Today: 19 May 2019
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Property in Cyprus

Cyprus property is in great demand from the Europeans and the Russians. Transparency of procedures and well-researched legislation only increase this interest. Do I need to mention different climatic conditions on the island? Gorgeous ecology, fresh food, sea, sunny weather, high quality services - all increase the popularity of buying property in Cyprus.

For a long time the main buyers of property in Cyprus were Englishmen. Increased demand led to annual increases in prices, and hence the attractiveness. The economic crisis has made adjustments, prices have fallen and now UK residents often act as sellers. This situation in a hurry to take advantage of Cypriots and Russians.

Land in Cyprus is no longer becomes a growing number of residents. This is a global trend, which is a major factor in the growth of real estate prices. Yes, they are medium-term fluctuations, but in the long run the cost per square meter of land and housing will only grow. Real Estate - is what can be inherited, if necessary, to sell or to use as a financial investment.

There 2 pillars of investing money - commercial and private real estate. Commercial bought for future profit and privately bought for himself and his family. If deeper delve into this question, we will get something like the following list:

  • Land;
  • Warehouse and industrial premises;
  • Office space, space for restaurants;
  • Hotels and multifamily homes;
  • Apartments, apartments;
  • Villas;
  • Houses and mansions.

Each item has its own sub. Obviously, buying the land from the sea makes sense to use it for housing or a hotel, and if the land on the outskirts of the city, then used it, for example, for the organization of the warehouse. Observe the development plans of the island. If the land is allocated for industrial purposes, then it can only cost production facilities.

Russian interest in a business organization in Cyprus has been relatively modest, which is not the owner. On average, for 60 000 - 70 000 euros you can buy a small apartment for 100 000 - 120 000 live in a townhouse, and for 200 000 a small villa. As you can see, the price of real estate in Cyprus is quite comparable to the prices in major Russian cities.

On the island there are many Russian, the attitude of the Cypriots to which more than positive. There are TV channels, radio and newspapers in Russian, so to adapt to a new place is not difficult. Some people use it and buying property in Cyprus for their parents, thus creating conditions for them to calm old age, taking away from the neural metropolis.

We know perfectly Cyprus and ready to help you get to know him better. Our business contacts with several real estate agencies will allow it to find the option that is needed for you!

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