Property for sale in Cyprus

In total 6,149 listings
2,348 listings
878 listings
2,236 listings
Ayia Napa
112 listings
579 listings
All Cyprus
6,149 listings

FAQ about Cyprus

Can foreigners get a mortgage in Cyprus?
Mortgages in Cyprus may be obtained to fund the purchase of an off-plan or existing property, or to finance improvements. A mortgage is typically obtained on a property with a title. With a 50% downpayment, an applicant is most likely to qualify for a mortgage to purchase a property priced between €150,000 and €1,000,000. Mortgage rates vary, starting from 3.7 %. When a property is under construction, the mortgage borrower is granted an installment plan.
How much do utilities cost in Cyprus?
Property maintenance costs are not very high in Cyprus compared to the rest of Europe. Total housing costs incurred by apartment owners are approximately €1,700 per year. The total housing expense for owners of villas with private pools is about €2,900 per year.
Can buying a property also get a residence permit in Cyprus?
Migration to Cyprus is very popular among foreigners as a permanent residence permit may be acquired with the purchase of a property worth about €300,000. An investment of €2,000,000 allows a person to get Cyprus citizenship.
How to get citizenship in Cyprus by buying a property?
Investment of about €2,000,000 into real estate, government bonds, or local business, and an additional donation of €150,000 to a government fund allows people to qualify for Cyprus citizenship by investment.
What is the process of buying a property in Cyprus?
It takes about 2 months to register property ownership in Cyprus. Tranio recommends that you comprehensively review all the details of a property purchase in order to avoid any problems at closing and upon registration.
What are the residential prices in Cyprus?
Property prices in Cyprus vary across regions and for different types of housing.
What taxes are charged on property purchase, ownership, and sale in Cyprus?
Property transfer fees range from 3 % to 8 % depending on the property value. The immovable property tax was cancelled in 2017. Now homeowners in Cyprus pay an annual municipality tax of €55–185 per year. Get more insights into Cyprus taxes in our article.
Can foreign citizens lease residential property in Cyprus, and what is the return on investment for a rental property?
Yes, they can. According to RICS, average rental yields of apartments in Cyprus are 3.9 % and a house lease earns 2.0 %, which is almost in line with returns generated by similar properties in the rest of Europe.
Tranio's managers are here to help you select a property
Maksim Zybin
Maksim Zybin
Real Estate Expert Tranio in Cyprus
+44 17 4822 0039
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