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The Blogging of Timmons 891

angoraside1's blog

The Cyprus Real Estate Market

When searching for the perfect residence or investment property it is important to consider Cyprus property for sale. One of the most attractive investment opportunities in Cyprus continues to be tourism-related real estate and infrastructure, evidence of this is the number of foreign investors closing multimillion-euro deals in the last five years - these include both new projects and acquisitions of existing assets such as five-star hotels, malls and luxury marinas.
In parallel, Real Estate transaction refers to every transaction for the conclusion of an agreement for the sale, purchase, exchange or leasing of immovable property for a period exceeding one month, including assigning the property with valuable consideration or through the transfer of company shares.



If you are looking for a permanent residence, or want to spend a vacation in a warm country, we will offer the best selection of properties in Cyprus, whether it is a beautiful apartment, a stunning villa by the sea or an exclusive house built with an individual architectural project.
The islands strategic location for companies operating within Europe and the Middle East, its excellent climate, the well developed infrastructure and the plentiful supply of highly qualified and skilled work force are some of the pluses that have placed Cyprus on the map as a successful business centre.
With incredible real estate options of properties for sale in Cyprus in prime locations in all the coastal cities, we are certain that you will find your ideal Cyprus property, whether you are looking to buy a luxury permanent home, a gorgeous holiday home or a magnificent real estate investment property on the island of Aphrodite.

So the 1974 invasion was followed by an influx of the Lebanese as a result of their civil war, with millions of investments in Cyprus, the oil boom that followed in the 1980's had again helped Cyprus due to the influx of millions of petrol dollars, including the creation of an Arab based demand for real estate, the Yugoslavia civil war has had a similar effect, whereas the Russia revolution of the Yeltsin era, has added to the island's good future.
So, we do have the Limassol Olympic tower (in fact it is now under development), the Limassol Land Mark, a very large multi storey project, a new one at the ex-Halepi site in the Nicosia centre, a new project at Larnaca of 35 floors, another 3 multi storey projects in Nicosia, the ex Electricity Authority of Cyprus site at Santa Rosa avenue, the Limassol marina (under way), the just issued permit for Larnaca golf, the Kykko monastery site of 300.000 land, as well as numerous others.
An upscale beachfront home would typically cost 4,000 to 5,000 euros per square meter, while a luxury home in Larnaca, the large city closest to Pano Lefkara, would run about 2,000 euros per square meter, said Sophia Morphis, an agent with Africanos Real Estate, which has the listing for this villa.

We also offer a wide selection of properties to suit customer's requirements from simple holiday apartments to Houses, dream villas, or investment properties such as Land, Hotels, Shops, Offices, business etc. Cyprus has always been a magnet to foreign homebuyers due to its plethora of business and lifestyle advantages.
The real estate agent will give legal advice, work with the government on taxes and levies, and work with the bank on your home loan. Cyprus Real Estates "INVESTIA" has been a successful business in the Cyprus property market for over 40 years providing services to hundreds of clients all over Europe, Russia, CI

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