Real estate in Cyprus

All countries
332 objects
Three-level luxury villa with panoramic sea views
Cyprus, Limassol
€4,300,000 — €4,700,000

Three-level luxury villa with panoramic sea views

square icon551 m² — 618 m²
bed icon5—6
bathroom icon6—7
Office space in a modern building in the business center of Limassol
Cyprus, Limassol
€574,000 — €2,016,000

Office space in a modern building in the business center of Limassol

square icon105 m² — 375 m²
Apartments in a residential complex near the sea
Cyprus, Limassol
€695,000

Apartments in a residential complex near the sea

square icon78 m²
bed icon2
bathroom icon1
Apartments in a unique closed residential eco-project
Cyprus, Limassol
€279,000 — €579,000

Apartments in a unique closed residential eco-project

square icon78 m² — 274 m²
bed icon1—3
bathroom icon1—2
Apartment in a luxury residence with guaranteed return
Cyprus, Limassol
€875,000 — €3,750,000

Apartment in a luxury residence with guaranteed return

square icon75 m² — 235 m²
bed icon1—3
bathroom icon1—3
Block of five villas with panoramic sea and mountain views
Cyprus, Paphos
€1,700,000 — €2,500,000

Block of five villas with panoramic sea and mountain views

square icon264 m² — 492 m²
bed icon3
bathroom icon2
Apartments in a residential complex near the center of Paphos
Cyprus, Paphos
€220,000 — €400,000

Apartments in a residential complex near the center of Paphos

square icon64 m² — 92 m²
bed icon1—2
bathroom icon1—2
Modern design building with residential and office space
Cyprus, Paphos
from €3,100,000

Modern design building with residential and office space

square icon901 m²
bed icon6
bathroom icon6
Turnkey premium villa with smart home system
Cyprus, Paphos
€1,560,000 — €1,900,000

Turnkey premium villa with smart home system

square icon230 m² — 326 m²
bed icon3—4
bathroom icon2—4
Luxury villa in a gated community with sea views
Cyprus, Paphos
€645,000

Luxury villa in a gated community with sea views

square icon141 m²
bed icon3
bathroom icon3
Modern apartments in a prestigious area
Cyprus, Paphos
€273,000 — €364,000

Modern apartments in a prestigious area

square icon89 m² — 125 m²
bed icon2—3
bathroom icon2—3
Smart luxury villa with sea views in a prestigious area
Cyprus, Paphos
from €2,700,000

Smart luxury villa with sea views in a prestigious area

square icon430 m²
bed icon3
bathroom icon3
Two-level villa with a large plot on the second coastline
Cyprus, Paphos
from €5,200,000

Two-level villa with a large plot on the second coastline

square icon600 m²
bed icon4
bathroom icon3
Apartment in a residence with a rooftop pool
Cyprus, Paphos
from €620,000

Apartment in a residence with a rooftop pool

square icon179 m²
bed icon3
bathroom icon3
Spacious apartments with sea views in a new residential project
Cyprus, Limassol
€340,000 — €580,000

Spacious apartments with sea views in a new residential project

square icon143 m² — 190 m²
bed icon2—3
bathroom icon2—3
Penthouse in a residential complex with a swimming pool near the sea
Cyprus, Limassol
€1,700,000

Penthouse in a residential complex with a swimming pool near the sea

square icon234 m²
bed icon3
bathroom icon3
Villa with a swimming pool in a unique gated complex on the first coastline
Cyprus, Larnaca
€2,200,000 — €3,500,000

Villa with a swimming pool in a unique gated complex on the first coastline

square icon207 m² — 434 m²
bed icon4—5
bathroom icon4—5
Villa in a quiet picturesque area near the sea
Cyprus, Paphos
from €930,000

Villa in a quiet picturesque area near the sea

square icon210 m²
bed icon4
bathroom icon5
Two-storey villa with pool just minutes from the beach
Cyprus, Paphos
from €750,000

Two-storey villa with pool just minutes from the beach

square icon168 m²
bed icon2
bathroom icon2
Two-storey furnished villa with sea view
Cyprus, Paphos
from €595,000

Two-storey furnished villa with sea view

square icon185 m²
bed icon3
bathroom icon4

Buyer's guide

  • Who can buy a property in Cyprus

    Property in Cyprus can be purchased by:

    • citizens of Cyprus;

    • residents of the country;

    • citizens of EU countries;

    • other foreigners.

    There are no restrictions on property purchase for the first three categories. Citizens of non-EU countries can buy no more than two properties, but first, they need to get permission from the Council of Ministers.

  • Property prices by region of Cyprus

    The Cyprus real estate market has started to recover after a prolonged crisis. The average cost per 1 m² of real estate in Cyprus is €1,725. Housing in new buildings is more expensive than real estate in the secondary market.

    The highest prices per 1 m² of residential property are in Limassol (from €1,950), Nicosia (from €1,510), Paphos (from €1,325), Ayia Napa (from €1,230) and Larnaca (from €1,140). Famagusta is the city with the lowest prices: the average cost of housing there is €622 per 1 m².

  • Property purchase procedure in Cyprus

    Buying a property on the island takes an average of two months. After selecting a real estate, the buyer reserves it by depositing up to 10% of the cost, and the seller removes it from the market. The parties sign the purchase and sale agreement, and the buyer transfers the first portion of the money: there is no fixed interest.

    The next stage is paying associated taxes and obtaining a permit for the purchase of real estate from the Council of Ministers. As soon as the buyer gets permission, they transfer the remaining amount. Then the land committee issues a certificate of ownership.

  • Property purchase taxes in Cyprus

    Real estate buyers pay a value-added tax of 14—19% if they buy a new building. When buying a secondary property, the buyer pays a transfer tax of 3—8%.

    Also, all buyers pay stamp duty on a progressive scale of
    0,15—0,2%, depending on the transaction amount.

  • Permanent residence in Cyprus by the purchase of a real estate

    A foreigner can get permanent residence in Cyprus by the purchase of real estate worth 300,000 euros or more. But there are some conditions:

    1. No more than two residential or commercial properties per investor.

    2. Residential real estate can only be purchased on the primary real estate market, i.e. a new building.

    Immigrant Invest has its own database with hundreds of verified properties, including those at the excavation stage, that can be purchased with no commission.

price

Get maximum information about the process

  • Step by step procedure

  • Requirements for applicants

  • Necessary documents

  • Answers to frequently asked questions

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 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.

Schedule a meeting

Let's discuss the details

We will develop an individual solution, select a country and status that will solve your problems, and accompany the entire process.

Zlata Erlach
Zlata Erlach

Head of the Austrian office

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