BUYING A PROPERTY IN CYPRUS / IS IT STILL A GOOD INVESTMENT IN 2026 ?

BUYING A PROPERTY IN CYPRUS / IS IT STILL A GOOD INVESTMENT IN 2026 ?

Cyprus real estate has entered 2026 as one of the most active and internationally driven property markets in the Mediterranean. Strong foreign demand, limited supply in prime coastal areas, and rising construction costs have all contributed to continued price growth. But is it still a good investment in 2026 or has the market peaked? The answer depends on location, property t...
Healthcare in Cyprus for Expats After Brexit

Healthcare in Cyprus for Expats After Brexit

Healthcare in Cyprus for Expats After Brexit (2026 Guide) For UK expats: GESY works similarly to the NHS you register with a GP, get referrals to specialists, and prescriptions are subsidized. Key differences: shorter waiting times than the NHS (typically days, not weeks), small co-pays for specialists (€6 with referral, €25 without), and dental is mostly privat...
The legal system in Cyprus

The legal system in Cyprus

The legal system in Cyprus is largely based on the British equivalent and safeguards the purchaser’s rights in many ways. For the purchaser’s protection, once the agreement of property sale has been signed and a deposit paid, the Land Registry in Cyprus provides a simple and effective legal instrument called the “Specific Performance”. This procedure pro...
Tax & Foreign Pensions

Tax & Foreign Pensions

This article provides a brief outline in relation to the provisions of Tax law , further information can be obtain from independent tax advisor. Income Tax Law 1) Physical Persons The law provides that an individual is a resident if he / she lives in Cyprus for one or more periods which exceed the total of 183 days per year. Days in and out of Cyprus are calculated as follow...
Obtaining a reduced VAT rate towards immovable property

Obtaining a reduced VAT rate towards immovable property

  Reduced VAT Rate for New Homes in Cyprus (5% VAT Scheme) Buy Property in Cyprus with Reduced VAT Purchasing a new home in Cyprus may allow eligible buyers to benefit from a reduced VAT rate of 5%, instead of the standard VAT rate of 19%. This makes buying property in Cyprus significantly more affordable for individuals planning to live in their new home as a primary r...
Healthcare in Cyprus

Healthcare in Cyprus

Healthcare in Cyprus is cheap and effective, and is another reason many expats relocate to the island.    The Cyprus healthcare system is divided into public and private sectors. Public healthcare is either inexpensive or free, at least for citizens of the EU, and even private healthcare costs can be relatively affordable.   Both state-funded and private ho...
REAL ESTATE SALES CYPRUS 2022

REAL ESTATE SALES CYPRUS 2022

Despite the property market generating €6 billion in sales in 2022, real estate agents expect a challenging 2023. Releasing its quarterly “Real Estate Market Bulletin”, the Cyprus Real Estate Registration Council said that the value of real estate sold last year was €5.85 billion. The Council appeared satisfied, noting that “against ...
13 % INCREASE IN REAL ESTATE SALES FOR NOVEMBER 2022 VS NOVEMBER 2021

13 % INCREASE IN REAL ESTATE SALES FOR NOVEMBER 2022 VS NOVEMBER 2021

Official figures from the Department of Lands & Surveys indicate that the Cyprus real estate was the highest in numbers of property sales in November since 2007. During November a total of 1,293 property sales contracts were deposited at Land Registry offices across Cyprus compared with 1,149 in the same month last year; a rise of 13%. However, the number of sal...
Property sales €1.65 billion in Q3 2022

Property sales €1.65 billion in Q3 2022

Despite the adverse economic conditions, the Cyprus real estate market saw a 34% increase in the value of property transactions in the third quarter, rising to €1.65 billion from €1.2 billion in Q2. Real estate expert Marinos Kinaigirou said interest from Cypriot buyers has remained steady while demand from foreign companies is increasing. According to the Departmen...
Education in Cyprus

Education in Cyprus

Education in Cyprus one of the Highest in Europe.Public primary and secondary education in Cyprus is of high level. Teachers are qualified, school buildings are beautiful and they occupy some the best plots of land. The government spends 7% of GDP on educational needs. As per this figure Cyprus is a leader (along with Denmark and Sweden) among the European Union countries. Pub...
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