Magnificent ecology, the sea and the sun are constant factors in the growth of real estate prices in Cyprus. This market is constantly growing, thanks to which the capital invested in housing is also constantly increasing. It is also necessary to take into account the fact that there is less and less land for development on the island. Accordingly, there are no objective reasons for a decrease in demand.
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Paphos gets green light for €25M housing development
A €25 million residential project, "Navie," has been approved in Agia Marinouda, Paphos. The development features 12 apartment buildings with 105 units, accommodating up to 337 residents, and includes swimming pools and a...
CYPRUS IS AMONG THE TOP FIVE EUROPEAN COUNTRIES FOR FOREIGN BUSINESS
Cyprus ranks among the top five European nations for foreign entrepreneurs, according to a new report by William Russell, which assessed countries based on factors crucial to business success, such as startup activity, survival rates,...
Cyprus is looking to establish a new law regarding the purchase of real estate by foreigners
Cyprus is looking to establish a new law regarding the purchase of real estate by foreigners, as the existing legislation has become outdated. The current law, overseen by Minister of Internal Affairs Konstantinos Ioannou, is limited in...
Cavalli Introduces Its First Fashion-Branded Residences in Cyprus
The Italian luxury fashion house Roberto Cavalli has unveiled plans for its inaugural residential project in Europe, collaborating with Cyprus-based Leptos Group on a €200 million development in Limassol.
The 30-story Cavalli Tower...
Cyprus flaf has been raised on top of Carstensz Pyramid
In an extraordinary feat of adventure and determination, Roman Starikovich, CEO of ReLux Estates and Orpheus Group, has placed his name in the history books by successfully reaching the summit of Puncak Jaya, also known as Carstensz...
Celebrating 15 Years of ReLux Estates: A Milestone in Luxury Real Estate in Cyprus
This year marks a significant milestone for ReLux Estates as the luxury real estate agency proudly celebrates its 15th anniversary. Since its inception, ReLux Estates has established itself as a leading name in high-end property sales and...
A new €80 million development is set to be constructed in Limassol
A new €80 million development is set to be constructed in Limassol, featuring roof gardens and underground parking for 498 vehicles.
The Republic of Cyprus's Department of Environmental Protection has received a proposal for a...
Secret Valley Set to Be Sold for €130 Million
The Columbia Group is poised to acquire the Secret Valley resort from the real estate management unit of the Bank of Cyprus (REMU) in a deal exceeding €130 million, as revealed on Monday.
Economy Today, which first reported the...
DEVELOPMENT OF A TECHNOLOGY PARK IN PENTACOMO, AIMED AT SUPPORTING THE ENERGY, NANOTECHNOLOGY, AND IT SECTORS
Cyprus is working towards becoming an international hub for innovation, with the establishment of a large science and technology park in Pentakomo, just a 20-minute drive from Limassol. The Ministry of Energy, Trade and Industry of the...
THE BRITISH, RUSSIANS, GREEKS, ISRAELIS, LEBANESE, AND CHINESE ARE ACTIVE PROPERTY BUYERS IN CYPRUS. WHAT DRIVES THIS TREND?
Foreign interest in Cypriot real estate remains high, with the British, Russians, Greeks, Israelis, Lebanese, and Chinese being the most active purchasers. Between 2021 and 2024, the majority of foreign buyers focused their investments on...
3 reasons to buy property in Cyprus
Property owned by foreigners in Cyprus is protected by the law
Property rights in Cyprus are strictly respected, therefore there are now reasons to worry about your capital. Even in the event of political changes, the status of investors remains untouchable and is guaranteed by the government.
Owning a house or apartment on an island is not only an indicator of status
Owning a house or apartment on an island is not only an indicator of status. This is an opportunity to diversify investments that help you to get a stable income and be sure that your capital is safe.
Minimum taxes on the sale and acquisition of real estate
In Cyprus, unique taxation conditions have been created to minimize indirect costs. An additional bonus is the possibility of obtaining a residence permit. If you are interested in the possibility of a change in status, we recommend that you study our website or contact managers.