Real estate continues to be a privileged investment for any family office. There is a good reason why almost all CBI programs offer a real estate investment option. If you choose correctly, a real estate investment can provide you with a steady flow of relatively easy passive income for decades. And one of the best places to make such an investment is Cyprus.
Real estate has seen significant growth in the last few years in Cyprus. This surge in the market has two main reasons: 1) Increased trust for investors thanks to the pro-business reforms and 2) The residency and citizenship programs.
As we explained in our CBI section, investing between 2 and 2.5 million euros in residential or commercial real estate is the first step to acquiring Cypriot citizenship by investment. Likewise, there is a smaller investment program to obtain the fast-track permanent residence in Cyprus, where you must invest at least €300k to get it.
Considering the tax optimization opportunities Cyprus offers, and the fact that its passport opens the EU for those who get it, Cyprus offers an excellent program for investors.
As usual, we only bring first-level opportunities for you. We would not bother you if we didn’t know the offer we bring to you is the absolute Cadillac of its kind. That is why we are happy to announce our partnership with an unparalleled real estate developer in Cyprus. Our partners offer tailored packages for high net worth individuals looking to apply to the Cyprus CBI and RBI programs.
We come here to offer you join our club of Smart Investment Solutions: investment packages that qualify for the Cyprus CBI and RBI programs that are tailored to diversify your investment and provide you with serious investment returns.
Real estate is widely considered one of the wisest investments you can make in Cyprus.
Like most of the economy, the real estate sector saw a hit due to the financial crisis in 2013. However, from 2018, with the influx of investment and the pro-business reforms, the market is rising again. Those who took advantage of the distressed assets in the real estate market are seeing top gains from their investments now when prices are rising.
Right now, there is a massive demand for highly valued property, especially villas worth around €2 million. The issue is that there is a need in the market for more villas, which means there is a significant business opportunity for those willing to invest in building them.
After eight years of housing price falls, the economy’s stabilization, and the influx of investment in the real estate market has led to a rise in the construction activity and the prices. In fact, only during the first half of 2019, property sales rose almost 25 %, continuing a five-year trend of increasing sales.
And that is where we come in.
We work with a top provider with over 35 years of experience in Cyprus real estate. This development group has delivered over 4000 properties and continues offering high net worth individuals excellent projects with state-of-the-art design in the Eastern coast of Cyprus.
Cyprus East Coast
Cyprus is, by far, one of the best-known year-long tourist destinations in the Mediterranean. It enjoys more than 320 years of sunshine per year, a millenarian culture, and some of the best beaches in the region. If you go to Cyprus, you will quickly notice why Ancient Greek mythology said Aphrodite was born from the foam of the sea in Cyprus.
Ayia Napa is the most popular location in Cyprus’ east coast, and it concentrates almost 55% of the tourist market in Cyprus. Of course, our partners’ properties are mostly located in Ayia Napa or other parts of the eastern shore.
Cyprus eastern coast offers visitors spicy sun, stunning coves, and crystalline beaches with welcoming taverns. If you are looking to relax in a luxurious resort or party until the morning, Ayia Napa and Protaras are your best destinations.
They have 22 blue flag beaches and more than half of the tourist and rental bookings in Cyprus. Moreover, they have the best agricultural land in Cyprus. So, you can go on the weekends to the farmers’ markets to buy fresh, organic fruit and have never-ending wine trails close to your luxury resort.
Investors from all over the world are noticing the potential of Eastern Cyprus, you can see it by the new and upcoming projects in the region:
- More than 20 km of coastal footpaths
- An 18-hole golf course resort
- The Ayia Napa Marina, set to be the biggest in Europe, plus an additional marina in Protaras
- The first private university in the area
- Ayia Napa casino
Not convinced of the potential yet? Just look at these stats:
- Over 70% of the real estate transactions are from non-EU residents. People from all over the world understand Cyprus’ potential and find it easy to invest in this otherworldly island.
- 20% increase in value of new building permits. Your investment will gain value from the moment you acquire it.
- 72% growth in sales and contracts. We are talking about a dynamic market. When you decide to rent or sell, it will not take long.
- 8% increase in sale contracts for high-end properties of over €2 million.
- 14% of yearly tourism growth in 2018
How to invest in the Cyprus CBI program?
You can read our CBI section for detailed information. You can apply for the program if you’re a non-EU citizen with a clean criminal record and you make an investment between €2 million and €2.5 million (plus VAT) in residential or commercial real estate, AIF, or a Cypriot company plus a €150,000 donation to the Cypriot government.
To this end, our partners have tailored the Smart Investment Solution, a group of different packages and collections for different types of investors and needs:
Signature collection
- Eden Residence (Signature Apartments)
- Icon Beach Front Villas (Signature 3 beachfront villas)
- Pliades Beach Front Villas (Signature 2 beachfront villas)
- Semera Beach Front Villas (Signature 3 beachfront villas)
- Almaria A consisting of 28 villas
- Almaria B consisting of 8 villas
- Halki consisting of 9 villas
- Hestia consisting of 15 villas
- Ikaria consisting of 1 villa
- Ionion consisting of 63 villas
- Malama Seaview consisting of 10 villas
- Meliades consisting of 5 villas
- Nissi Residence consisting of 8 villas
- Mythical Blue a combination of 9 villas, 8 townhouses, and a building of 12 flats
- Mythical Sands with over 400 units built, sold, and only a few units available
- Mythical Spa with a spa center, gym, and cafeteria on the ground floor and basement, and with 24 flats for sale on 1st and 2nd floor
Let us detail some of them.
