build. better. future
Cyprus is a perfect market for investing in real estate - it has been an attractive choice over the years to many international-profile buyers. One of the many reasons that make Cyprus an ideal place for individuals and companies to consider it as an option for real estate investment is that it offers opportunities for residency and naturalization, one of the lowest tax rates in the EU for income and corporate tax, and a comfortable living environment.
Now, let’s take a closer look and explain further why buying a property in Cyprus combines a plethora of benefits.
Buying property in Cyprus is the best and fastest way to obtain a permanent residency permit on terms which are unprecedented for Europe.
Available for CIS citizens
Speedy issuance
Life-long validity
Granted to immediate family members, including children
No residency requirements
Allows to open bank accounts across EU
Buying property in Cyprus is the best and fastest way to obtain a permanent residency permit on terms which are unprecedented for Europe.
Cyprus offers high-quality living conditions with its pleasant climate, blue-flagged beaches, beautiful landscapes, natural trails for hikers and a relaxed Mediterranean lifestyle.
Additionally, you will have access to top British schools and universities that meet international standards, cultural richness, and a multilingual supportive community. Also Cyprus has no pension tax, no global wealth tax and no dividend tax on all passive income.
Cyprus offers high-quality living conditions with its pleasant climate, blue-flagged beaches, beautiful landscapes, natural trails for hikers and a relaxed Mediterranean lifestyle.
People aspire to improve their living conditions driven by a combination of personal, societal, and economic factors.
A primary reason for seeking a higher quality property is living in a modern, safe, well-designed and architecturally beautiful property.
BBF has the largest in Cyprus portfolio of exquisite residences. With a highly qualitative bbf: property you can enjoy all the benefit of life in Cyprus to the fullest!
People aspire to improve their living conditions driven by a combination of personal, societal, and economic factors.
Cyprus offers the warmest climate in Europe year-round and is best known as a prime holiday destination in the Mediterranean.
Purchasing a holiday home in Cyprus allows you to endlessly enjoy its long coastlines and beautiful beaches, great weather offering 347 sunny days per year, a relaxed atmosphere with no hustles. Additionally, while you are away from the island, bbf: rental team can rent your property out, which may cover your entire holiday expenses. BBF has the largest portfolio of holiday homes in Cyprus, including :fremont, :flow, :capri, :sense and many more.
Cyprus offers the warmest climate in Europe year-round and is best known as a prime holiday destination in the Mediterranean.
Cyprus is a popular destination for property investors, who are attracted by high returns, strategic location between Europe, Asia and Africa, favorable tax rules, and flourishing real estate market.
With bbf: investors achieve high ROIs, whether they are looking for rental income or value appreciation. Property rental yield is nearly 7%, and value appreciation is up to 10% per annum.
BBF group is able to provide professional services to facilitate any scenario of your investment.
Cyprus is a popular destination for property investors, who are attracted by high returns, strategic location between Europe, Asia and Africa, favorable tax rules, and flourishing real estate market.
Economic and political swings in countries worldwide force entrepreneurs to relocate their businesses to more stable jurisdictions.
Cyprus has historically managed to attract foreign investors and entrepreneurs by creating a favorable environment for them. Therefore, when relocating a company, Cyprus is now at the top of the list of preferred jurisdictions for business relocation.
The biggest tax advantages are enjoyed by high-tech and civil and logistical ship management companies.
Economic and political swings in countries worldwide force entrepreneurs to relocate their businesses to more stable jurisdictions.
Frequently Asked Questions
- Warm year-round climate that is favourable for your well-being
- The cleanest seashores and Blue Flag beaches in Europe
- Rich culture, traditions and bilingual population (English and Greek)
- Lowest crime rate in Europe
- High-standard education according to European and International standards
- Simple procedures for getting permanent residency through investment in real estate
- Lowest taxes in Europe, double tax treaties with many countries
- Well-established aerial connections to Europe, Russia, the CIS, the Middle East, and African countries
The typical terms and conditions to obtain a mortgage, as per the standards of the local bank requirements, are:
- Potential applicants must officially work in Cyprus for at least one year
- Minimum down payment of 20-30% of the total property price, depending on the residency status of the applicant (the years of official employment in Cyprus of a third-country national buyer).
- Mortgage length depends on the client's age, stage of construction and the initial down payment.
- Stamp Duty payable to the tax department is calculated based on the purchase price stated in the purchase agreement and is calculated on a scale.
- Deposit fee payable to the lands office. This is a standard fee of €50.00 for purchase agreements. For assignment agreements, the deposit fee is equal to 0.5% and is applied on the highest purchase price with a cap of €3.000.
- VAT of 19%, if the property to be purchased is subject to VAT, with the potential to be reduced to 5%. Please contact our sales team for further details
- Transfer fees are payable to the lands office upon the transfer of the ownership and are only paid if the property to be purchased is not subject to VAT.
Commercial properties are delivered shell-and-core.
