Magnificent ecology, the sea and the sun are constant factors in the growth of real estate prices in Cyprus. This market is constantly growing, thanks to which the capital invested in housing is also constantly increasing. It is also necessary to take into account the fact that there is less and less land for development on the island. Accordingly, there are no objective reasons for a decrease in demand.
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BY 2025, 70% OF PROPERTY BUYERS IN CYPRUS WILL BE MILLENNIALS AND ZOOMERS
Who will buy Cypriot real estate in the coming years? What will their requests and preferences be? How to match them? These questions are asked by Cypriot developers and developers. According to the forecast of Danos and Associates, a...
Exciting Announcement: Join Us at RealtyOn 2024 !
Exciting news for all real estate enthusiasts! We invite you to join us at the upcoming RealtyOn 2024 Expo in Cyprus. Mark your calendars for July 3-4, from 10 am to 6 pm, and head over to Booth No.30 to explore a world of exclusive real...
Cyprus proposed to Low Property Investment Threshold for Permanent Residency to €250,000
In Cyprus, there is a proposed bill in the Parliament to grant permanent residence permits to foreign citizens who buy real estate valued at a minimum of 250,000 euros plus VAT, which is a reduction from the current requirement of 300,000...
Government Extends Property Valuation Cycle to 5 Years
The Council of Ministers has presented a legislative proposal to the legislative body suggesting an extension of the interval between comprehensive property assessments by the Department of Lands & Surveys, changing it from every three...
ReLux Estates Agency is the the 'Best Luxury Real Estate Consultancy in Cyprus' 2024
Thrilled to share the news that ReLux Estates Agency has been officially recognized the the 'Best Luxury Real Estate Consultancy in Cyprus' at the 2024 Luxury Lifestyle Awards! This recognition is a testament to our team's...
Limassol to Boast Cyprus' Tallest Building: A Landmark in the Making
The ambitious Aura project, poised to be Cyprus's tallest structure at 181.5 metres boasting 44 floors, has secured permission for its construction along the Limassol coast. Nonetheless, its approval has not been without contention and...
Strengthened Measures to Combat Illegal Real Estate Agents
The Cyprus Real Estate Agents Registration Council has announced that it has increased its efforts to combat illegal real estate agents and has taken legal action against individuals and entities suspected of breaking the Real Estate...
Efficient Title Deeds Issuance Process Unveiled
On Thursday, Interior Minister Constantinos Ioannou emphasized "significant improvements" in the property Title Deed examination and issuance process. He claims these improvements will help reduce the average processing time from...
Rising Popularity of Short-Term Rental Properties in Cyprus: A Growing Trend
As per Yiannis Kotzias, general manager of operations at Phaedrus Living, a prop-tech residential rental platform, short-term rental properties are rapidly becoming a mainstay in the accommodation choices of both travelers and locals in...
Enhanced Legal Protection for Cyprus Property Buyers
The Sale of Real Estate (Special Execution) Laws of 2011 to 2020 have been amended to provide those purchasing real estate in the Republic of Cyprus with greater legal protection.
The amendments mandate, among other things, that a...
3 reasons to buy property in Cyprus
Property owned by foreigners in Cyprus is protected by the law
Property rights in Cyprus are strictly respected, therefore there are now reasons to worry about your capital. Even in the event of political changes, the status of investors remains untouchable and is guaranteed by the government.
Owning a house or apartment on an island is not only an indicator of status
Owning a house or apartment on an island is not only an indicator of status. This is an opportunity to diversify investments that help you to get a stable income and be sure that your capital is safe.
Minimum taxes on the sale and acquisition of real estate
In Cyprus, unique taxation conditions have been created to minimize indirect costs. An additional bonus is the possibility of obtaining a residence permit. If you are interested in the possibility of a change in status, we recommend that you study our website or contact managers.