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When deciding on a city to buy property in Cyprus, you can consider several popular destinations based on your preferences and goals:
1. Ideal Climate and Scenic Nature:
Cyprus is famous for its mild Mediterranean climate with over 300 sunny days a year. You can enjoy warm seas, clean beaches, and picturesque mountain landscapes all year round.
2. High Standard of Living and Safety:
Cyprus is one of the safest countries in Europe with a low crime rate. The high standard of living, developed infrastructure, and quality healthcare make Cyprus an attractive place for permanent residence and holidays.
3. Favorable Tax Regime:
Cyprus offers favorable tax conditions for foreign investors. Low tax rates, no capital gains tax, and the possibility of tax benefits make real estate investments particularly attractive.
4. Convenient Geographical Location:
Situated at the crossroads of Europe, Asia, and Africa, Cyprus has convenient transport links to major global centers. The international airports in Larnaca and Paphos provide easy access to most European cities.
5. Rich Cultural and Historical Heritage:
Cyprus boasts a rich history that goes back centuries. You’ll find numerous archaeological sites, ancient temples, and museums here. The unique cultural atmosphere of the island makes it a special place for living and leisure.
6. Dynamic Real Estate Market:
The real estate market in Cyprus is actively developing, offering a wide range of properties – from luxurious villas and apartments to commercial spaces. Investments in Cypriot real estate provide stable income and high potential for price growth.
7. Residency Opportunities:
Buying property in Cyprus opens up the opportunity to obtain residency for you and your family. The “Golden Visa” program allows investors and their families to gain permanent residency and, eventually, citizenship.
8. Excellent Business Conditions:
Cyprus is an attractive place for business due to its favorable tax regime, stable economy, and highly developed financial infrastructure. Starting a company in Cyprus provides access to the European market and international business connections.
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