Real estate investment in Cyprus
The Republic of Cyprus restricts selling properties to foreigners: a non-EU citizen can buy no more than two properties and need a permit to purchase them.
Residential property prices almost don’t grow: the average growth is 0,1% each quarter, with fluctuations from a 5%-growth to a 6%-decline. Five years ago, an apartment of 100 m² cost €171,000. However, today it’s sold for €173 000.
€1,725
Average price per 1 m² of housing in Cyprus
€300,000
Minimum investment amount to get permanent residence
3,25—20,2%
Buyers’ related expenses, of the transaction amount
How the residential property price index is growing in Cyprus
Cost of a 3-bedroom apartment in Cyprus
$5 million
Penthouse in Limassol, in the tourist area of Agios Tychonas or Pyrgos, and on the first coastline
€700,000
Apartment in Limassol,
in the Neapolis district,
in a 10-minute walk from the beach
€400,000
Apartment in the centre of Larnaca,
a kilometre from the sea
Investment real estate in Cyprus
Cyprus, Larnaca
39 m² — 69 m²
1—2 
1 
Cyprus residence permit or citizenship by real estate investment
Investors can get Cyprus permanent residence if they invest at least €300,000 in real estate. First, the investor gets an Immigration Permit and a permanent residence permit a year later.
After five years of living in the country, you can obtain Cyprus citizenship by naturalisation.
Taxes and associated costs
Check if real estate in these countries suits your goals
The selections include only verified real estate projects from reliable developers. Purchasing these properties may bring you a residence permit or even citizenship.
Malta11 properties
€300,000+
Permanent residency
6+ months
Show 11 properties
Grenada18 properties
$270,000+
Citizenship
8+ months
Show 18 properties
UAE103 properties
AED 750,000+
Residence permit
2+ months
Show 103 properties
Spain36 properties
€500,000+
Residence permit
5+ months
Show 36 properties
Portugal68 properties
Not limited
Residency after D Visas
6+ months
Show 68 properties
Show all countries40+ guides with European countries
Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Material prepared by Igor Buglo, Head of the Maltese office, MBA