With a multitude of financial reasons to invest in a property in Cyprus or multiple properties and a number of other factors that make this the most attractive place without a doubt in all of Europe to invest. This is not simply an interpretation or biased view. Many of the UK’s leading property analysts are praising Cyprus as the best destination to invest in for many years to come. Many of the UK’s leading newspapers have recently been addressing the Cyprus issue. There is a vibrant economy and large-scale investment for the future with the only stable economy in Europe and beyond. Property prices remain realistic despite the huge popularity of the islands! There are also tax breaks to brighten any investor’s eyes, including exemption from capital gains tax (to currently include real estate). Cyprus also has a double taxation agreement with the UK and many other countries too! In some cases, you are also entitled to a tax refund on properties purchased during a certain period! Candy.
However, the true measure of investment property is the ability to make money on it. This is also another reason to invest here! A very recent Times survey has found this to be the number one destination for overseas property buyers in the world without exception for retirement. Added to the torrent of publicity that surrounds the Island and the high demand for properties here (including rentals).
There is no doubt that if you want to treat yourself, this is the best place to spend your money! More importantly, the Cypriot government has signaled that it will not jeopardize the real estate market in any way by imposing large-scale taxes or legislation for the long-term benefit of the region, as they are fully satisfied with the system as it stands. es and they also plan to promote and invest heavily in infrastructure and tourism over the next ten years!
The tax system from pensions to property is among the best in the world. Mortgages are also very easy to obtain here. There is a wealth of information available to the potential foreign buyer on investing in Cyprus property. You are sure to find the Cyprus real estate investment opportunity too good to miss out on. The number of great investors inquiring here at the moment is truly unbelievable!
