Property Investments in Cyprus
Investments in real estate remain one of the most reliable ways to preserve and increase capital. However, when creating a successful investment portfolio, the right choice of an expert company plays an important role, which will help develop an effective investment strategy.
Company Velesclub Int. is just such an expert team. Since 2015, we have successfully occupied a leading position in the field of international real estate. Our services already cover more than 20 countries around the world, and we continue to grow and develop.
Cyprus is an attractive market for property investment. The local economy is growing at a steady rate of 3.5% per year on average. GDP indicators remain strong and the Cypriot economy is flexible and able to cope with global challenges.
“The supply of resources for the construction sector now flows smoothly to the island, which opens up new opportunities for the development of construction projects. Residential property prices in Cyprus are expected to remain stable and not decline. Great demand for island real estate is provided by foreign buyers and business relocators, who are attracted by the friendly government policy and the stability of Cyprus,” says the head of analytics and investment unit VelesClub Int. Ksenia Shamitko.
Foreign investors continue to influence the Cyprus property market. Thanks to the influx of citizens from various countries, including Russia, Ukraine, Belarus, Lebanon and Israel, the island's population has increased significantly, which has led to an increase in rental prices. There is especially great interest in commercial real estate in the city of Larnaca.
The main factors for rising property prices in Cyprus will remain the influx of relocators and foreign investors, a limited number of offers on the market, rising incomes and disposable income of the population, as well as soft requirements of credit institutions and low interest rates. The Cyprus market is open, the economy is developing and the tourism sector is growing strongly. Low taxes, a favorable political environment, diversified investments, excellent climate and culture create all the conditions for the influx of foreign investment and increased sales of real estate to foreigners in Cyprus.
The main cities attracting foreign investors remain Limassol, Paphos, Larnaca and Ayia Napa. Each of these cities has its own unique atmosphere and opportunities.
Limassol is a developed port city in Cyprus. Extensive selection of real estate in various sectors. The city has a fully developed social infrastructure, beautiful beaches and culture.
Paphos is a beautiful, calm city on the west coast of Cyprus, with a huge number of attractions and gorgeous landscapes. In Paphos you can easily find real estate in the traditional Cypriot style for living and investment, as well as modern smart apartments and high-tech commercial real estate.
Larnaca is the country's air hub; the largest airport is located in this city. Larnaca offers us a variety of housing options: apartments with sea views and Cypriot style houses.
Ayia Napa is a Mediterranean resort town on the south-eastern coast of Cyprus, famous for its azure beaches and luxury hotels. The exclusive tourist hub of Cyprus offers us modern high-tech apartments and villas in Protaras.
The company is an expert in the foreign real estate and investment market VelesClub Int. offers you several programs for investing in Cyprus:
“Enlist the support of experts who are leaders in the global real estate and investment market and the Republic of Cyprus will become an ideal place for you to build up your investment potential and diversify your real estate portfolio.” – summarizes the General Managing Partner of VelesClub Int. Sergey Tumanov.
Any investment in real estate requires evaluation and balance, and complete trust in market experts. A team of experienced managers at VelesClub Int. I am always ready to answer all your questions and accompany you at all stages of the transaction and subsequent reinvestment and diversification of your investment portfolio.
