In 2022, there were 22,129 real estate purchase transactions in Cyprus for a total of 5.85 billion euros. The most popular property was in Limassol (6945 transactions in 2022). Next in popularity are Nicosia (6237 sold objects), Larnaca (4160 transactions), Paphos (3593).
Cyprus real estate market for 2022
Foreign citizens actively bought apartments in Limassol in order to obtain permanent residence in the country. You can get permanent residence status within 2 months when buying primary real estate in the amount of 300 thousand euros. If you decide to buy property in Cyprus, we advise you to hurry up, because. very soon the rules for applying a preferential VAT rate of 5% (instead of the standard rate of 19%) when buying a primary property will be changed.
Benefits of permanent residence in Cyprus by investment
- The status of permanent residence is received by relatives of the investor, including spouse, parents and children.
- It is not necessary to permanently reside in Cyprus - it is enough to visit Cyprus twice a year.
- Soft tax regime. No income taxes in other countries, no income tax, income tax and inheritance tax.
- Opportunity to obtain Cypriot citizenship in five years
Properties in Cyprus
Special offers of real estate abroad
- € 1 350 000
- House, For sale
- ID: IT-39-153009
- Italy, Liguria, Sanremo
Villa with panoramic views of the Riviera dei Fiori for sale, Liguria
- € 1 700 000
- Mansion, castle, estate, For sale
- ID: IT-39-155352
- Italy, Toscana, Siena
Farmhouse with pool in Monterone Darbia, Tuscany
- € 550 000
- House, For sale
- ID: ME-103-100396
- Montenegro, Budva riviera, Krimovica
Two new villas in Krimovice
- € 300 000
- Apartment, For sale
- ID: HU-226-136082
- Hungary, Budapest
2-studio apartment FOR SALE in Budapest Corvin Promenade city center
- € 3 000 000
- Mansion, castle, estate, For sale
- ID: IT-39-153087
- Italy, Toscana, Lucca
Villa with a pool and a spacious garden in Lucca, Tuscany, Italy
- € 2 950 000
- Apartment, For sale
- ID: IT-39-156746
- Italy, Toscana, Florence
Apartment with Cathedral View - Florence, Tuscany
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- upon request
- Mansion, castle, estate, For sale
- ID: IT-39-141640
- Italy, Toscana, Montepulciano
Estate for sale with views of Montepulciano - Tuscany
- upon request
- Apartment, For sale
- ID: OW-OAE-133859
- UAE, Dubai, Business Bay
Beautiful apartment in one of the top buildings by premium developer Select Group called the Edge.