Cyprus, the third largest island in the Mediterranean Sea, is a place that combines beautiful landscapes, rich history and a unique climate. The geographical location of the island makes it a great starting point for exploring both Europe and Asia. Surrounded by crystal clear waters, Cyprus offers both sandy beaches and picturesque mountains, making it an ideal place for both a holiday or permanent residence.
Pros of living in Cyprus
Endless sunshine: Cyprus enjoys a mild Mediterranean climate, with over 300 days of sunshine a year. For those looking to escape the cold, grey days of winter, Cyprus is a dream come true.
Rich in culture and history: Cyprus is a treasure trove of history, with many monuments and cultural sites. It offers a unique blend of Greek, Turkish and British influences, making it a place full of life and tradition.
Excellent cuisine: Cypriot food is a real feast for the palate. Fresh seafood, aromatic spices and healthy ingredients make Cypriot cuisine incredibly diverse and tasty.
Safety: Cyprus is one of the safest places to live in Europe, with a low crime rate and a friendly environment, ensuring peace and comfort for its residents.
Active lifestyle: Cyprus offers a wide range of sports and outdoor activities. Beautiful beaches and scenic mountain trails encourage active leisure, which contributes to a healthy lifestyle.
South Cyprus is not only a great place to invest in real estate, but also a great place to live. The great quality of life, stable returns on investment and friendly climate make more and more people decide to move to this beautiful island. We invite you to discover Cyprus with us and make your dreams of a new life come true!
Pros of Investing in Property in South Cyprus
Economic Stability: Cyprus has been a member of the European Union since 2004, which provides investors with stability and security in terms of law and economic regulations. The island's economy is constantly growing, which is encouraging increased interest from both local and foreign buyers.
High Returns on Investment: Average returns on property investments in South Cyprus are typically between 5% and 7% per annum. For short-term rentals, returns can be even higher, reaching up to 10% in popular tourist locations such as Paphos, Limassol and Larnaca. In addition, property values are constantly increasing, which translates into potential profits when resold.
Citizenship Program: Cyprus offers a citizenship program for investors, which allows you to obtain citizenship in exchange for buying a property of a certain value. This opens up many opportunities not only in Cyprus but also in other EU countries.
Low Taxes: Cyprus has a favorable tax system that attracts investors. The income tax rate is only 12.5%, which is one of the lowest in Europe.
Infrastructure Development: Southern Cyprus is constantly developing, with new projects in the areas of transport, education and health improving its infrastructure. The widespread investment in tourism and modern housing facilities contribute to the increasing attractiveness of the island as a place to live and invest.