Wednesday, April 24, 2024

Cyprus citizenship by investment luxury properties for sale

The Republic of Cyprus grants fast track cypriot citizenship within 6 months to foreign investors who invest € 2 million euros in cyprus real estate in buying a home or estate. Property investment citizenship in Europe has become very popular among the wealthy chinese and russians.

  • Cyprus passport to investor, family and children.
  • Permanent lifetime EU citizenship with one-time investment.
  • Pleasant climate with mild winters and dry summers in Cyprus.
  • No physical residence requirements in Cyprus.
  • Profitable real estate investment
  • No military service. No cypriot language tests.
  • No restrictions on dual citizenships.
  • No taxes based on citizenship, unless domiciled based on tax resident status.
  • Excellent education and health care system in EU
  • Visa free travel to United Kingdom, EU member states, Canada, Singapore etc. over 160 countries
  • Live, work, study in 35 EU member states (Switzerland, Austria, France, Germany, UK, Sweden etc..)
  • Citizenship passed on to future familly generations through children.
  • Easy application process with high approval rates.
  • Dependents, spouse and children under 28 can be included in one single citizenship application.
  • The acquisition of citizenship in Cyprus is not reported to other countries.
  • Citizenship program open to all country nationals (except blacklisted countries)

The Cyprus real estate market has historically been divided into the major urban centres of Nicosia, Limassol and Larnaca, primarily driven by local demand; and the seaside resort areas of Paphos and Famagusta, which are mostly driven by foreign demand.

The main element of a healthy Cyprus real estate market has always been residential property and specifically, within the luxury segment, second homes.

The property options in Cyprus that offer buyers the highest value for money include:

  • Seafront properties
    • The areas in highest demand provide lifestyle aspects (i.e. beaches) and infrastructure, which are areas such as Limassol, Pafos, and Ayia Napa
  • Integrated master planned communities
    • These usually have a golf course or community at their core, offering properties that cater to all types of owners and include locals, new residents, second home owners and vacationers

The price per m2 for properties of this nature is regularly between EUR 10,000 – EUR 22,000 depending on the location and building specifications. A good figure to maintain is around EUR 10,000 as you can be comfortable knowing there is room for appreciation. Most foreign buyers purchase properties in the above mentioned classifications, as opposed to purchasing a property in the capital city.

The following luxury beachfront properties qualify for citizenship in cyprus.

Aphrodite Hills Villas

Aphrodite Hills Luxury Villas Cyprus offer a unique holiday experience like no other. Set within an award-winning 5-star resort, our luxury villas and apartments offer a slice of high end Cyprus life at its finest. Situated within a collection some of the most spectacular buildings in the local area with fine dining, activities and stunning views on every doorstep, Aphrodite Hills Luxury Villas and Apartments have to be seen to be believed

€ 3,000,000 onwards

Cyprus property

iHOME

iHOME is the newest and probably the most dramatic residential tower project on the Limassol skyline. It is destined to add a stunning new dimension to an already impressive stretch of the southern Mediterranean coast of Cyprus. iHOME is located in Limassol and provides superb accessibility and connectivity, making iHOME the prime residential location in the area. iHOME is a bijou condominium of sophisticated apartments, duplex apartments and penthouses that stand out as being something special.

€ 2,000,000 onwards

ihome cyprus

Limassol Pearl Apartments

The Limassol Pearl Apartments are just half a minute from glorious sandy beaches where you can try out all kinds of water sports… or just laze in the sun. Wander down to the cafes, beach bars and restaurants along the coastal strip, or visit the fabulous selection of upmarket shops and boutiques. Some of the country’s top hotels, spas and fitness centres are nearby, and you will find a selection of international-standard schools, medical facilities, and banks in the vicinity. If entertainment is what you are looking for, countless nightclubs, bars and top-class white-linen restaurants are not far from your door.

