Property Canvas - Paphos Properties for sale and rent

Can non-EU citizens buy property in Cyprus?

Foreigners are permitted to acquire property in Cyprus and as compared to several European nations, it is far simpler to do so in Cyprus. The acquisition of real estate in Cyprus is completely open to EU nationals with no limitations. It is still feasible for citizens of the United Kingdom to do so, although the laws have altered significantly since the country withdrew from t...

How easy is to buy a property in Cyprus?

It is not difficult to buy property in Cyprus. Foreigners are permitted to own one property in Cyprus and are able to hold land freehold. However, there is a maximum restriction of three donums on land ownership for non-citizens (4,014 sq m). Permission from the government is required in order to register a property. However, this may be quickly secured via the assistance of a...

What are the rules for buying a property in Cyprus

You may find yourself asking this question if you have begun looking into acquiring an overseas home. It is a genuine and crucial inquiry that has a great deal to do with your financial and economic situation. It is quite simple to just plunge into dangerous decisions such as purchasing a property in the hopes of making a financial benefit without thoroughly researching or und...

Can a UK Resident buy property in Cyprus?

When the Brexit transition period came to an end on January 1, 2021, people of the United Kingdom were classified as "third country" nationals, which is a term used to describe citizens of countries that are not members of the European Union. Cyprus (and notably Paphos) is a popular destination for British people looking to buy a second property in the sun. In the meanwh...

Is a property in Cyprus a good investment?

Cyprus is a member of the European Union and the British Commonwealth - the Eurozone - and is also a member of the World Trade Organization and the International Monetary Fund. The country has a favorable tax policy, and its gross domestic product (GDP) grows on a yearly basis. Cyprus has a well-developed infrastructure as well as a diverse range of entertainment options. Add...

What are the costs of buying a house in Cyprus?

When it comes to purchasing a property in Cyprus, there are several financial advantages. Property costs in Cyprus are extraordinarily inexpensive - you can buy a studio apartment in Paphos for as little as €40,000, which is a bargain by any standards. For property owners, there are also tremendous tax incentives available, with no inheritance tax in Cyprus; and f...

5 MISTAKES FIRST TIME HOME-BUYERS MAKE

The majority of individuals have dreams of owning a home and are very clear about what they want and how much they want to spend on a mortgage, but they overlook numerous crucial factors. There is fierce competition for homes in this hot market for home buyers, and many are making all-cash bids. Yet if you are unaware of all the complications involved in buying a home, you can...

BUYING A HOME THAT FITS YOUR LIFESTYLE

Finding the right home and one that truly fits your lifestyle is one of the most important decisions you’ll make. It should fit with your lifestyle and have the right floor plan and style that you’ll love for years to come. Size is important when considering a home. If you’ve got a large family, they probably won’t be comfortable in a small two-bedroom,...

Defining a Real Estate Team

Finding a place to call home is one of the ultimate goals of anyone who is using the term real estate. However, actually moving into finding that home includes much more than packing boxes and moving in. Not only will you have to find a home, but you will also have to find the right resources and people to help you achieve your goal of finding exactly what you want....

NEW HOMES: THE BEST INVESTMENT IN THE PAPHOS MARKET TODAY?!

It may be more advantageous to invest in new homes than in resale homes in the current market, particularly in the Paphos region. To help readers make an informed choice, this article atempts to oﬀer insights into the beneﬁts of new properties along with relevant data. Currently, a two-bedroom apartment that is 15 years old costs just under €200,000, while a brand...

Distressed Property: Is it a Positive Investment?

There are many investments that are made in real estate, most which are expected to allow the price of the property to go up. However, sometimes the value of a property starts to decline. If you have run into a property that is like this, you will want to decide if it is worth investing in. Distressed property is one of the questions that several ask when investing ...

Investing in Cyprus Property: A Comprehensive Guide

As the allure of the Mediterranean continues to captivate investors worldwide, Cyprus emerges as a prime hotspot for real estate ventures. With its picturesque landscapes and promising returns, it's no wonder many are considering a property investment in this island nation. In this edition, we delve deep into the essentials every potential investor should be aware of. 1. Navig...