Buying property in Cyprus as an investment

Housing on this island has long been a tool for making money and a good investment. With free funds, give them the opportunity to work for you. How to choose the right property that will definitely make a profit and why is it worth investing in properties in Cyprus? 

We have collected useful information for you that will protect you from errors and set the right direction for your search. Read carefully if you want to make a profit in the near future.

Cyprus combines unique qualities. This is a resort island, a vacation on which will truly bring paradise pleasure. Tourists from all over the world come here. A place in which the sun warms the inhabitants and visitors of the island almost every day. On the other hand, it is a business center with a developed infrastructure that allows you to build a business and find new partnerships. Among other things, Cyprus is:

• Favorable climate and clean sea air;
• A rich and convenient real estate market, which is always in demand;

• Pleasant and friendly people;
• Tasty and colorful cuisine;
• A variety of historical and geographical objects;
• A tourist destination that is actively developed and supported by state authorities.

All these factors directly or indirectly affect the demand for rental and purchase of housing on the island, which creates a favorable atmosphere for those wishing to become investors.

You can buy real estate in Cyprus on your own, or you can with the help of specialized companies. The search for options without intermediaries can greatly complicate the task due to the lack of knowledge of the laws of the country, its features and pitfalls of the market. Distance also reduces the ability to keep abreast and respond quickly to suggestions. The purpose of buying a home in Cyprus may be:

• Personal use;
• Rental;
• Sale after a certain period of time with an increase in value.

For those who are looking for reliable partners to seek options, conduct transactions and settle all the nuances, we recommend that you study the Mercury Group's offer catalog. Here are the best options for luxury housing on the island. If you don’t find a suitable option, leave a request and a manager will contact you to create a “portrait” of the desired object. In the shortest possible time, you will find the right option at the best price with post-sale service.

Buying a home on the island is not the fastest way to make a profit and pay back the investment. This option is more suitable for those who are looking for reliability and stability. Real estate in Cyprus, the prices of which are not growing rapidly - only up to 7% per year, will bring about 5% of the annual rental income. But the hallmark of Cyprus in the continuous flow of tourists all year round. Demand for rental housing due to a very developed tourism segment significantly exceeds supply, especially in the economy segment.

Business class housing is not inferior: Cyprus is a developed business center and a platform for finding new collaborations - thus, the demand for luxury housing in the rental area also has a place to be. This feature makes it possible not to worry about the safety of investments and corresponds to the well-known proverb - "Slow down, you will go further!".

Selling and renting property in Cyprus is a process that is governed by the laws of the country. The security of your transactions and their profitability will help ensure an intermediary company that selects the most suitable option for your requests, advises and provides a choice of several objects that match the needs of the market.

 The company's specialists will analyze the profitability of the proposal, hold negotiations with the owner and provide documentary support. You just have to choose decent apartments and earn income.