Aurora Residence, Kato Polemidia, Limassol

GPA Upgraded Homes is a Cyprus construction and development company building modern, energy-efficient homes across Limassol, Nicosia and Larnaca under the motto “High Quality, High Standards.” Its portfolio spans contemporary apartment buildings, a private-pool villa and a restored historic stone house — from Aurora Residence and #AKIO in Limassol to Sapphire I and Duopoly in Nicosia.

Kato Polemidia is one of Limassol's fastest-growing suburban districts, a compact municipality of about 22,000 residents on the north-western edge of the city, roughly 5 km from the centre and less than a kilometre from the A1 motorway. Long known as a residential and light-industrial area — and home to Limassol General Hospital and the Spyros Kyprianou Athletic Center, the largest indoor arena in Cyprus — it is now reinventing itself around an education and innovation corridor: the Cyprus University of Technology is investing over €125 million in expansion nearby, including a €56 million student residence with 500+ rooms, alongside new private schools and a 52,000 m² green park. That pipeline, paired with entry prices well below the seafront, has made Kato Polemidia the highest-yielding apartment district in Limassol — gross returns around 7%. For overseas buyers the framework is straightforward: any nationality can own freehold property in Cyprus, with title held at the Land Registry (Department of Lands & Surveys) and contract lodgment giving specific-performance protection; non-EU buyers obtain routine Council of Ministers approval (typically 2–3 months). A qualifying new primary-market purchase from EUR 300,000 (plus EUR 50,000/yr income from abroad) opens EU permanent residency — a residence permit, not citizenship.