On this Sunday in April, we at Realigro decided to move and scroll on the globe, looking for a new country to analyze. On the basis of the most sought after locations, we realized that we could certainly not let slip a country, truly unique. Third largest island in the Mediterranean Sea, with a climate among the best in the world, and last but not least the crystal clear sea ... you guessed which country we are talking about? With its undisputed beauty Cyprus is the protagonist of our mini guide! Many were in fact tourists who decided, once visited the island, to settle permanently, setting their lives from scratch.
So, if you are also interested in taking this big step but you are afraid to do so for little information on the subject, no fear! The solution is right in front of your eyes!
Buying a property in Cyprus has never been so simple! Let's start!
Let's start by saying that what attracts more tourists as well as potential investors in this land, is the cost of living, very low. To better understand what are the figures we are talking about, when you decide to move to this country, we have drawn up a list with all the products and expenses that you should hypothetically incur.
Milk (normal), (1L) 1,34 €
Fresh white bread loaf (500g) 1,41 €
Rice (white), (1kg) 1,42 €
Eggs (normal) (12) 2,59 €
Local cheese (1kg) 7,80 €
Chicken breast (boned, skinned), (1kg)6,68 €
One way ticket (local transport) 1,50 €
Monthly subscription (full price) 40,00 €
Monthly utilities 119 €
What are the areas where it is better to buy a property?
Most of the foreigners who decided to reset their lives from Cyprus, settled in the following cities: Limassol, Nicosia the capital, Larnaca, and Paphos. One of the elements that prompted investors to take this decision was undoubtedly the favorable tax regime, which allows citizens to enjoy luxuries of all kinds at very low prices.
Even young entrepreneurs with the dream of opening a new start-up, have certainly not escaped this country, given the lean and fast bureaucracy. The only step to be taken before we can make economic progress in Cyprus is to obtain a permit for employment and temporary residence (in order to avoid having to leave the island within 90 days). As far as property prices are concerned, the main difference lies in the area to be selected, more or less close to the coast. It is obvious that the capital and the seaside resorts are particularly affected by the influence of tourism. But you can also find really convenient opportunities from 55,000 euros.
There are no more or less suggestive areas, as it is an island of unique beauty. How can we not mention the beautiful waterfalls of Kalidonia or the Roman Fortress?
And so, at the conclusion of our mini guide, we can only wish you a good journey to discover one of the most beautiful places in the world!
Moving to Europe
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On this Sunday in April, we at Realigro decided to move and scroll on the globe, looking for a new country to analyze. On the basis of the most sought after locations, we realized that we could certainly not let slip a country, truly unique. Third largest island in the Mediterranean Sea, with a cli ...
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