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I want a villa in Cyprus

Regardless of the season of the year, Cyprus is always sunny, cheerful, festive and fascinating.

In this fabulous paradise, every year more and more Russian-speaking and where the sun’s rays shine brightly almost all 365 days a year, you want not only to indulge in a pleasant rest, but also to live forever.

However, owning property in Cyprus is not only a sense of celebration for body and soul, first of all, it is a very effective investment of capital. In a very short time, the money spent on the purchase can be returned. How? Renting a house for rent.

For example, a villa can be successfully turned into a mini-hotel. And if in the period of “low” season, a tourist is ready to pay out not more than one and a half thousand euros a week for his stay, then at the very height of his stay the cost of living in villas reaches almost five thousand.

As you know, Cyprus is a free economic zone with very gentle taxation conditions, so it is very profitable to engage in investment / financial, trading activities and even pay the notorious costs of housing, which is also taken into account when buying property on the island and renting it out.

Cyprus is simply replete with firms and firms for the construction and sale of real estate, helpfully completing transactions and providing qualified consulting services to future owners of a house, apartment, or even a land plot of up to 2,675 sq. M. A residence permit can be obtained only by those who have a monthly income of 3,000 Cypriot pounds.

The arsenal of real estate in Cyprus is large, and its value depends on the location, layout and size. City apartments (one bedroom) will cost the buyer 100 thousand dollars and more, with two bedrooms – from 145-150 thousand. Villas, respectively, are more expensive – from 250 thousand dollars (comfortable elite, on the coast – within 850- 900 thousand dollars).

If you have decided to buy property in Cyprus, then you should remember that the cost of an already finished object will be 15-20 percent higher than its price at the design stage and the start of the construction process. You should also not forget about the possibility of obtaining a mortgage loan at very low interest rates (average annual rate – at the level of 4-5%, term – up to 30 years), which is also a good help on the way to your cherished “Cypriot dream”.

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