Apartments for sale in Cyprus

In total 3,808 listings
Limassol Limassol
1,579 listings
Larnaca Larnaca
395 listings
Paphos Paphos
802 listings
Ayia Napa Ayia Napa
53 listings
Famagusta Famagusta
318 listings
All Cyprus
3,808 listings
FAQ about Cyprus
Can foreigners get a mortgage to buy an apartment 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 an apartment 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 an apartment?
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 an apartment in Cyprus?
It takes about 2 months to register property ownership of a apartment 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 apartment prices in Cyprus?
Apartment prices in Cyprus vary across regions and locations.
What taxes are charged on apartment purchase, ownership, and sale in Cyprus?
Property transfer fees range from 3 % to 8 % depending on the apartment 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
Alexandra Borisova
Alexandra Borisova
Real Estate Expert Tranio in Cyprus
+44 17 4822 0039
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