Due to the current situation in the world associated with the spread of Covid-19, in March 2020, most countries introduced restrictive measures on air travel. Cyprus was no exception. These restrictive measures on air travel have created new opportunities for purchasing real estate in Cyprus - remotely, that is, without a personal visit to the island. Cyprus distance sales of real estate in Cyprus are growing from...
Over the crystal waters of the southeastern Mediterranean rises the majestic Cyprus - the island of the goddess Aphrodite. Here, according to ancient myth, "Zephyr's moist breath carried the goddess of love..." Everything on this island reminds of the goddess of beauty: gardens, heady fragrant with lemon trees and jasmine, plains with forests of almond trees. Cyprus is a unique historical and ethnographic museum.
The Republic of Cyprus has State Investment Program, and Cypriot citizenship have already received more than 3 thousand foreign investors. In which city of the island is it better to choose real estate so that it generates income and is a profitable investment. Rating of Cyprus cities by popularity for real estate investment. Buy property in Limassol, Paphos, Larnaca or Nicosia? Each city has its own advantages and characteristics. Buying a house or apartment in Cyprus provides an excellent opportunity for obtaining Citizenship or permanent residence of Cyprus.
Buying a house, apartment or penthouse in Cyprus is one of the safest options for preserving capital in a rapidly changing world. In this way, you can not only save capital and stay ahead of inflation, but also create a reliable basis for family well-being for many years. Resortec Properties Ltd will help you find the best option for real estate investment in Cyprus and calculate the approximate potential return, taking into account local circumstances. Almost all investments in Cyprus property turn out to be profitable, but to minimize risks, it is better to turn to professionals.
The Cyprus property market continues to perform well in 2020. There is a boom in the construction industry, with foreign and Cypriot investors purchasing houses and apartments in Cyprus, despite the restrictions due to the pandemic. Distance selling of real estate in Cyprus is increasing. Growth in demand for real estate in Cyprus with the development of the European Union in general, and the island in particular. In 2020, the Republic of Cyprus is expected to fall in GDP by 7.5%, and in 2021 it is expected to increase by 6.2%.
Having familiarized yourself with the Cyprus real estate market, the infrastructure of a city or region, and having chosen to buy that property that fully meets the wishes of the Buyer, his criteria and financial capabilities. What rules must be followed for this process to go smoothly and bring 100% satisfaction to the future owner. The participation of a lawyer is required when buying real estate on the secondary market.
Today Cyprus is a full member of the EU, therefore all companies registered on the island enjoy the advantages associated with both being a member of the European Union and with the lowest taxation level among its member countries. Citizens of many countries consider Cyprus not only for the purchase of real estate as a second home for relaxation and privacy, but also for the purchase of real estate for the purpose of moving. Currently, Cyprus has the following tax incentives for the purchase of real estate...
Resortec Properties Ltd. works closely with the Bank of Cyprus (Bank of Cyprus) to assist potential buyers of Cyprus property who require a loan for the purchase of an apartment or a villa in Cyprus. Bank of Cyprus is considering an application for a loan to individuals. person, provided that the Applicant (Potential Buyer) has opened and has a personal account with the Bank, and all procedures for activating the account have been completed. The bank can provide a loan for up to 70% of the appraised...
Cyprus is not only an ideal holiday destination, but also a country where an impressive number of properties have been acquired by foreigners in recent years. Cypriots are very hospitable and welcoming people, especially in relation to foreigners, despite the fact that more than 2 million tourists visit Cyprus every year. More than 90% of the population of Cyprus speaks English, of which 50% are Russian speakers.
We are talking about active and passive strategies making money on + real estate in Cyprus. The first bring investors up to 100% profit per year, the second - up to 10%. What is right for you? Competition in the office sector is low, and incomes are sometimes higher than when renting a home. In addition, long-term leases are usually concluded here, which simplifies asset management. Investor cannot withdraw their investments during the period limited by the passport program.
In 2017, the total value of transactions in the residential and commercial real estate sector in Cyprus was 4,045,726,759 euros. Moreover, in 2017, a total of 8,734 properties were sold. In 2018, the total value of transactions in the residential and commercial real estate sector in Cyprus amounted to 3.613.030.374 euros. At the same time, in 2018, a total of 9,242 properties were sold. In 2019, the total value of transactions in the residential and commercial real estate sector in Cyprus amounted to ...
