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Invest in Cyprus. Invest in new construction homes and real estate developments.

New homes in Cyprus

Invest in Cyprus. Invest in new construction homes and real estate developments.
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Last developments in Cyprus


General information of Cyprus

Cyprus is an island in the Mediterranean Sea, south of Turkey, where converge Europe, Africa and Asia, near transportation routes and air routes, linking Europe with the Arab world and the Far East.

Cyprus is the third largest island in the Mediterranean. It has a total area of 9,250 km², of which 3355 km² are under control of the self-proclaimed Turkish Republic of Northern Cyprus and has 648 km of coastline. It is a predominantly mountainous country, with two mountain ranges: Pentadaktylos in the north, and Troodos, southwest, culminating in the peak of Mount Olympus (1,952 m).

It has a population of 759,100 inhabitants (in late 2000) of which 85.2% belongs to the Greek Cypriot community, 11.6% of the Turkish Cypriot community and 3.2% are foreigners residing in Cyprus.

Cyprus enjoys a wonderful Mediterranean temperate climate, with hot, dry summers and mild winters. Temperatures range from 5-15 °C in winter and between 28-36 °C during the summer.

Cyprus has a highly trained public service and efficient. English is widely used and anyone can communicate with government departments in this language.

Why invest in Cyprus?

According to analysts, Cyprus continues to be considered one of the top tourist destinations, not only for European citizens. The southern part of the island is perhaps the best known and there are foreigners seeking to invest in Cyprus due to its excellent weather conditions.

Cyprus is a country belonging to the European Union since 2008, with a rich cultural heritage and with low levels of crime. Its geographical position at the crossroads of three continents, helping to extend the benefits of investing in Cyprus.

Tax policies attract many investors to Cyprus, as the existing tax rates on the island rank among the lowest in the entire European Union. In addition, the cost of living, although not very low, lower than those of other European countries.

What could make Cyprus also an excellent choice for long-term investment are the recent discoveries of oil and natural gas in waters, leading to significantly strengthen the economy of Cyprus and the market shooting and real estate industries.

Government recently announced that non-EU foreigners who make a minimum investment of € 300,000 in a property on the island, subject to certain requirements, will be granted a permanent residence permit.

Useful links

Related maps

map of Cyprus

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