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Real Estate

Mortgage subsidy plan announced in Cyprus

A new subsidy scheme is already active and the application forms are expected to be available within the next few days. The Cyprus government collaborated closely with banks and has created a unique program designed to aid the people who found themselves in unfortunate situation due to the rise of interest rates and it is in continuation to a previous subsidy scheme, in...

Abolishing non-domicile status in the UK. What is it exactly and why these changes can be beneficial for the economy of Cyprus?

In March 2024, the UK chancellor announced plans to phase out the non-dom tax regime. Following the recent elections, it was announced that this tax regime will be abolished by 06 April 2025. What exactly is non-dom (Domicile)? Non-dom is a British tax status that has been available since the French Revolution. Domicile comes from the Latin word Domus which means house...

Guide for Buying Property in Cyprus for Foreign Investors

The real estate market in Cyprus is full of investment opportunities, ranging from newly developed locations and high-end apartments to luxury beachfront villas. In this article, we will provide you with a simple guide for the most important things you need to know before you decide to buy a property in Cyprus. Cyprus is a small island country in the eastern Mediterranean...

Comparing the urban and rural real estate markets in Cyprus

The real estate market in Cyprus is on the rise. The market is expected to experience steady growth with an annual growth rate of 4.05%. This factor alone is enough to alarm foreign investors who are always searching for business opportunities. Urban and rural real estate markets can have significant differences, especially regarding price, demand, and amenities. The Cyprus...

Hiring a Real Estate Agency in Cyprus to sell your property. What are their responsibilities?

Key legal responsibilities:A real estate agent has a legal and ethical responsibility to act in the client’s best interest. For example, he/she should be honest regarding a property’s market value and not mislead a potential buyer to buy above their budget and criteria to benefit from a higher commission.Any conflicts of interest must be disclosed and he/she should negotiate in good faith.A...

Repricing opportunities in Real Estate in Cyprus

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Top 8 good reasons to buy property in Larnaca.

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Buy in Cyprus a house or an apartment? How to Choose Guide

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Buy property in Famagusta -Top 7 good reasons

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