Real estate in Cyprus
Buyer's guide
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Property types in Cyprus
Studios, apartments, villas, and townhouses are listed for purchase. Investors can also buy shares in hotel complexes, premises for offices and shops, land plots, and marinas. Available properties and real estate projects depend on the selected country and the terms of the investment citizenship or residency program.
Real estate investment in Cyprus
If you invest in real estate in Cyprus, you can participate in the permanent residency program. Investment options include both residential and commercial objects.
The residential property option requires investing at least €300,000. To be eligible for the permanent residency program in Cyprus, applicants must invest in new objects only: villas, apartments, or townhouses. They can invest in one or two objects — from the same or different developer — with a total value of €300,000.
If investors use the purchased object as their only residency in Cyprus, their property VAT will be 5%. If they rent it out or live elsewhere in the country, property VAT will be 19%.
Investors can also buy a residential property through a company registered in their name, or the name of their legal spouse. They can use that real estate property to generate income: however, they can’t resell it while their Cyprus residency permit is valid —
which is a 2-year period. If investors want to resell their property but also renew their residence permit, they must buy another investment property, for the same price or higher.
The commercial real estate investment option requires purchasing non-residential property for at least €300,000 plus 19% VAT. Suitable objects include hotels, resorts, shops, office spaces, and buildings. Investors can choose one or two objects from primary and secondary real estate markets.
You can choose investment property in Cyprus remotely through Immigrant Invest. Our real estate team will assist you in every step. This includes: reserving the object while your residency permit is pending, buying the object to fulfill the investment requirement, and reselling it in two years if needed.
Immigrant Invest is a licensed agent for government programs in the Europe Union and the Caribbean.