Property for Sale in Cyprus – Homes For Sale Cyprus
Explore homes for sale Cyprus by searching our Cypriot real estate listings from owners, agents, developers, and hotel owners. Whether you’re looking for land to build a new home or an investment opportunity, Cyprus offers a variety of options.
Selling Property in Cyprus
Homesgofast.com provides exposure to international buyers seeking holiday homes, relocation properties, second homes overseas, or investment opportunities. Consequently, our platform attracts visitors from the UK, USA, Europe, and beyond, allowing you to advertise your Cypriot property listings effectively.
Land for Sale in Cyprus
Use Homesgofast.com to find land for development in desirable locations such as Nicosia, Limassol, and Paphos. You can enjoy stunning urban and coastal views, proximity to cultural landmarks, and vibrant communities. Moreover, you can find land for sale near popular tourist attractions and dynamic cityscapes.
Investing in Cypriot Real Estate
Rental Income
If you are a nonresident earning rental income in Cyprus, you are taxed at a flat rate on the gross rental income. Unfortunately, deductions are not allowed.
Investment Property Cyprus
Capital Gains
Capital gains from property sales are subject to local regulations. However, exemptions and deductions may apply, reducing the effective tax rate.
Inheritance
Inheritance tax is imposed at varying rates depending on the value of the estate and the relationship of the beneficiary to the deceased.
Residents
Cypriot residents are taxed on their worldwide income, including income from property investments abroad.
For more information, the Statistical Service of Cyprus provides independent statistics on various economic indicators.
Cypriot Properties for Sale
Recent sales in Cyprus include:
- A luxury villa in Nicosia
- A seaside estate in Limassol
- Charming apartments in Paphos
- Modern penthouses in Larnaca
Living in Cyprus
The rental market in major Cypriot areas and popular tourist regions can be competitive. Rental prices vary, but you should expect to pay a premium for central and scenic locations. The demand for rental properties is high due to the influx of tourists, expatriates, and investors.
Buying a House in Cyprus
Property transaction costs in Cyprus typically range from 6% to 10% of the property price. Buyers are responsible for these costs, which include real estate agent fees, notary fees, and registration fees. Real estate agent commissions are usually between 3% and 6% of the sales price, plus VAT. Notary fees and other closing costs vary but are often significant.
Nicosia Property
Nicosia, the capital, is known for its vibrant culture, historic architecture, and diverse real estate market. Therefore, property prices are highest in central districts like the Old City and Strovolos. Search for “homes for sale Cyprus” to find the best options.
Limassol
Limassol, known for its beautiful beaches and luxury resorts, is a prime location for holiday homes and luxury properties.
Paphos Real Estate
Paphos offers stunning properties with breathtaking views of the Mediterranean Sea. It is a popular area for both residential and investment properties.
Larnaca Real Estate
Larnaca is renowned for its picturesque coastal landscapes and modern infrastructure. It offers a mix of luxury homes and high-rise apartments.
Discover Your Dream Home: Exclusive Properties for Sale
Whether you’re looking to immerse yourself in the vibrant culture of Cyprus or seeking a serene getaway in various picturesque locations around the world, our curated list of properties offers something uniquely suited for every discerning buyer. Explore our diverse collection of luxury homes and villas, each promising a distinct lifestyle and exclusivity. Our Cyprus real estate website provides detailed listings to help you find your dream home.
Typical Homes For Sale in Cyprus
- Luxury Villa in Nicosia
Price: $1,500,000 USD
Features: 6 Bedrooms, 7 Baths, 800m²
A lavish estate with modern amenities and expansive gardens. - Seaside Estate in Limassol
Price: $1,200,000 USD
Features: 5 Bedrooms, 6 Baths, 750m²
Elegantly designed villa with scenic views. - Charming Apartment in Paphos
Price: $400,000 USD
Features: 3 Bedrooms, 3 Baths, 300m²
A stylish apartment in the heart of the city. - Modern Penthouse in Larnaca
Price: $700,000 USD
Features: 4 Bedrooms, 5 Baths, 500m²
A contemporary penthouse with stunning city views.
Property For Sale By Owner
At Homesgofast.com, property owners have the opportunity to sell their homes directly through our platform. This allows buyers to purchase homes directly from the owners, ensuring a more personalized and potentially cost-effective transaction. By listing your property with us, you can reach a global audience and manage the sale process on your terms.
Cheap Property for Sale in Cyprus
If you are looking for affordable options, there are many cheap houses for sale in Cyprus. Homes for sale in Cyprus can range from budget-friendly apartments to charming homes. These properties provide an excellent opportunity for first-time buyers and investors looking for cost-effective real estate options.
Properties in Northern Cyprus
Northern Cyprus offers unique investment opportunities with a different legal framework. It’s essential to understand the distinctions and ensure legal advice is sought. Popular areas include Kyrenia and Famagusta, known for their stunning coastal properties and historical significance.
More Areas Where Homesgofast.com Helps Sell Cypriot Property
- Ayia Napa Real Estate Listings
- Protaras Real Estate Listings
- Paralimni Real Estate Listings
- Pissouri Real Estate Listings
- Troodos Real Estate Listings
- Kyrenia (Northern Cyprus) Real Estate Listings
- Famagusta (Northern Cyprus) Real Estate Listings
Resources
More about Cyprus here: Cyprus
FAQs About Cyprus Real Estate for Foreign Buyers
Can foreigners buy property in Cyprus?
Yes, foreigners can buy property in Cyprus. However, it is important to be aware of the local regulations and restrictions that may apply.
What are the ownership restrictions for foreigners?
Foreigners can purchase property in Cyprus without significant restrictions. However, owning land in Northern Cyprus might have additional regulations.
What is the process for buying property in Cyprus?
The
process for buying property in Cyprus includes finding a property, signing a preliminary sales agreement, conducting due diligence, signing the final sales contract, and registering the property. It is important to work with a reputable real estate agent and legal advisor.
Are there financing options available for foreign buyers?
Financing options for foreign buyers in Cyprus are available through local banks and financial institutions. The terms and availability may vary, so it’s essential to explore different options.
What taxes and fees are associated with buying property in Cyprus?
When buying property in Cyprus, foreign buyers need to pay registration fees, notary fees, and other administrative costs. Additionally, there may be taxes on rental income and capital gains tax on property sales.
Where to find more out about Cyprus
Cyprus Government Official Site
