ONE Apartments, Limassol Seafront, Limassol

Pafilia is one of Cyprus's largest private property developers. Founded in 1977 and owner-managed by the Eliades family, it is best known for ONE Limassol — one of Europe's tallest residential seafront towers — and the Minthis golf and lifestyle resort in the Paphos hills.

Limassol (Lemesos) is Cyprus' second city and its commercial engine, a Mediterranean port on the island's south coast that has grown into the country's leading shipping, finance and technology hub. It hosts one of the EU's largest ship registries and Europe's foremost third-party ship-management cluster, and Limassol port handles roughly 90% of the island's import and export trade — an economy that keeps rental demand running year-round rather than by season. The seafront tells the story: the Limassol Marina, the Molos promenade and a line of new high-rise residences sit alongside a medieval castle and the ruins of ancient Amathus. For foreign buyers the framework is straightforward — any nationality can own freehold property, with title registered at the Land Registry, and a new primary-market purchase from EUR 300,000 (plus EUR 50,000 of annual income from abroad) opens EU permanent residency. Cyprus is a low-tax, English-speaking, common-law jurisdiction inside the EU.