Cyprus: rising property prices and new opportunities for Investors
The Cyprus property market continues to show steady growth.
According to the quarterly report by RICS Cyprus and KPMG, house prices in the country continue to rise.
Key points
Apartments: The most dynamic segment of the market. Over the year, apartment prices have increased by 6.3%.
Houses: House prices also demonstrate positive dynamics, having risen by 2.89% over the year.
Warehouses and offices: Warehouse and office prices have increased by 1.77% and 2.41%, respectively.
Apartments and holiday homes: On average, prices have increased by 3% compared to Q2 2023.
Yield: Apartments and offices have become the most attractive assets for rent.
Regional trends: Nicosia has seen a steady increase in property prices, especially houses. In Limassol and Larnaca, prices have decreased slightly.
Cyprus real estate as a path to permanent residence
Cyprus offers a permanent residence permit (PR) program for investment in real estate. This attracts investors from all over the world who want to gain access to the benefits of the European Union.
Requirements for PR:
- Purchase of real estate worth at least €300,000.
- Meeting the financial solvency requirements.
Advantages of permanent residence in Cyprus:
- The opportunity to live and work freely in Cyprus.
- Access to banking services of European banks.
- The prospect of obtaining Cypriot citizenship after 5 years of residence on the island.
Verified investment properties
Looking for reliable investment offers? In our catalog you will find a wide selection of verified real estate in Cyprus. Filter offers by price, type of property and other parameters to find the ideal option for yourself.
Want to learn more about obtaining permanent residence in Cyprus through investment in real estate? Contact the experts at Mercury Group — we will be happy to answer all your questions and help you make the right choice!
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
- upon request
- Apartment, For sale
- ID: LV-163139
- Latvia, Jurmala and region, Bulduri
Unique apartment at the sea side in Jurmala – worse to see.
- € 2 150 000
- House, For sale
- ID: LV-77877
- Latvia, Jurmala and region, Bulduri
For sale luxury villa near the sea in Jurmala
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- € 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
- 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?
- € 550 000
- House, For sale
- ID: ME-103-100396
- Montenegro, Budva riviera, Krimovica
Two new villas in Krimovice
- 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.
