks among the top 100 countries in the world, with a GDP per capita that reflects a relatively high standard of living, especially compared to many European countries.Cyprus weather averages and climate As a result, its weather is among the hottest anywhere in Europe, which can make it too warm for some tourists at the height of the summer season. The surrounding coastline provides ample stretches of sea to bathe in and for water sports.