Neapolis

Neapolis is Limassol's premier coastal-yield district — alongside Germasogeia as one of Cyprus' best balance of yield + coastal-lifestyle character. The neighbourhood combines residential character with seafront proximity (Dasoudi Beach + Forest is the iconic adjacent green space, Molos Promenade is a short walk), tech-industry cluster adjacency, and the MyMall Limassol mega-mall (Cyprus' largest shopping centre). For property buyers, Neapolis delivers exceptional yield + coastal-lifestyle combination. Pricing €3,500-€4,000/m² — materially below Germasogeia (€5,000-€7,000/m²) and seafront prime (Marina €12K-€18K/m², Agios Tychonas €7K-€9K/m²) — but yields equally strong at 5.5-7.5%. Occupancy rates 92-95% with deep international tenant demand from local professionals, expatriates, and Golden Visa / PRP applicants. Tech-cluster adjacency (Limassol's technology cluster is the dominant Cyprus tech hub) supports tech-family rental fundamentals. Cyprus' €300K Permanent Residency Programme (Reg 6.2, brand-new residential only) applies; Neapolis new-builds frequently reach this threshold. Cyprus 2026 reforms — stamp duty abolished, CGT lifetime exemptions raised, SDC on rents abolished, Non-Dom 17-year regime expanded — all support continued international buyer + tenant flow.

Neapolis in Limassol, Limassol District, Cyprus