This are one of the most sought-after projects. It is located in the Malama region of Protaras. It is a complex made up of minimal, geometric properties. It comprises four, three-flor, five-bedroom villas. Each villa includes a basement area and a roof garden that will give you once-in-a-lifetime views of the Mediterranean Sea. And, as if that weren’t enough, they have an infinity pool of 55 sq mt.
The lkaria Villas are two 3-bedroom, 3-bathroom individual residences located in the town of Protaras, a popular resort town that is always buzzing, and which offers an array of shops, restaurants, and nightlife. The lkaria Villas are tucked away in a peaceful, quiet neighborhood where residents can relax in full view of the azure coast. They boast a luscious roof garden with relaxing views and an overflow, 32-meter swimming pool.
In an area of breathtaking beauty, just a stone's throw from the turquoise waters of the Mediterranean, Ionion Villas is one of the area's most prominent and exclusive developments. This remarkable project of 63 detached villas has been meticulously designed to take full advantage of the panoramic sea views only the home of Aphrodite can offer.
Generously sized plot areas with private pools, spacious verandas, and expansive gardens offer the ideal setting for relaxation and entertainment. With a stunning coastline, beautiful scenery, and tourist facilities just minutes away, this area is the ultimate choice for buyers seeking a unique property suitable for holiday, investment, or relocation.
The Halki Villas are a luxury development of 9 villas located in the lively resort town of Protaras. This group of conceptual, two-floor homes is inspired by their natural surroundings. It makes use of wood, stone, and fair-faced concrete elements to create a simple, modern aesthetic and authentic textures that are pleasing to the eye and touch.
Spread over a large plot area of 8075 square meters, the villas are organized to create large, fluid spaces that allow natural ventilation and sea views. Each villa comprises three bedrooms, with covered parking areas, a high-tech overflow 27 sq mt swimming pool, as well as a barbecue area and plenty of space for a unique, outdoor dining experience.
A welcoming retreat in a delightful setting, the Mythical Sands Resort & Spa is the ideal choice for buyers seeking a permanent or holiday home in an upscale beach resort location. A combination of luxurious accommodation and superb communal facilities. It caters to visitors of all ages, which make Mythical Sands Resort & Spa a truly innovative and unique project for this area of Cyprus.
The resort, constructed in 3 phases, comprises 400 units of 1, 2- and 3-bedroom apartments and townhouses set within attractive green areas. The properties feature spacious sun terraces and private out-road parking.
Designed by a famed Greek designer, this landmark building of the Mythical Resort and Spa is set to bring additional value to the entire project and the overall area in which it is situated.
With a total building area of 2,350 square meters divided across four levels, including terraces and garden areas, the Mythical Resort and Spa is located a mere 500m from the lively, trendy Malama Beach and just a 5-minute drive from the city center and the buzzing tourist area of Protaras. The first and second floor of the spa offers boutique studio suites with views of pool and sea.
It features a relaxing hammam, a functional gym, a spa area as well as in-house creative specialists who are there to help guests design their ultimate relaxing vacation.
Investment packages
The Cyprus CBI program allows you to invest in different properties to meet the minimum amount of €2 million. Thus, our partners have prepared the Smart Investment Solutions: different investment packaged depending on exactly what you want to do in Cyprus.
Purchase one mansion
For example, if you are applying for the CBI program and intend to live or spend time continuously in Cyprus, purchasing a single mansion of the Signature Collection as your primary will allow you to fulfill the requirements.
Purchase four villas
A purchase of four villas is another strong investment option. Villas are located on the coastline within walking distance to the beach and built to the highest specifications, all featuring swimming pools. The purchase of Villas can be considered an excellent investment, considering the satisfactory ROI of the rental market.
Invest in tourism
This package includes a villa plus a commercial-hotel investment option. The investment options usually refer to the purchase of existing hotels or shareholding packages in hotel projects.
Mixed investment
A combination of these above-mentioned options is also a possibility.
How to purchase?
- Make the decision to buy and contact us
- After contacting us, please register your interest, so we can start finding the best package for you.
- Select a property from the options we pick for you. We can arrange a property tour so you can visit our properties in person and get to know the area.
- Property reservation and payment of deposit. Here we will sign a reservation agreement and all final conditions of purchase, including the final price. When you make the reservation deposit, the property will be taken out of the market and reserved.
- Preparation of the contract of sale
- Signing the contract of sale
- Submission of the contract of sale to the land registry department (this has to be done within 180 days.
- Completion of the sale. If you have purchased a project in development, we will keep you updated of the progress until completion. When it is completed, we will arrange the delivery and key handover. If you buy a completed property, this will be arranged immediately.
When this is set and done, you can also begin your citizenship by investment or residency by investment process with our migration experts. Read all the details in our section right here.
If you want to start the process, contact us right now!
$170,000
$2,500,000
$350,000
$1,400,000
$395,000
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