Due to the current situation in the world associated with the spread of Covid-19, in March 2020, most countries introduced restrictive measures on air travel. Cyprus was no exception. These restrictive measures on air travel have created new opportunities for purchasing real estate in Cyprus - remotely, that is, without a personal visit to the island. Cyprus distance sales of real estate in Cyprus are growing from...
Over the crystal waters of the southeastern Mediterranean rises the majestic Cyprus - the island of the goddess Aphrodite. Here, according to ancient myth, "Zephyr's moist breath carried the goddess of love..." Everything on this island reminds of the goddess of beauty: gardens, heady fragrant with lemon trees and jasmine, plains with forests of almond trees. Cyprus is a unique historical and ethnographic museum.
The Republic of Cyprus has State Investment Program, and Cypriot citizenship have already received more than 3 thousand foreign investors. In which city of the island is it better to choose real estate so that it generates income and is a profitable investment. Rating of Cyprus cities by popularity for real estate investment. Buy property in Limassol, Paphos, Larnaca or Nicosia? Each city has its own advantages and characteristics. Buying a house or apartment in Cyprus provides an excellent opportunity for obtaining Citizenship or permanent residence of Cyprus.
Buying a house, apartment or penthouse in Cyprus is one of the safest options for preserving capital in a rapidly changing world. In this way, you can not only save capital and stay ahead of inflation, but also create a reliable basis for family well-being for many years. Resortec Properties Ltd will help you find the best option for real estate investment in Cyprus and calculate the approximate potential return, taking into account local circumstances. Almost all investments in Cyprus property turn out to be profitable, but to minimize risks, it is better to turn to professionals.
The Cyprus property market continues to perform well in 2020. There is a boom in the construction industry, with foreign and Cypriot investors purchasing houses and apartments in Cyprus, despite the restrictions due to the pandemic. Distance selling of real estate in Cyprus is increasing. Growth in demand for real estate in Cyprus with the development of the European Union in general, and the island in particular. In 2020, the Republic of Cyprus is expected to fall in GDP by 7.5%, and in 2021 it is expected to increase by 6.2%.
Having familiarized yourself with the Cyprus real estate market, the infrastructure of a city or region, and having chosen to buy that property that fully meets the wishes of the Buyer, his criteria and financial capabilities. What rules must be followed for this process to go smoothly and bring 100% satisfaction to the future owner. The participation of a lawyer is required when buying real estate on the secondary market.
Today Cyprus is a full member of the EU, therefore all companies registered on the island enjoy the advantages associated with both being a member of the European Union and with the lowest taxation level among its member countries. Citizens of many countries consider Cyprus not only for the purchase of real estate as a second home for relaxation and privacy, but also for the purchase of real estate for the purpose of moving. Currently, Cyprus has the following tax incentives for the purchase of real estate...
Resortec Properties Ltd. works closely with the Bank of Cyprus (Bank of Cyprus) to assist potential buyers of Cyprus property who require a loan for the purchase of an apartment or a villa in Cyprus. Bank of Cyprus is considering an application for a loan to individuals. person, provided that the Applicant (Potential Buyer) has opened and has a personal account with the Bank, and all procedures for activating the account have been completed. The bank can provide a loan for up to 70% of the appraised...
Cyprus is not only an ideal holiday destination, but also a country where an impressive number of properties have been acquired by foreigners in recent years. Cypriots are very hospitable and welcoming people, especially in relation to foreigners, despite the fact that more than 2 million tourists visit Cyprus every year. More than 90% of the population of Cyprus speaks English, of which 50% are Russian speakers.
We are talking about active and passive strategies making money on + real estate in Cyprus. The first bring investors up to 100% profit per year, the second - up to 10%. What is right for you? Competition in the office sector is low, and incomes are sometimes higher than when renting a home. In addition, long-term leases are usually concluded here, which simplifies asset management. Investor cannot withdraw their investments during the period limited by the passport program.
In 2017, the total value of transactions in the residential and commercial real estate sector in Cyprus was 4,045,726,759 euros. Moreover, in 2017, a total of 8,734 properties were sold. In 2018, the total value of transactions in the residential and commercial real estate sector in Cyprus amounted to 3.613.030.374 euros. At the same time, in 2018, a total of 9,242 properties were sold. In 2019, the total value of transactions in the residential and commercial real estate sector in Cyprus amounted to ...