For many years, resorts in Cyprus attract hundreds of thousands of tourists from around the world. In recent years, many people come here not just to enjoy a few weeks of excellent beach holiday or to visit ancient monuments, but also to buy properties in Cyprus. Especially now when the housing market in this paradise island is accessible to people with different financial capabilities, not just wealthy investors. And even a small apartment in Cyprus will make the vacation of owners not only to last longer, but also to be more private.
Of course, benefits of property owners in Cyprus are many. Let's try to highlight only some of them. For example, the ability to rest on the sea much longer for less money. Having bought apartments, flats, studios or homes in Cyprus, foreign owners no longer need to pay for an annual visa, expensive hotels and weekly tours - in fact they have their own homes! In addition, this housing can bring them a rental income during their absence from the country.
Each potential buyer of realty in Cyprus has its goals, requirements and individual financial capabilities. But the greatest demand among those who are looking for a holiday home on the island, enjoy the studios and two-bedroom flats in closed residential complexes. Why? Because, in comparison with detached properties, this type of housing is much cheaper. And why pay a few thousand Euros more if you do not plan to live in Cyprus all year round?
If a condo in Cyprus – the choice of beach lovers, the houses and villas - the choice of those who wish to combine business with pleasure. I.e., the sector of individual housing on the island - namely, houses and villas are of interest for those who wish not only to protect the capital against inflation, but also to take up a permanent residence in Cyprus. Because now when third-country national buys property from the owner, builder or realtor, the cost of which is more than three hundred thousand Euros, may allow the owner of housing to apply for a golden visa.
