Foreign Buyers Support Real Estate Sales in Cyprus
May 17, 2022
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The sales of Cypriot real estate to foreigners increased by 50% year on year in April 2022.
According to the Land Registry, in April 2022, the Cypriot real estate sales to foreigners increased by 50% year on year. Paphos, followed by Limassol, Larnaca, Nicosia, and Famagusta demonstrate the most inrtense buying activity.
In the first four months of 2022, The real estate sales to foreigners reached 1,647 in Cyprus, which is 98% more than in the same period last year (833).
Last week, the Cabinet of Ministers of Cyprus approved a bill offering tax incentives to attract talent and promote the placement of headquarters in Cyprus. It involves reducing the minimum required annual salary from €100,000 to €55,000. For existing employees, it provides a 50% tax benefit on remuneration from employment with an income of €55,000 per year carried out in Cyprus by an individual.
The government's initiative is expected continue to stimulate the real estate sale to foreign companies and their employees.
EU citizens. Sales to EU citizens in April rose by 57% year-on-year. In the first four months of 2022, sales to EU citizens reached 808, which is 115% more than in the same period last year (375).
Non-EU citizens. Sales to citizens of non-EU countries increased by 44% year on year. In the first four months of the year, they reached 839, which is 83% higher than the same period last year (458).
Propreties for sale in Cyprus:
640 000 €
Flat in Limassol, Cyprus
57 sq.m11
Residence
A new elite complex of mixed type, located a few steps from the sea and beaches. The three tallest towers of the island, with 38 floors, combine luxury residential apartments and commercial areas along with shops, bars and restaurants. The complex fully corresponds to the parameters of obtaining EU citizenship. Highly professional employees of...
NF Group
179 599 €
Flat in Famagusta, Cyprus
110 sq.m32
1284a-2. Modern 2 + 1 apartment just 550 m from the beautiful sandy beach
Modern 2 bedroom apartment just 550 m from the beautiful sandy beach.
This new project is in a great location close to the famous Long Beach. These properties provide an ideal lifestyle, a modern lifestyle surrounded by natural beauty, and with over 300 days of...
Red Feniks North Cyprus
695 000 €
Villa in Paphos, Cyprus
270 sq.m44
Residence
Spacious villa in a quiet area of Tala with beautiful sea views, close to main roads, shops and schools. The villa has four large bedrooms, three bathrooms and a plot of land with an area of 970 sq.m., where there is a large swimming pool, a spacious summer kitchen, a beautiful landscaped garden and a playground. Also on the territory there are...
BLUE SKY HOUSES
770 000 €
House in Paphos, Cyprus
171 sq.m5
Residence
For sale 2-storey villa of 171rs in Paphos. The owners will be leaving the furniture with the sale. Extras included with the property: parking space, garden. The property boasts a swimming pool of private use.
Mercury Group
2 700 000 €
House in Limassol, Cyprus
766 sq.m7
Residence
6-bedroom villa. Advantage: Located on the hill. It has beautiful sea and city view, surroundedwith green areas. 5 minutes away from the beach➢ Elite project of 3 luxury homes➢ Private and serene location combining mountain and perfect sea views➢ 6-bedroom villas with private swimming pools and landscaped gardens➢ High-end finishes throughout➢...
Mercury Group
385 800 €
Apartment in Limassol, Cyprus
111 sq.m22
Residence
BLUE SKY HOUSES
635 000 €
Penthouse in Limassol, Cyprus
215 sq.m33
Residence
BLUE SKY HOUSES
1 994 000 €
Villa in Paphos, Cyprus
254 sq.m33
Residence
BLUE SKY HOUSES
642 000 €
Apartment in Limassol, Cyprus
121 sq.m2
Online Viewing
The exquisitely designed complex was created with the sole purpose of improving the quality of your life. All the nuances have been carefully thought out to meet all your needs, providing you with spaces for private reflection, for socializing with friends, for children's entertainment, as well as for sports.Located in one of the most convenient...
Intermark Global
1 000 000 €
Flat in Limassol, Cyprus
167 sq.m32
Residence
The complexÂoffers an unforgettable life experience for those who prefer the comfort of a modern compound with indoor facilities. The project is located in one of Limassolâ€s prestigious residential districts, Columbia, within around 1.5 kilometre of the sandy beach of the Dasoudi beach park which is families†first choice for outdoor leisure...
Mercury Group
550 000 €
Villa in Limassol, Cyprus
267 sq.m53
Residence
BLUE SKY HOUSES
186 000 €
Apartment in Iskele, Cyprus
63 sq.m211
Online ViewingRemote Transaction
Stylish Properties in an On-Site Complex in North Cyprus İskele
İskele is a shining region with a clearer sea and a unique estate area that has rising buildings as well as luxury villas on the Northern Cyprus coast. Thus, it takes approximately a few minutes to reach to Girne and Gazimağusa centers and necessities.
Properties for sale in North...
TEKCE
250 000 €
Apartment in Larnaca, Cyprus
80 sq.m222
These residences are a new residential project proudly presented on VOSPORU Street, located in the very exclusive and prestigious Phaneromeni area of Larnaca overlooking Salt Lake Larnaca, less than 10 minutes walk from Finikoudes, Larnaca, and 10 minutes drive from Larnaca Airport.
The project boasts eight apartments with two bedrooms and two...
Kotinos
160 000 €
Apartment in Larnaca, Cyprus
65 sq.m111
Welcome to an exclusive gated development located in the tranquil and developing neighbourhood of Livadia in Larnaca, offering the perfect blend of privacy and convenience, making it an ideal location for modern living.
Surrounded by lush green landscaped gardens, the ultra-modern 1-3 bedroom apartments showcase unique architecture and stylish...
Ocean "Life Residence"
Location: Iskele
10 minutes by car to Famagusta, 5 minutes to the ancient city of Salamis, 25 minutes to Ercan Airport, 30 minutes to Nicosia, 45 minutes to Larnaca Airport and just 5 minutes walk to Long Beach.
The complex has green gardens, swimming pools, Kent Park, covered parking lots, indoor and outdoor social...
Payment in rubles, euros, dollars or USDT or any cryptocurrency !!!
Permanent residence in Cyprus and citizenship !!!
Introducing Amara Homes, a prestigious project consisting of six luxury villas located in a secluded residential area of Koniya village. Located in a quiet location, these exquisite homes offer the perfect combination of...
METR 777
98 609 €
Apartment in Iskele, Cyprus
48 sq.m1
ResidenceOnline Viewing
Iskele is a picturesque town in the north-east of Cyprus, which is famous for its beautiful beaches, rich history and unique architecture. Located on the shores of the Mediterranean Sea, Iskele offers excellent conditions for beach holidays and water sports. The city is also known for its ancient monuments and historical sites such as ancient...
Leverage Investments
400 000 €
House in Larnaca, Cyprus
249 sq.m542
Residence
For sale under construction 2-storey villa of 249rs in Larnaka. The ground floor consists of living room with kitchen, one WC, one storeroom. The first floor consists of 4 bedrooms, one bathroom, one shower WC. The property is subject toe are solar panels for water heating, air conditioning and a barbecue area. The owners will be leaving the...
Mercury Group
123 000 €
Penthouse in Kyrenia, Cyprus
57 sq.m211
Online ViewingRemote Transaction
Investment Properties in a Complex with Facilities in Alsancak Girne
Alsancak is located in the western part of Girne, the most popular city in Cyprus. It is a decent residential region preferred by local and foreign holidaymakers. Girne offers a comfortable life with its mild climate, entertainment centers, beaches, restaurants, and bars....
