Location : Paphos, South Cyprus
Property Type: ApartmentProperty Terms: For SaleLocal Currency Price: Price in USD: $584,815
Luxury properties, luxury resorts, abundant golf courses, gorgeous marinas, and breathtaking real estate sums up why buyers and property investors see Cyprus as a destination to choose.
Included in the top list of places to choose if considering buying a property for personal use, as an investment or a mix of both in Cyprus include Limassol, Paphos, Ayia Napa, Larnaca, and Nicosia.
Cyprus has enjoyed for decades a strong property market driven by international buyers, especially those looking for beachfront villas, luxury apartments, and gated communities in Cyprus.
Luxury properties in Cyprus are in demand as they can be limited supply in some prime locations, and with favorable tax conditions, with one of the lowest corporate tax rates in the EU (12.5%) Cyprus is a consideration.
Cyprus has opportunities with attractive schemes for foreign investors, such as permanent residency permits through property investment, as as a member of the European Union, Cyprus ensures strong legal protection for property owners and investors.
In Cyprus property titles and property laws are known to be transparent, and benefit from being based on the UK legal system, which inspires trust.
Tourists drive market for short and long-term rental property in Cyprus, creating opportunities for investors eyeing the short-term holiday rental market and long-term expatriate or overseas rental market.
With over 320+ days of sunshine per year, a safe environment, the famed Mediterranean cuisine, investing in Cyprus real estate means combining lifestyle benefits with strong financial returns, with the luxury market including villas, apartments, and luxury resort properties provides a good opportunity to gain from for personal enjoyment as well as potential capital appreciation.
Discover Cyprus Foreclosure Real Estate, listed by owner or real estate agent in Cyprus, sell direct to buyers.
