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Found 171 object(s)

VASSILIOU MAKEDONOS RESIDENCE
VASSILIOU MAKEDONOS RESIDENCE
From 14770$ / m2
ID: 12114 | 4 floors
KINNIS GRAND VALLEY RESIDENCE B
KINNIS GRAND VALLEY RESIDENCE B
From 4500$ / m2
ID: 12113 | 4 floors
RESIDENCE BIANCO
RESIDENCE BIANCO
From 5600$ / m2
ID: 12111 | 5 floors
KING PHILIP RESIDENCE
KING PHILIP RESIDENCE
From 4360$ / m2
ID: 12110 | 4 floors
Anemona Villas
Anemona Villas
From 1130$ / m2
ID: 12107 | 2 floors | Villa
Sunrise Gardens 2
Sunrise Gardens 2
From 2460$ / m2
ID: 12105 | 2 floors | Villa
Faros Luxury Apartments
Faros Luxury Apartments
From 6180$ / m2
ID: 12103 | 2 floors | Villa
Blue Waves
Blue Waves
From 3500$ / m2
ID: 12102 | 2 floors | Villa
Panorama Beachfront Residences
Panorama Beachfront Residences
From 7290$ / m2
ID: 12100 | 3 floors | Villa
Azalea Villas
Azalea Villas
From 2980$ / m2
ID: 12099 | 3 floors | Villa
Argaka Village 6
Argaka Village 6
From 3485$ / m2
ID: 12098 | 2 floors | Villa
Aquamarine Coastal Villas
Aquamarine Coastal Villas
From 4640$ / m2
ID: 12097 | 3 floors | Villa
Agnades Village
Agnades Village
From 3530$ / m2
ID: 12096 | 2 floors | Villa
CITY TERRACE
CITY TERRACE
From 6980$ / m2
ID: 12092 | 6 floors
DREAM TOWER
DREAM TOWER
From 9660$ / m2
ID: 12090 | 27 floors
Chara Homes 32
Chara Homes 32
From 2290$ / m2
ID: 12087 | 2 floors | Villa
White Pearl
White Pearl
From 4300$ / m2
ID: 12086 | 4 floors
Nasia 2020
Nasia 2020
From 4500$ / m2
ID: 12084 | 4 floors
Athena
Athena
From 4500$ / m2
ID: 12083 | 3 floors
Orfeas
Orfeas
From 4500$ / m2
ID: 12081 | 3 floors
Boreas Domus Type A
Boreas Domus Type A
From 2650$ / m2
ID: 12080 | 2 floors | Villa
Boreas Domus Type B
Boreas Domus Type B
From 2650$ / m2
ID: 12079 | 2 floors | Villa
Casa Nobili
Casa Nobili
From 5200$ / m2
ID: 12078 | 2 floors | Villa
EMERALD
EMERALD
From 3400$ / m2
ID: 12075 | 5 floors

New buildings in Cyprus

Location and climate

The Republic of Cyprus is an island state in the eastern part of the Mediterranean Sea, a member of the European Union. After the events of 1974, the "green line" (the UN buffer zone in Cyprus) divides the island into two parts: Greek (south part) and Turkish (north part). The authorities of the Republic of Cyprus control more than half of the territory where the ethnic Greek population lives.

There are about 300 to 340 sunny days a year. The Republic of Cyprus has a subtropical Mediterranean climate with a hot summer and mild, humid winter.

For the information of the investors: economy, culture, education in Cyprus

The economy of this region of the world is booming. Copper, chromium, asbestos, pyrites are mined in the country; deposits of marble and gypsum have been discovered too. Food products are produced, including wine, olive oil, fruit and vegetable preserves. The following industries are developed: the production of chemical products, cement, furniture, agricultural machinery, tobacco, textile, leather and footwear industries; an oil refinery is operating here as well. Water supply is carried out at the expense of desalination stations. Tourism is of particular importance.

There are six universities in Cyprus: 3 public, 3 private, as well as a higher school of hotel business and two management institutes.

The geographical position (proximity of Europe, Asia and Africa) plays an important role in the formation of culture, giving it its own uniqueness. Cyprus is called the island-museum: there are historical monuments throughout the territory of the country, archaeologists find artifacts dating back to different periods of the history.

Buying an apartment in Cyprus in a new building is still very profitable

The real estate market has long remained profitable for investment, since the country has:

  • developed infrastructure;
  • a consistently high rise in prices;
  • excellent conditions for tourists with different incomes;
  • comfortable climate, clean sea and nice beaches.

Force majeure circumstances of recent times, the suspension of the "citizenship by investment" program raised the question of the prospects for investment in residential complexes in Cyprus. The worst has not happened - the purchase of real estate in a new building is still profitable and promising and at the moment, the requirements for a preliminary analysis of the payback of the object sold in the residential complex have increased. The market is alive and actively developing, Cyprus real estate in the new buildings is in demand. According to the experts, the increase in the number of building permits issued is encouraging, and is a good indicator as well. It may be relatively inexpensive to buy an apartment from a developer in Cyprus by the sea or in another location that is in great demand, but prices are increasing every month.

Local residents are interested in the new buildings in Cyprus from a developer in Nicosia, Limassol, (main centers of business and social life), since they can count on state support in the form of subsidies; resort real estate by the sea (Paphos, Larnaca) is in demand by foreigners.

The minimum price per square meter of the area of an apartment in a new building in the developed city of Limassol, handed over on a turnkey basis (according to the information of the GEOLN.COM search engine) is 1,200 USD. Construction is carried out in compliance with European standards, high quality is confirmed by customer reviews.

Features of buying apartments in Cyprus from a developer by foreign investors

The sale of apartments from the developers to EU citizens is carried out without restrictions.

Citizens of countries outside the European Union require permission from the Council of Ministers. Two factors are checked in this case:

  • whether the buyer has problems with the law,
  • whether there is any previously purchased housing (a non-resident has the right to buy no more than two objects with an area of up to 4,014 square meters).

Purchasing an apartment in a new building in Cyprus is a prestigious investment in a country with a healthy climate, a dynamically developing free economy and an opportunity to receive a consistently high rental income.


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