Last Updated on July 17, 2021 by Arina
Hello friends how are you all? Today we are going to talk about the Pros and Cons of Living in Limassol, Cyprus. Have you been recently posted for a work assignment, applied for an academic program, or planning to spend your holidays in Limassol? Relocating to another country requires advanced planning and research. You’ll need to check the lifestyle and what to expect in the country. Not only will you traverse geographical boundaries and meet different rules and regulations, but you will also have to adjust. Above all, you need to be pre-informed about the experience of living in a foreign country. In this case, you need to ask an expert for help with houses for sale in Limassol.
Just like other cities elsewhere, living in Limassol has its own benefits and drawbacks. Therefore, before you vacation or consider the houses for sale in Limassol, you should know about the pros and cons.
Pros And Cons Of Living In Limassol, Cyprus
Cyprus, and by extension, Limassol is a great place to vacation or make a home. This is among the wide range of houses for sale in Limassol. As the most sought-after city in Cyprus, living in Limassol has more benefits than disadvantages.
You Get the European Union Experience When You Get Houses for Sale in Limassol
Being a city in southern Cyprus, living in Limassol gives you several privileges. This includes settling in the houses for sale in Limassol. You can travel freely across Europe, transact business and even invest in other countries within the EU. This is an advantage you will have over other people living in non-EU countries or states. This, therefore, means that you can enjoy facilities in Limassol and across Cyprus. It’s just like what is in other EU countries.
Obtain Permanent Residency or Cypriot Citizenship by Investment
Among the various investment programs in Cyrus states like Limassol is residency or citizenship by investment. Did you know that with over 2 million Euros, you can gain citizenship? And with about 300,000 Euros, you can buy residency permanently. And it doesn’t end there! You and your immediate family members can become residents or citizens of Cyprus! The easiest way to do this is investing in the houses for sale in Limassol. In just 6 months you can get your citizenship or residency!
Great Scenery and Warm Weather All Year Long
If you wish to enjoy the sun, scenic views, and vacation at the same time, then Limassol in Cyprus is your ideal destination. You can equally consider the houses for sale in Limassol or just rent a luxury villa or apartment by the sunny beaches or in the beautiful suburbs. What is more exciting is that this warm weather goes on for the whole year. It hardly gets cold unless you are near the Troodos Mountains. While days are generally warm, nights are somewhat chilly; though the weather is generally summer-like.
Lower Crime Rate
Cyprus in general is a safe country for its residents and foreigners. Limassol being a major city in the country is particularly very safe. Since the residents are hospitable and friendly, you will find your experience in Limassol quite peaceful and fun; without fearing for your safety. If you were to assess the houses for sale in Limassol, you would realize that the lower crime rates contribute to their desirability.
It goes without saying that anything good always has its bad side. While the benefits of living in Limassol far outweigh the disadvantages, it is, however, important to highlight them.
Higher Cost Of Living
While most towns and cities in Cyprus are fairly affordable, the cost of living in Limassol is quite high. There are many houses for sale in Limassol but this does not make it easier on homeowners and investors. Houses are very expensive compared to other cities. This is because of the great locations. Not only is the general lifestyle expensive in Limassol, but its cosmopolitan nature creates a high demand for items and amenities. Houses for Sale in Limassol also operate on the same logic. The best locations in Cyprus are in Limassol. These attract investors who set up high-end structures in the lush locations. This high demand increases the value of the houses, hence making them expensive.
Technology and Digitalization Is Low
There is nothing more frustrating than doing things manually in this digital age. What’s even more disappointing is dealing with slow internet connectivity and speeds. While the experience in other towns in Cyprus is worse off, Limassol is way better but still unsatisfactory.
Most government departments operate on a manual system of processing requests, transactions, and other key services. Worse still, there is a lot of bureaucracy when processing anything from a change of school, buying a house, or starting a company. It is even worse for investors seeking houses for sale in Limassol. While processing any documentation, you have to move from office to office seeking approvals; which can be quite disheartening.
Depending on where you are moving to, living in a foreign country can be both challenging and exciting at the same time. You may suffer from a high cost of living if you are not financially stable. You may also find a hostile working environment or have a hard time with the laws of the foreign land. On the flip side, life could just be amazing in the new country. Whichever the case, it is better to prepare before making that big decision of living in a foreign land.