New Developments in Limassol 2026 to 2030: Who Builds What and Where
Автор: Nikitas Papadopoulos
Co-Founder and COO, SquareOne
4 мин чтения

Содержание
Limassol is building more homes than at any point on record. Ask Wire counts 210 apartment projects under construction in the urban area, with 4,932 homes, and a further 146 projects announced but not yet selling. Most are due between 2027 and 2030. This guide sets out what is being built in each part of the city and how to compare one new development with another.
How much is being built
Building permits show the scale. Dwellings authorised across Cyprus ran at an annualised 22,200 in the first half of 2026, against 16,171 in 2025 and 9,842 in 2022. Limassol district accounts for 7,054 of them, up from 4,745, which is 38% of the national increase (Cyprus Mail, 9 November 2026).

Of the 4,932 apartments under construction in Limassol, 1,919 have a recorded sale. That leaves about 3,013 unsold, roughly a year of Limassol apartment sales. For a buyer this means choice: you can compare several buildings in the same district before you commit. Our guide to Limassol investment trends looks at what the extra supply is doing to prices.
A permit is not a completion. Construction materials cost 32% more than in 2020 and labour 25% more, so delivery dates deserve as much attention as prices.
West: Zakaki, Fasouri and the port
The west has the largest sites. Limassol Greens at Fasouri is a golf resort planned with 495 villas and 233 apartments. Construction of The Starlings, 126 apartments in three buildings there, began on 23 September 2026, with first handovers expected 26 months later (Cyprus Mail, 24 September 2026). Nearby, Sunset Gardens has 315 apartments in 20 low-rise buildings.
Closer to the centre, SquareOne's THE DOCKS in Tsiflikoudia has 94 studios and one and two bedroom apartments above a co-working space, 180 m from the seafront. Our Zakaki area guide covers prices in this part of the city.
Centre: the old town and historic centre
New building in the centre is on a smaller scale, on infill plots between older streets. SquareOne has two projects here: THE COLLECTION in the historic centre, with studios and one and two bedroom apartments, and VIBE, 20 studios and one-bedroom apartments near Heroes Square. Cybarco also has several Limassol projects under way, including Naftikos Residences and Centro Limassol (CBN, 26 January 2026).
Compact homes in the centre appeal to tenants who work in the city. Our guide to studio apartments in the old town explains how they price.
North: Polemidia, Agios Athanasios and Mesa Geitonia
The districts north of the motorway and around the university hold most of the mid-priced new stock. The largest single scheme is ZOIA in Polemidia: 147 apartments in four five-storey buildings about 400 m from the Cyprus University of Technology campus, due in 2030.
Agios Athanasios and Linopetra have a cluster of smaller blocks, typically 15 to 25 apartments each. SquareOne's LYNEA in Linopetra has 20 two-bedroom apartments and penthouses due at the end of 2028, and NEON in Agios Ioannis has 20 apartments due in late 2028.
East: Germasogeia and beyond
The east is the most expensive part of the city, and new schemes range from small blocks to towers. The Signature Residences in Germasogeia is a 15-storey building with 27 apartments. YOO Limassol, a scheme of 84 apartments and 81 villas, is scheduled for completion in 2027 (DOM, updated November 2026).
SquareOne's ARYA in Germasogeia launched in autumn 2026 with 52 apartments and penthouses, two communal pools and a gym, and is due in the first quarter of 2030.
SquareOne developments by district
| District | Project | Homes | Target completion |
|---|---|---|---|
| Polemidia | ZOIA | 147 apartments, 1 to 3 bedrooms | 2030 |
| Germasogeia | ARYA | 52 apartments and penthouses | 2030 |
| Tsiflikoudia | THE DOCKS | 94 studios, 1 and 2 bedroom apartments | 2029 |
| Linopetra | LYNEA | 20 two-bedroom apartments and penthouses | 2028 |
| Agios Ioannis | NEON | 20 apartments, 1 and 2 bedrooms | 2028 |
| Old town | VIBE | 20 studios and 1 bedroom apartments | 2028 |
| Historic centre | THE COLLECTION | Studios to 2 bedrooms | 2028 |
Completion dates are targets. Availability changes weekly, so check the project page for the current position.

How to compare new developments
With this much choice, four questions separate one building from another:
- When is it due, and what happens if it is late? Ask for the contracted handover date, not the brochure date, and the remedy for delay.
- How much has sold? A building that is half reserved a year before completion tells you other buyers have done their checks.
- What is in the building? Ask Wire expects new stock to divide between buildings with pools, gyms and on-site management and those without.
- What will you pay in tax? A new home carries VAT at 19%, or 5% on a qualifying main residence. Our VAT guide sets out the conditions.
Our guide to off-plan versus ready property covers the legal protections. For prices across the city, see apartments for sale in Limassol.
To see floor plans and current availability, browse our projects or contact our team.
This article is general information. Figures for other developers' projects are as reported in the sources cited.
Frequently asked questions
How many new developments are under construction in Limassol?
Ask Wire counted 210 apartment projects under construction in the Limassol urban area in November 2026, with 4,932 homes, and a further 146 projects announced but not yet selling.
Which areas of Limassol have the most new developments?
The largest sites are in the west, around Zakaki and Fasouri. Most mid-priced apartment blocks are in Polemidia, Agios Athanasios, Linopetra and Mesa Geitonia, with smaller infill projects in the old town.
When will new developments in Limassol be completed?
Most projects now under construction are due between 2027 and 2030. Completion dates are targets, so check the contracted handover date and the remedy for delay before you sign.
Do I pay VAT on a new development in Limassol?
Yes. A new home bought from a developer carries VAT at 19%, or 5% on the first 130 m² of a qualifying main residence. No transfer fees apply to a purchase that carries VAT.
Is there too much new supply in Limassol?
About 3,013 apartments under construction were unsold in November 2026, roughly a year of sales. Asking prices for new apartments have held steady, while older apartments fell 9.0% between February and September 2026.
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Co-Founder and COO, SquareOne
Nikitas Papadopoulos is Co-Founder and COO of SquareOne. A Master of Architecture graduate of the Architectural Association in London, he leads how SquareOne's vision becomes built homes, from design through project delivery to everyday life in them.
- Master of Architecture, Architectural Association, London
- Design and project delivery

