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Everything you need to know about investment properties. Is it a good investment, or a big bubble?
I am talking about my opinion and experience of the Cyprus real estate market for investment purposes.
I am living in Cyprus for 4 years and I saw a lot of big investors moving to Cyprus and buying many properties here. In all cities like Ayia Napa, Larnaca, Limassol, and also Paphos, where I live.
There are many reasons why investing into the Cyprus real estate market makes so much sense.
For example the residency by investment program, high yields up to 10% or more, and also lower VAT, if you buy a new property for the first time.
You can even buy Offplan properties, which is very popular in Cyprus.
The prices in Cyprus are definitely not cheap anymore, but if you find the right property, and you have a nice business idea, you can definitely have a high ROI, even these days.
Especially residential properties are very popular in Cyprus, because investors turn long term rentals into short term rentals and Airbnb's, and instantly increase their yield return.
It's all about working with professionals, and that is why I also offer my services in regard to finding the perfect property for you.
Contact me: Ricardogorski.com/cyprus
Connect with me on Insta: @ricardogorski
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