Buying property in Larnaca
Cyprus is one of the hottest locations in all of the Mediterranean, making it an ideal location for buying property for a second home or even a permanent relocation. Cyprus is a country filled with opportunities for all, it contains some of the world’s most beautiful landscapes and historical sites and yet there is still vibrant night life and activities for all ages.
A stylish resort too
The creation of a stylish resort in Larnaca is typified by the development and extension of the yacht marina creating more berths to cater to the growing number of visitors in this convenient eastern Mediterranean calling point.
Beautiful landscapes
In short, of the many locations in Europe to invest, not only are so many key investment factors in place, but you have some of the most beautiful landscapes and vistas and an entertainment for all ages. For the investor, the facts speak for themselves. Purchase before the full redevelopment of the resort is completed, before the new PGA golf course is up and running and before the budget airlines announce their new winter sun destination, and you are sit back and count your euros coming in.
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Recent changes in legislation allows foreign investors to purchase land and residential homes on the island. With this has came a real estate explosion of almost unequalled size. With demand so high, rental yields are staggering when compared to the low purchase price of Cypriot apartments.
There are many advantages in investing in Cypriot apartments which include the facts that there is 0% capital gains tax, 0% rental income tax and a staggering volume of demand with the population rising so quickly.
As specialists with over 20 years experience and offices globally, we provide our clients with a wealth of international real estate expertise and a housing portfolio embodying some of the most beautiful regions of the world such as Brazil, Dubai, France, Germany, Morocco and Turkey, just to name a few.