Real Estate in Cyprus

"I lived in the area for 3 months trying to decide where I would choose to by my house. I found my house through an estate agent," said one expat in Frenaros.

"One of the best ways to find a place to live in Cyprus is to search online for rental listings. Websites such as Airbnb, HomeAway, and Expedia offer a variety of rental options in Cyprus. Additionally, you can search for rental listings on local classifieds websites such as Cyprus Property Finder and Cyprus Property World. You can also contact local real estate agents who specialize in rental properties in Cyprus. Finally, you can also ask friends and family who live in Cyprus for recommendations," remarked one member in Cyprus.

"Expat homes and apartments in Cyprus typically feature modern amenities and stylish decor. Many expat homes and apartments have balconies or terraces with stunning views of the Mediterranean Sea. Expat homes and apartments in Cyprus often come with air conditioning, modern kitchens, and spacious living areas. Many expat homes and apartments also have access to communal pools, gyms, and other amenities. Expat homes and apartments in Cyprus are typically well-maintained and offer a comfortable and luxurious lifestyle," said one person in Cyprus.

"The cost of housing in Cyprus varies depending on the location and type of property. Generally, the average cost of a one-bedroom apartment in a city centre is around €500-€700 per month, while a three-bedroom apartment in a city centre can cost up to €1,000-€1,500 per month. Outside of the city centre, the cost of housing is usually lower, with one-bedroom apartments costing around €400-€600 per month and three-bedroom apartments costing around €800-€1,000 per month," said one expat who made the move to Cyprus.

"The housing costs were slightly higher than Florida, but the housing market has changed drastically in the past 2 years. Right now in Cyprus, you could rent a 3-bedroom villa for 500 Euros a month," explained one foreigner living in Frenaros, Cyprus.

"We at first purchased a penthouse and enjoyed the life. Later we sold up and since then have always rented. It is a very easy process to purchase property and the developers guide you all the way through the process. It is advisable to have a good independant Lawyer/Soliciter," said one expat in Poli Chrystopiou.

"Buying a home in Cyprus can be a great investment, as the country has a strong economy and a growing real estate market. However, it is important to consider the costs associated with buying a home, such as the cost of the property, legal fees, and taxes. Additionally, it is important to consider the long-term costs of owning a home, such as maintenance and repairs. Renting a home in Cyprus can be a more cost-effective option, as it eliminates the need to pay for a down payment and other associated costs. Additionally, renting a home can provide more flexibility, as it allows you to move to a different location if needed. Ultimately, the decision to buy or rent a home in Cyprus should be based on your individual needs and financial situation," remarked one member in Cyprus.

"1. It is important to research the area you are looking to buy in, as well as the local market, to ensure you are making a sound investment. 2. You should also be aware of the legal requirements for purchasing property in Cyprus, such as obtaining a permit from the Council of Ministers. 3. It is also important to be aware of the tax implications of buying property in Cyprus, such as the transfer fees and stamp duty. 4. You should also consider the cost of living in the area you are looking to buy in, as well as any additional costs associated with owning a property in Cyprus. 5. It is also important to be aware of the different types of property available in Cyprus, such as apartments, villas, and land. 6. Finally, it is important to seek professional advice from a lawyer or real estate agent to ensure you are making the right decision when buying property in Cyprus," said one expat in Cyprus.

"Yes, foreigners are allowed to own property in Cyprus. Non-Cypriot citizens are allowed to purchase property in Cyprus, provided they obtain the necessary permits from the Ministry of Interior. Foreigners are also allowed to purchase land in Cyprus, but they must obtain a permit from the Council of Ministers. In addition, foreign investors are allowed to purchase property in Cyprus through a company registered in Cyprus. However, they must obtain a permit from the Ministry of Finance," said one in Cyprus.

"In Cyprus, rental properties typically include a refrigerator, stove, oven, washing machine, and air conditioning unit. Additionally, some properties may also include a dishwasher, microwave, and other small appliances," said one person in Cyprus.

"Expats can search for homes in Cyprus by looking online for real estate websites that specialize in the area, contacting local real estate agents, and searching through classified ads. They can also ask friends and family who have already moved to Cyprus for advice and recommendations. Additionally, expats can attend open houses and viewings to get a better feel for the area and the types of homes available," explained one expat in Cyprus.