Cyprus: A Smart Investment in Sun, Sea, and Stability
Cyprus is more than just a beautiful island in the Mediterranean. With its mild climate, world-class beaches, and strategic location bridging Europe, the Middle East, and North Africa, it’s become a top destination for both tourists and investors.
The government’s citizenship-by-investment program, launched in 2013, sparked a surge in real estate demand. Recent reforms lowered the required investment to €2 million, further boosting interest—especially in prime coastal property, where supply is increasingly limited.
After years of stagnation following the 2012–2013 financial crisis, the real estate sector is bouncing back. Sales rose 25% in early 2016, with foreign buyers accounting for a growing share. The total value of property transactions in the first half of 2016 hit €1.96 billion—already surpassing the previous year.
Tax incentives have added fuel to the recovery. In 2016, property tax was slashed, and from 2017, it’s been abolished altogether. With stable prices, rising demand, and growing confidence, Cyprus is once again a hot spot for property investment.
For more information, please contact our hotline: + 84 911 60 22 44 (Multi line)