Growth of real estate sales in Cyprus

real estate in Cyprus

According to the Department of Land Resources of the Republic of Cyprus, the real estate market continues to grow steadily. So in February sales growth reached 46%, and in quantitative terms — 666 sales contracts against 456 in February 2017.

In general, in January / February this year, real estate sales increased by 55% (1361 contracts against 879 contracts in the same period of 2017). The best sales figures in Famagusta are 150%, followed by Paphos 79%. Nicosia, Limassol and slightly less Larnaca were also noted for growth. It is important to mention that 2017 has become the record number of deals on real estate sales since 2008.

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Conditions for obtaining a permanent residence permit in Cyprus

Conditions for obtaining a permanent residence permit in Cyprus

Purchase of a new residential property in Cyprus with a minimum value of €300,000 (plus VAT – 19% or 5%). Proof of a guaranteed annual income of at least €30,000 from abroad is required. The amount is increased by €5,000 for each family member (spouse and children) and €8,000 for each parent of the main […]

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Installment plan for the purchase of real estate.

Installment plan for the purchase of real estate.

The company – “CYPRUS FOR INVESTMENTS LTD” – offers its clients an interest-free installment plan for the purchase of new property in Cyprus: Installment term – up to 24 months; The first installment is only – 40%; Early repayment is welcome; Security and fixing of payments – only bank transfer according to the details of […]

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Bitcoins in exchange for real estate in Cyprus

Bitcoins in exchange for real estate in Cyprus

In 2021, the population of our planet has adapted to the pandemic, which brought inconvenience and innovation to our lives! Each state suffers losses in the economy and falling GDP. But there are also pluses, one of which is the development of digital currency! Several developers in Cyprus (our friends and partners) have developed a […]

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Real estate agent or developer?️

Real estate agent or developer?️

Dear clients, in this topic we would like to briefly describe the activities of our company, as well as indicate 5 reasons why you should contact a real estate agency when selecting real estate! The agency’s commission is paid by the developer, the size of which, as a rule, is the same for everyone on […]

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Cyprus No.5 in the world

Cyprus No.5 in the world

The international health organization has identified a list of 10 countries in the world that were able to cope with the COVID – 19 virus better than others. We are proud to announce that the Government of Cyprus has adequately coped with the difficulties and has saved its population from a terrible disease! Also, a […]

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Advice on the selection of real estate in Cyprus

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