Cyprus
Cyprus, with its idyllic Mediterranean lifestyle and thriving economy, offers an attractive residency program for non-EU nationals through investments. This program provides a streamlined pathway to permanent residence with the potential for citizenship.
Country information
Population: 1.600 mill hab Aprox.
Capital: Nicosia.
Official Language: Greek and Turkish.
Income percapita: $51.330 USD
Key Features of Real Estate Investment Linked to Residency:
Minimum Real Estate Investment: EUR 300,000 (plus VAT) for residential or commercial properties.
Ownership Types: Sole, shared, freehold, company, or trust ownership options are available.
Holding Period: Investors must maintain the property to renew and keep their residence permit under Regulation 6(2).
Rental Income Opportunity: Expect a return on investment (ROI) of 3–5% from rental income, particularly in high-demand areas.
Market Trends and Insights:
2004–2008: High demand for real estate led to increased supply by developers.
2009: The global financial crisis caused a significant drop in demand and property prices.
2016 Onwards: Demand and transaction volumes steadily increased, stabilizing prices and showing consistent annual growth.
High-Value Real Estate Options: Seafront Properties
Preferred by foreign investors for their lifestyle appeal:
Key areas: Ayia Napa, Limassol, and Pafos, known for beaches and excellent infrastructure.
Integrated Master-Planned Communities:
Properties in communities centered around features like casinos, golf courses, and luxury amenities.
Cater to diverse buyers, including locals, vacationers, and second-home owners.
Luxury Residential Properties:
Prices range between EUR 10,000 and EUR 22,000 per m², depending on location and specifications.
A benchmark price of EUR 10,000 per m² ensures potential for appreciation.
Why Invest in Cyprus Real Estate?
Tangible Residency Benefits: Secure permanent residence for yourself and your family.
Favorable ROI: Rental yields coupled with the potential for property appreciation.
Diverse Options: From beachfront villas to urban luxury apartments and commercial spaces.
Resilient Market: Stable growth supported by increasing foreign and local demand.
Popular Locations for Investment:
Ayia Napa
Renowned for its beaches and vibrant nightlife, a hub for tourism.
Limassol
Cyprus’s business and financial center, with high-end developments and coastal luxury.
Pafos
A UNESCO World Heritage site offering cultural richness, scenic landscapes, and luxury living.
Investing in Cyprus real estate provides a lucrative opportunity to own premium property while gaining access to the benefits of permanent residence. With its vibrant property market and strategic location, Cyprus remains a top destination for real estate investment.Purchase up to two new residential properties.
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