How to get a residence permit in Cyprus and EU citizenship
The Republic of Cyprus is an island state, which is often considered by residents of Russia as a permanent place to live or to periodically visit. This country has a…

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Where is better to live and buy property in Madrid?
In my previous article, we examined the benefits of living in the Spanish capital, Madrid. In this article I will tell you more about the most comfortable areas for living…

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5 Ways to Stay Living in Spain
There are many ways to stay in Spain, and a huge number of stories about how our compatriots did it. I will tell you not only about my success in…

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several families

Buying property in Cyprus as an investment

The unique location of Cyprus makes this island very attractive for investors. On the one hand, Cyprus is a large business center in which the interests of European entrepreneurs merge with the interests of Eastern businessmen. On the other hand, Cyprus is a resort island. The wonderful climate, clean beaches, low crime rates and excellent infrastructure attract here both a lot of tourists and those who would like to receive income from renting out real estate.

Market condition
Investing in Cyprus real estate is suitable for those for whom the reliability of investments is more important than high profitability. On average, the island’s residential and commercial real estate is growing at a price of 5-7% per year. Leasing it can bring another 3-5% of the profit annually. The main advantage of Cyprus is the continuous flow of tourists, both from Europe and from Russia. At the same time, despite a considerable number of hotels, the demand for rental housing still exceeds supply, especially in the budget real estate sector. Continue reading

Cyprus Features of real estate taxation
The acquisition of real estate in Cyprus is in demand among foreign citizens who are absolutely not afraid of the high cost of housing. Prices, on the contrary, attract potential…

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