Cyprus is one of the most welcoming, open, and vibrant countries in the world. It attracts foreign citizens not only with its lifestyle, climate, and landscapes but also with its developed infrastructure and quality healthcare. Cyprus is not only a popular destination for vacations but also a great investment opportunity. Many tourists decide to buy property in Cyprus for personal use or to rent out and generate income.
Many people dream of buying an apartment in Cyprus and are not disappointed. The warmth, sunshine, sea, and friendly, carefree people make it a great place to live. Read on to learn more about why others have chosen to buy property in Cyprus and see reviews from real buyers.
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Gated Communities and Private Properties in Cyprus
Those who have purchased property on the island often recommend looking into gated communities and private homes.
Buyers find apartments in gated communities to be one of the most convenient living options. These are developments with secured areas, often featuring a shared swimming pool. This is an ideal option for families with children who value both comfort and security. Buyers particularly appreciate the comprehensive property management services provided by the developer and the benefits of private living within a secure area. Each property owner is allocated their own parking space. Buyers are also pleased with the well-developed infrastructure, which includes cafes, small shops, and gyms.
Private homes are no less comfortable than apartments in gated communities. According to reviews from people who have chosen this type of property, these are mostly families with children. They choose homes based on the well-developed infrastructure, which includes necessary shops, medical facilities, kindergartens, schools, and well-maintained roads. These advantages are combined with a peaceful lifestyle and picturesque views. Cyprus property is particularly popular among visitors from Russia, Northern Europe, and the UK. It’s worth noting that every fourth private home on the island is purchased by a foreign citizen.
Cyprus Property Reviews: Variety of Choices
When choosing property in Cyprus, buyers often pay attention to the location. Some dream of buying a home near the sea, while others are drawn to the hustle and bustle of city life among high-rises. In any case, buyers never encounter a limited selection when considering both types of housing.
Many are also attracted to the opportunity to save money by purchasing older properties. According to them, with a bit of renovation, and perhaps some window insulation for the winter, apartments in Cyprus become an excellent investment! In any case, property seekers always find a wide variety of options and features to suit their budget.
Quality of Housing in Cyprus
We often see our clients’ surprise when viewing properties. They are pleased with how well even the most affordable homes in Cyprus are furnished. One of the main advantages of buying property in Cyprus for many is the high quality of the properties and the ability to move into a fully equipped home right after purchase. Clients are satisfied with their cozy new home in a warm country.
Favorable Conditions for Buying Property in Cyprus
Those who have purchased property in Cyprus mention that the island offers a wide variety of housing options, ranging from budget to luxury. They note that local banks offer loans at favorable terms (with a 4% annual interest rate) to facilitate property purchases. Many are also pleased with the opportunity to obtain permanent residency through investment in real estate (when purchasing property worth €300,000 or more).
The Process of Buying Property in Cyprus
We asked our clients what aspects of buying property in Cyprus stood out to them. Some were surprised by the lack of electronic document processing, while others noted that the process is slightly different from what they are used to in their home countries. However, none of them found the process of buying property in Cyprus difficult or daunting, especially since our real estate agency assists buyers at every stage of the purchase. We also help clients meet all the requirements needed to obtain permanent residency in Cyprus through property investment if desired.
These are the main points our buyers have highlighted when purchasing property in Cyprus. If you’re interested in learning more about the benefits of buying property in Cyprus or if you want to join the ranks of those leaving positive reviews about their property purchases in Cyprus, contact us! Our agency will consult you and assist you in buying or renting property in Cyprus!
