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Frequently asked questions
To acquire immovable property in Cyprus, a third-country national must obtain permission from the Council of Ministers. The process involves submitting Form Comm. 145 to the District Officer in whose district the property is situated. It is important to note that the villa or house to be acquired should not be larger than necessary for the intended purpose. For instance, the land plot should be large enough to build a residential home. The law governing this process is The Immovable Property Acquisition (Aliens) Law, Cap. 109.
Due to its robust economy and European Union membership, Cyprus is a stable and attractive investment opportunity. The real estate market in Cyprus is promising, with rental yields for investment villas averaging around 3% annually (RICS Residential Property Price Index 2023Q4). It presents the potential for a steady passive income and significant return on investment in the long term. We believe that purchasing a villa in Cyprus is a wise investment choice, as it can bring numerous benefits to the owner.
The top 5 luxury villas in Cyprus listed on our site are:
- 4-bedroom villa in Pyrgos, Limassol - €15,800,000 Details
- 3-bedroom villa in Limassol Marina, Limassol - €9,600,000 Details
- 6-bedroom villa in Germasogeia, Limassol - €9,500,000 Details
- 4-bedroom villa in Limassol Marina, Limassol - €9,200,000 Details
- 7-bedroom villa in Mouttagiaka, Limassol - €7,900,000 Details