Cyprus real estate | Apartment development
Centro Limassol
Centro Limassol apartments: a luxury development in the heart of Limassol's Old Town, just a short walk from the sea.
Strategic location and
market potential
Luxury apartments for sale in central Limassol
Limassol is one of Cyprus's busiest financial, commercial, and tourism hubs, home to an international business community, modern infrastructure, and a dynamic Mediterranean city lifestyle.
A boutique development of luxury apartments, designed around privacy, contemporary architecture, and green space.
As a new-build purchase directly from the developer, an apartment here can meet the real estate investment requirement for Cyprus permanent residence (PR), and your application can also include your spouse and dependent children.
The central location is well placed for both long-term and short-term rentals, given strong demand for housing and holiday stays in Limassol.
Amenities and European-standard design
Private living and on-site amenities
- Rooftop infinity pool
- Outdoor gym
- Lounge and relaxation areas
- Parking with EV charging
- Landscaped grounds and quiet gardens
- Electronic access control and CCTV throughout the development
- Fire-rated security locks on apartment doors, and video intercom
- Modern underfloor heating linked to a heat pump, with reversible split-unit air conditioning
About
the developer
Cybarco – one of Cyprus's most established property developers
Track record and experience
- More than 80 years of experience
Founded in 1945, Cybarco is a core company of the Lanitis Group, one of the most respected private business groups in the Republic of Cyprus.
- Landmark architecture
The company behind some of Cyprus's landmark projects, including Limassol Marina, Trilogy Limassol Seafront, The Oval, and Akamas Bay Villas.
- End-to-end service
A commitment to superior build quality, with property management and professional rental support after handover.
Featured projects
Centro Limassol construction progress
Please contact IMM Group for the latest construction progress, unit availability, and project documents at the time of your consultation.
Owning real estate in Cyprus can be more than an investment and a way to hold wealth in euros. A home at Centro Limassol can also open a route to permanent residence in Cyprus, an EU member state, for you and your eligible family members.
Your pathway to
permanent residence in Cyprus
A qualifying real estate investment
An investment of at least €300,000 (approximately US$342,000) plus VAT in a new property bought directly from the developer.
Prepare your application
The application can include the investor, their spouse, and dependent children. In addition to owning the property, you must show a sufficient annual income.
Become a permanent resident
To maintain your status, you need to visit Cyprus at least once every 2 years.
Cyprus permanent residence is not the same as Cypriot citizenship, and it does not confer the right to live and work throughout the EU.
Benefits of
Cyprus permanent residence
What Cyprus permanent residence offers
Living in Cyprus
- You and your family can live and study in the Republic of Cyprus, and invest in business there.
- Access to a European standard of living, a Mediterranean climate, and an international community.
Education, business, and tax
- An education system shaped by the British model.
- A transparent business environment; corporate tax of 12.5% (as of August 18, 2026).
- Personal taxation depends on your tax residence status, your sources of income, and the rules in force.
Points to note about permanent residence
- Your rights to work and do business, and your tax treatment, depend on your individual circumstances.
- Cyprus permanent residence is not the same as Cypriot citizenship.
- The right to live and work in other EU countries arises only if the investor holds EU citizenship or a valid residence or work permit in that country.
Pathway to Cypriot citizenship
Hold permanent residence (PR)
Your permanent residence card is renewed every 5 years, provided you continue to hold the qualifying property.
Meet the residence and language requirements
At least 8 years of physical residence in Cyprus within an 11-year period, Greek at B1 level, and a pass in the official test on Cyprus's contemporary political and social life.
Cypriot (EU) citizenship
Dual citizenship is permitted. A Cypriot passport offers visa-free or visa-on-arrival access to more than 170 destinations.
Speak with an advisor about Centro Limassol apartments and
the Cyprus permanent residence pathway
Book a consultation
- An IMM Group advisor will contact you to discuss the details and assess the strength of your application.
- Your personal information is kept confidential under IMM Group's Privacy Policy.
Request a consultation
IMM Group is delighted to be of service. Please leave your details below,
and an IMM consultant will contact you with detailed advice and help assess your application’s chances of success.
We are committed to protecting your personal data and will only use it to advise on your family’s application.
