CYPRUS has joined the European Union in 2003.  Approximately 1.5 million citizens live in the island and approximately 2.5 million tourists visiting every year. In 2013, during the global economic crisis, Cyprus experienced an economic crisis, but the island managed to recover fast compared to other European countries. The Cyprus's real estate properties were in focus among British citizens, they were the main investors in real estate. Today the real estate investors are mainly foreigners, In addition to the British, Israelis, Russians and Chinese are investing today in Cyprus. The taxation, the weather and the short flight distance make Cyprus attractive for the Israeli investor.
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LIMASSOL is the second largest city in Cyprus, it has approximately quarter million of citizen. Thanks to the port, the marina and the developed infrastructure compared to other cities, Limassol has become a city with an international population that is ready to invest in exchange for a life quality.