December 2016 saw the largest amount of property sale and purchase deals in Cyprus since September 2008.
The number of property sales in Cyprus continued their upward trend in November with sales rising by 46 per cent compared to November 2015 according to official figures from the Department of Lands and Surveys.
We have the first architecture droving of “new Tritoftidi clinic” know called The Cedars Oasis Tower.
September 2016 was marked by an increase in property deals all across the country. The biggest leap has been observed in Limassol, where the sales surged by 71%, followed by Larnaca (at 42%), Paphos (at 40%) and Nicosia (25%). Famagusta region has the lowest surplus estimated at 7%.
The applicant’s parents are also entitled to apply for Cyprus citizenship
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Changes will attract investors who will chose Cyprus as their basis of residence and economic activity
The good news however is that this year there are significant discounts as high as 75 per cent. For those who will settle their IPT ahead of the early-bird deadline, which is October 31, they will get a 75 per cent discount on their due amount, thus paying only 25 per cent of the total.
During July a total of 625 contracts for the sale of commercial and residential properties and land were deposited at Land Registry offices across the island.