Having an apartment, house or villa abroad is the key to financial solvency and comfortable recreation at any time of the year. In terms of investment, Cyprus remains one of the most attractive options. Real estate on the island is rarely empty, as the tourist flow is stable regardless of the season. If you decide to purchase real estate on the island of Cyprus for personal or business purposes, contact a reliable partner like P.L. Property Gallery Developers & Constructors Ltd. . Our company is the biggest developer in the region. We know all the aspects of the local market, taking into account which we will help you make the most profitable purchase. We offer our clients a full range of services to make the process of purchasing housing simple and convenient.
What are the benefits of purchasing an apartment in Cyprus?
If you are considering purchasing an apartment, villa, or house abroad, pay attention to the Republic of Cyprus. The island is popular for its mild climate, rich culture and natural diversity. Cyprus is considered to be the most beautiful place in the Mediterranean. The locals are very friendly and hospitable to foreigners. More than 12 thousand Russian citizens live in Cyprus. The island has Russian-speaking shops and entertainment centers.
Purchasing real estate in Cyprus is a profitable investment. Purchasing a house or apartment, you get a wide range of opportunities:
- Passive income. Most often, the desire to purchase real estate in Cyprus is caused by its investment attractiveness. Houses and apartments are well rented out at any time of the year. The cost of renting is high enough, although it depends on the housing location and quality.
- EU citizenship. If you are seriously considering immigration to Europe, purchasing real estate in Cyprus will allow you to smoothly handle all the paperwork. Purchasing a house or apartment worth more than EUR 300,000, you can count on an accelerated procedure for obtaining a residence permit. You will be able to apply for the EU passport 7 years after the purchase of real estate in Cyprus.
- Business development. If most of your business contacts are located abroad or you would like to enter the European market, the decision to purchase real estate in Cyprus will help you be closer to your business partners and facilitate the process of conducting international economic activity.
- Comfortable living and recreation conditions. Purchasing real estate in Cyprus can have personal benefits as well. If you own an apartment or villa, you can apply for a multi-visa and relax on the Mediterranean coast at any time of the year.
Whatever your goals, purchasing real estate in Cyprus is a serious and responsible step. On the way to making your dream come true, you will have to delve into the intricacies of the local market and legislation, spend time and effort to find a suitable property. To minimize possible risks and facilitate mandatory procedures, contact P.L. Property Gallery Developers & Constructors Ltd. . Experts will help you purchase real estate in Cyprus that will fully meet your preferences.
Why should you choose P.L. Property Gallery Developers & Constructors Ltd?
Our company has been operating in the Cyprus market for more than 18 years.
Experience and high-level qualification of each our expert guarantee an impeccable quality of service. Entrusting the purchase of real estate in Cyprus to our team, you get the following advantages:
- Individual approach.
- Prompt request processing.
- Comprehensive consultation on the purchase of real estate in Cyprus.
- Affordable prices for all services.
- Wide choice of houses, apartments, and villas.
We offer a full range of related services to make the process of purchasing real estate in Cyprus as simple and fast as possible:
- Legal assistance. If you decide to purchase real estate in Cyprus, take care of financial guarantees and transparency of the transaction. And our team will gladly help you with this. We will examine documentation and banking transactions that accompany the purchase of real estate in Cyprus, as well as draft necessary contracts and statements.
- Search and selection of housing. When deciding to purchase real estate in Cyprus, it is important to determine the desired location, degree of infrastructure development, type and size of an apartment or house. We will help you compile a list of requirements for real estate in Cyprus and select the most suitable option from our extensive database.
- Implementation of design projects. If you decide to purchase commercial real estate in Cyprus, the interior and landscape design directly impacts the level of subsequent income. This is also important for the organization of comfortable recreation if you purchase housing for personal purposes. Our extensive experience in the field of construction, exterior and interior design helps us implement unique projects for your property in Cyprus.
- Rental management. Our team will help you find a comfortable home while registering the transaction for the purchase of real estate in Cyprus. This way you will be personally present at each stage, without spending extra money on international flights and covering other costs.
- Property management in Cyprus. If you decide to purchase an apartment, house, or penthouse, but realize that you will not be able to stay in the Republic permanently, entrust the chores to experts at P.L. Property Gallery Developers & Constructors Ltd. . We will ensure the stable operation of equipment and engineering systems and take care of mandatory bills.
Entrusting the purchase of real estate in Cyprus to our team, you get the comprehensive protection of your interests and guarantee of the final result.
Purchasing real estate in Cyprus: cost and available options
The Cyprus real estate market is represented by a wide variety of options. If you decide to purchase real estate in Cyprus, you can consider the following real estate types.
We recommend purchasing a house or a mansion for permanent or temporary residence in Cyprus. You can consider apartments or villas as profitable investment. The first ones are comfortable apartments that are registered as commercial real estate. Such housing is inexpensive in Cyprus, so you can rent it out for a decent fee. Villas are best for opening mini-hotels and inns, which is also attractive in terms of long-term investment.
If we talk about the price range for the purchase of real estate in Cyprus, we cannot name specific limits but we can identify the factors affecting the cost.
- Location. The most expensive real estate is built in the south of the island of Cyprus. The proximity to the Mediterranean Sea and the mild climate make the purchase of such property profitable and attractive.
- Real estate type. Villas, houses, and mansions are more expensive than apartments in Cyprus. The property class is also taken into account: economy, elite, business.
- Year of construction. If you decide to purchase real estate in Cyprus from a developer, you can be sure of the housing legality and impeccable quality. Secondary market property is inferior in these parameters but has a more affordable price.
- Purpose, area, and other significant characteristics. The cost of purchasing real estate in Cyprus can be affected by the tiniest detail. Professional realtors take into account even the standard of living of their neighbors when evaluating a property.
If you decide to purchase real estate in Cyprus, you need to take into account not only its current market value but also the level of costs for further maintenance. Only this way we can get an objective assessment of the investment profitability. If you find it difficult to calculate investment attractiveness or do not know where to start the process of purchasing real estate in Cyprus, please contact P.L. Property Gallery Developers & Constructors Ltd for detailed advice. . We will answer all your questions in person or online.