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Cyprus Property Insights
How to get a mortgage for an expat in Cyprus?
Cyprus with its Mediterranean lifestyle, attracts many expats seeking a comfortable and vibrant place to live. If you’re an expatriate looking to secure a mortgage in Cyprus, here’s what you need to know: Eligibility: To obta...
Cyprus Property Insights
Why Invest in Cyprus ?
Cyprus, often portrayed as a sun-kissed paradise, offers far more than picturesque landscapes. Exploring the benefits of Cyprus residency reveals a multitude of opportunities and advantages that extend beyond its surface beauty. Acquiring permanent r...
Cyprus Property Insights
Rent or Buy a property in Cyprus ?
In today’s competitive real estate market in Paphos, Cyprus, the decision between renting and buying a property can be daunting. With increasing rental prices and the allure of property ownership, it's crucial to carefully weigh the advantages ...
Cyprus Property Insights
Retiring in Cyprus After Brexit, what you need to know?
Cyprus is the Mediterranean Gem for most of British citizens and not only. With year-round sunshine and a relaxed pace of life, Cyprus attracts many different nationalities. Who wouldn’t want to spend their days ...
Cyprus Property Insights
Latest Changes on Permanent residency in Cyprus
Hundreds of thousands of different nationals enjoy life overseas, and it is essential to understand how your residency status will affect your tax liabilities over the long term. Cyprus is a sunlit paradise, offers much...
Cyprus Property Insights
Building Permission in Cyprus
General Details In order to construct, demolish, extend, modify, repair, or change the use of property in the Republic of Cyprus, you need to get the following permissions: 1) Town planning permit2) Building permitDepending on whether the immov...
Cyprus Property Insights
Rental Guide For Potential Tenants Paphos
Exploring Rental Properties in Paphos, Cyprus: A Guide for Potential Tenants Paphos, a picturesque city on the southwest coast of Cyprus, offers a blend of historical charm, beautiful landscapes, and a Mediterranean lifestyle that attracts visitors ...
Cyprus Property Insights
Do I pay Vat on Properties in Cyprus ?
Is there Vat on resale properties?No , there is no VAT on resale Properties as the Vat has already been paid. Do I owe VAT on the purchase of a new home?Yes, Vat will need to be paid 19 % or 5% ( Reduction ) for your first home. Is ther...
Cyprus Property Insights
Green Monday Cyprus
What day is Clean Monday?Shrove Monday is also known as Orthodox Shrove Monday or Ash Monday. The holiday is known as 'Green Monday' in Cyprus. On the first day of the seventh week before Greek Orthodox Easter Sunday, Clean Monday ("Kathara Deftera"...
Cyprus Property Insights
Real Estate Taxes Cyprus
When buying, owning, or selling a property in Cyprus, you should be aware of the applicable Cyprus property taxes. Cyprus property taxes when purchasing a home1. Stamp duty When purchasing property in Cyprus, the buyer is usually responsible f...
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