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
- € 790 000
- House, For sale
- ID: ME-103-167772
- Montenegro, Budva riviera, Budva
Villa in Budva - New Year's price reduction
- 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.
- € 1 950 000
- House, For sale
- ID: LV-163492
- Latvia, Jurmala and region, Majori
Exclusive Villa for Long-Term Rent in Jūrmala, Dzintari
- € 33 540 000
- Penthouse, For sale
- ID: OW-OAE-165616
- UAE, Dubai, Dubai Marina
THREE LEVEL PENTHOUSE WITH STUNNING VIEWS IN DUBAI
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- € 2 150 000
- House, For sale
- ID: LV-77877
- Latvia, Jurmala and region, Bulduri
For sale luxury villa near the sea in Jurmala
- € 550 000
- House, For sale
- ID: ME-103-100396
- Montenegro, Budva riviera, Krimovica
Two new villas in Krimovice
- upon request
- House, For sale
- ID: LV-1529
- Latvia, Jurmala and region, Asari
Feel atmosphere of the Baltic sea resort! Private scandinavian style house for sale in Jurmala.
- upon request
- Apartment, For sale
- ID: LV-163139
- Latvia, Jurmala and region, Bulduri
Unique apartment at the sea side in Jurmala – worse to see.