What are the immigration policies and advantages for Cypriot immigrants to buy a house?

Cyprus has great potential for real estate investment, not only because of its superior geographical location and rich tourism resources, but also because Cyprus housing immigrants have become one of the important choices for domestic immigrant applicants. The vigorous development of real estate in Cyprus has naturally given birth to a number of intermediaries who are immigrants to buy houses in Cyprus, so it is particularly important to choose an honest and reliable intermediary. The following global immigrants take you to know some information you must know about housing immigrants in Cyprus in advance:

Related taxes and fees

Learn about the property tax. The property tax in Cyprus is relatively low, and it is not as high as that in other European countries. Because the property tax in Cyprus is based on the British tax law, everyone can calculate it according to their actual situation.

No value-added tax means that it is not a new house, and the Cyprus immigration law stipulates that one or more sets should be bought at least 300,000 euros+value-added tax. Although there is no explicit stipulation that it is not allowed to buy second-hand houses, it still has a certain impact on the approval of PR.

Distinguish between sea view rooms and school districts.

We all know that many people go to Cyprus to buy houses and immigrate for their children's education, so these people have a great demand for school districts, and many developers use this psychology to fool them. Here, I want to remind you not to be easily deceived. You'd better go to the school to learn about it, look at the environment around the school and get to know the developers near the school. We should also pay attention to distinguish between good and bad sea view rooms, so that we can better invest in potential real estate.

Try not to buy "uncompleted residential flats"

It is recommended not to buy "uncompleted residential flats" as much as possible. If you buy an uncompleted residential building, you should also make sure whether it has the title deed of the land. Basically, the developer will distribute the title deed to all tenants after the first floor. When buying uncompleted residential flats, we must put forward an indemnity agreement during the contract negotiation, and let the legal adviser investigate inside the land registry to see if the land is mortgaged.

If the developer refuses to sign an indemnity agreement, it is recommended not to buy it; After signing the contract, it is suggested that the purchase contract be sent to the land registration office for stamp registration to ensure that the property is protected by law.

Average price of real estate in Cyprus

Except for the capitals Nicosia and Limassol, the price of apartments in Cyprus will be high, generally around 300,000 euros. The houses recommended by global immigrants are all high-quality houses, ensuring that you can buy with confidence and live comfortably.

To sum up, I hope I can give some good suggestions to those who invest in Cyprus and avoid some misunderstandings. In fact, Cyprus, as a pioneer of housing immigration, has its unique advantages, and the future trend of real estate will still be well received.

When buying a house in Cyprus, whether your partner's lawyer is useful is the most concerned issue for investors. After all, buying a house in Cyprus and many other aspects need the help of a lawyer. A good lawyer will consider the interests of investors, help you buy a house in Cyprus with more confidence, and will patiently solve any problems in your immigration process.

Whether it is necessary to choose a brand developer to buy a house in Cyprus has made many domestic buyers hesitate. In fact, in addition to paying attention to the location, supporting facilities and transportation facilities in Cyprus, the developer brand also needs to be considered, because there are many small developers in Cyprus and there are many housing construction problems.