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
- upon request
- Penthouse, For sale
- ID: CY-193-98877
- Cyprus, Limassol, Limassol Coastal road
Luxury residence for sale in Cyprus
- € 399 000
- Apartment, For sale
- ID: TH-245-157230
- Thailand, Phuket, Bang Tao
1-Bedroom Luxury Apartment with Private Garden and Jacuzzi near the ocean – 82 sqm of Eco-Friendly and Wellness-Focused Living
- € 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.
- € 800 000
- Apartment, For sale
- ID: LV-163935
- Latvia, Riga, Centre
Dreaming of living in a brand new premium townhouse overlooking a park with a pond in the very center of Riga?
- upon request
- Apartment, For sale
- ID: LV-163139
- Latvia, Jurmala and region, Bulduri
Unique apartment at the sea side in Jurmala – worse to see.
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- € 2 250 000
- House, For sale
- ID: IT-39-99453
- Italy, Lombardia, Milan
Historic Farmhouse with Private Park in Peschiera Borromeo (Milan, Lombardy)