Business class property owners in one of two capitals willbe able to exchange their objects for apartments or a villa in Cyprus, asreported by Kalinka Group, which launched a special trade-in real estateprogram.
To become a member of the program, you must have a propertywith an area of no more than 150 square meters. m. in monolithic and brick housesno older than 15 years, located within walking distance to the metro. Exceptionscan be for apartments in the city center. At the same time, Moscow real estateshould be located within the Sadovoye Kol'tso.
Experts will evaluate the proposed apartments on the yieldfrom the rent (at least 10−15% per annum), the real cost and liquidity.Property that fits all criteria can be exchanged for Cyprus. In case the objectin Cyprus is more expensive than Moscow or St. Petersburg real estate, you willneed to pay extra.
Due the attractiveness of the Cyprus passport and the allopportunities, the company predicts a high demand for a new program.
The trade-in scheme appeared on the real estate market afterthe 2008 crisis, when the demand for housing dropped dramatically. Developersbegan to use this option to stimulate the buyer. The essence of the scheme isthat the buyer reserves an apartment with the developer, and his own housing issold either to the developer himself or through a realtor partner. The moneygoes to pay for an apartment in a new building. If necessary, a surcharge is made.