Ayia Napa is situated on the southeastern tip of Cyprus and is a world famous coastal town being one of the island's most famous destinations, famed for sandy beaches, crystal-clear waters, and a great lifestyle.
Nissi Beach and Makronissos Beach are just two of the best beaches, with Ayia Napa providing access to a range of luxury resorts and upscale properties suitable for high-net-worth buyers looking for personal use property, and luxury investment real estate in Ayia Napa Cyprus.
There are many places to find distressed or foreclosed properties in Ayia Napa, for examples you can ask a real estate agent to filter for foreclosures or bank-owned (REO) properties.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses and you may find cheap distressed Ayia Napa property for sale with broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
FEATURED CYPRUS LISTING
Location : LARNAKA, SOFTADES
Property Type: LandProperty Terms: For SaleLocal Currency Price: 30,000,000EurosPrice in USD: $34,023,922
Ayia Napa generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Ayia Napa is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
Real Estate Agents and Property Developers in Cyprus