€ 2,000,000 onwards

Limassol pearl apartments

The Limassol Pearl consists of 5-storeys and the apartments are designed to allow the best views and comfort of space to surround you at your preferences and style. Two double height retails on the ground floor open onto the main piazza and four floors of three and four bedroom apartments and magnificent Duplex Apartments. An over ground and underground parking for 25 cars and extensive underground storage facilities are also available. There is also public parking available for your guest and the Do Wine & Dine on the ground floor.

The Oval

The Oval, the most state of the art office building in Cyprus, is setting new standards in workplace design. It is located just 100m from the sea in Limassol, Cyprus’ key business district with the most flourishing international community.  A collaboration between Cyprus’ leading luxury property developer Cybarco and internationally acclaimed architects Atkins, The Oval is being built on solid foundations with a joint track record of delivering outstanding quality for over 70 years.

€ 2,000,000 onwards

The Oval

Now in its final year of construction, The Oval will stand 16 floors high at 75m when it is completed in 2016.  Each of the building’s light-filled floors enjoys uninterrupted sea views, while the flexible open plan design makes it simple to adjust to the requirements of any business.

The project’s distinctive design is complemented by a luxury reception area on the ground floor, landscaped gardens and a cafeteria, as well as the services offered including property management, 24-hour security and controlled access to both the building’s premises and the two underground parking levels. With an energy performance certificate of ‘A’ rating, the project is a sustainable development using geothermal energy to minimise carbon emissions.

Limassol Marina

Limassol Marina is continuing to create waves in the Eastern Mediterranean and has become the most exciting new destination in the region. A milestone project for Cyprus, and the island’s first superyacht marina, it has already established itself as one of the most enticing and unique projects across Europe. The development offers 650 berths for yachts up to 110m, 162 luxury apartments and 74 exclusive villas, with private berths or direct access to the beach. It also benefits from fine dining and shopping establishments, an elegant spa, fitness and cultural facilities. Located in the heart of a vibrant city, it is surrounded by a rich history and a diverse, international community.

€ 3,000,000 onwards

Limassol Marina

Now over a year in operation, Limassol Marina’s first exclusive villas have been delivered to their owners. The Peninsula Villas are the only homes of their kind in the Mediterranean. Surrounded by water, they epitomise the essence of ‘living on the sea’ just a stroll away from the city center. They come complete with first-class facilities, 24 hour security and concierge services.

Vivo Mare

Vivo Mare comprises of nine ultra-lux villas in five different designs that are inspired by the location and the environment, and are all enhanced with an uninterrupted sea view from each luxurious home. Each six bedroom en suite villa has a private pool and a guaranteed rental of three years.

€ 2,500,000 onwards

 Vivo Mare Villas

Cape Blue Residences

€ 2,500,000 onwards

Cape Blue Residences feature 30 individually designed villas, most with sea view, to satisfy different wishes and expectations. The choice includes three to seven bedroom villas, with a total living area ranging from 250 to 600 square meters.

Cape Blue ResidencesEach luxurious property has its own plot of land measuring 1000 to 2100m² with a private infinity pool that melts into the horizon. Interior décor is highlighted with natural stone and wood features, giving each home a warm ambience without compromising luxurious contemporary comfort.

Coralli Shore Habitat

The Atlantida Apartments at Coralli Shore Habitat consist of four blocks with a wide selection of apartments, duplexes and penthouses, all built to the highest standards and offering the utmost in comfort, stunning interiors, privacy, communal swimming pools and round-the-clock security and concierge service.

€ 500,000 onwards

Atlantida flats

Coralli Shore Habitat is luxury property by the sea located just across the road from the beach front on a very quiet stretch of road. The location will offer the owners of properties many wonderful things such as the beach which is just a few meters away plus the project is also just a short distance from the marina. Coralli Shore Habitat integrates chic, modern architecture with amazing and incomparable Mediterranean style. The luxury villas, houses and apartments, lying in an oasis of lush gardens and swimming pools, are the epitome of quality and perfection. There is a diverse range of two to four bedroom houses, all built to the highest standards and offering the utmost in comfort, stunning interiors, privacy and round-the-clock security and concierge service. All homes enjoy striking, uninterrupted views to the Mediterranean Sea and to the St. Raphael Marina Yacht Club.

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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