Property Cyprus

Property in Cyprus

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Discover our properties in South Cyprus

Cyprus is divided into districts (regions) in which the most important urban and tourist centres are located.

 

View properties in a specific area of South Cyprus

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Ayia Napa 15 properties
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Limassol 24 properties
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Larnaca 37 properties
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Pafos 76 properties

Why invest in South Cyprus?

Southern Cyprus is on the map of Europe uniquely a friendly place to invest in real estate. The facts most important to investors are:

  • EU Member State (2004)
  • European Monetary Union (2008)
  • Population: 1,000,000
  • Annual number of tourists 3,200,000
  • 300 days of sunshine a year
  • Favourable prices for seaside properties compared to other popular European destinations
  • Best cities for investment: Limassol, Larnaca, Paphos and Ayia Napa
  • Taxation - lowest corporate tax rate in the EU: 12.5%
  • Property sales are growing every year
  • Reduced VAT from 19% to 5% for first-time buyers of a residential property on the primary market
  • Tax-free amount for individuals € 19,500 per year
  • Zero or reduced transfer fee. If the property is subject to VAT, there is no transfer fee. If the property is not subject to VAT, there is a discount of 50% on the transfer fee amount.
  • Zero property tax from 01 / 01 / 2017
  • Southern Cyprus has a Mediterranean lifestyle
  • Cyprus has concluded double taxation agreements with more than 40 countries worldwide (including Poland, the UK, Ireland, the Netherlands, Italy, France and many others).
  • No tax on dividends and capital gains for tax residents
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Return on investment in South Cyprus:

Property in Cyprus yields high returns

Average income from the rental of property in Cyprus is 7.5-10% per year, depending on the type of property and location.

Examples of monthly rental prices

Limassol studio1 200 € 1 bedroom1 800 € 2 bedrooms2 500 € 3 bedrooms3 000 €
Pafos studio850 € 1 bedroom1 000 € 2 bedrooms1 800 € 3 bedrooms2 100 €
Larnaca studio800 € 1 bedroom1 000 € 2 bedrooms1 600 € 3 bedrooms2 000 €

Which city to choose in South Cyprus?

Limassol

  • The largest number of skyscrapers in Cyprus
  • Biggest seaside town - resort
  • Business and cosmopolitan capital of Cyprus
  • High ranking among the world's top 100 cities
  • Takes 8th place on the list of micro cities of the future 2018-2019.
  • The world's leading city in terms of quality of life and lifestyle
  • It stretches along the main seafront boulevard
  • The ideal place for walking, jogging and spending time on the beach

Larnaca

  • The city has port and airport
  • The ideal place for short-term rental. If you are planning a short-term rental flat purchased in the Larnaca area, you won't go wrong. The flow of tourists continues throughout the year. All because of the proximity to the largest international airport and the capital. The first provides an influx of foreign tourists who, even in winter, don't mind relaxing on the warm coast. The second brings Nicosians who live in the 'sealess' city and also want to spend time on the beach.
  • Many ancient architectural and cultural monumentsbecause Larnaca is the oldest town in Cyprus
  • Beautiful nature, unique salt lakes and nesting flamingos
  • Mild, pleasant climatein winter it is not so cold and damp here
  • Well-developed tourism - there are many large and small villa villages to visit or live in in the Larnaca region
  • McKenzie Beach - Most popular beach with lots of beach bars

Pafos

  • One of the most promising locations for investment in South Cyprus
  • The city has airport
  • Paphos is a popular tourist resort
  • In the city you will find many Ancient Monuments including those inscribed on the UNESCO World Heritage List
  • Paphos' historic harbour and promenade is loved by tourists
  • Within 25 km there is a popular , "Aphrodite's Rock".
  • The area around Paphos is one of the most popular villa towns
  • The Paphos area is an ideal place for people who appreciate peace and nature

Ayia Napa

  • Ayia Napa and its surroundings is a good place for short-term rentals as well as for leisure activities on your own property
  • Seaside resort with the most beautiful beach in Cyprus Nissi Beach
  • Close to popular holiday destinations such as Protaras
  • A resort often chosen by young people from all over the world as well as yachting enthusiasts
  • The city has the latest and the most beautiful marina in South Cyprus distinguished by the European Property Awards 2021-2022
  • Ayia Napa is a place with a vibrant nightlife
  • Close to Ayia Napa is the famous National Park Cape Greco

Let's get to know each other better, who we are, how we operate

What are the facts and myths about buying property in South Cyprus? Why is it worth investing here? Find out how to manage property in Cyprus and what is the key to investment success. Explore nieruchomoscinacyprze.pl.

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