“A low risk stable source of regular and excellent income delivering fabulous total returns!” 

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The Project

 

Invest in luxury Offices Downtown Nicosia Cyprus. With an increasing demand for Grade A office in prime locations, the luxury offices we are now in a position to offer you, can certainly be counted among our crown jewels. Not only are they centrally located but they are also rented out, managed and maintained on behalf of the owners hands-free by Nicosia's number one office operator.

 

Exclusive high-yielding opportunity
Make sure you make the most of your money and don't miss out on this exclusive opportunity.

 

Project Details

 

Invest in a well-performing asset class in a high demand area. This project will cater to and exceed the needs of the growing number* of professionals, providing luxury offices for the local and overseas firms based in Nicosia. This landmark, high-spec development comes with great transport links and on-site facilities. All apartments come with private parking spaces.

 

* During 2015 the office Market in Cyprus has shown signs of stabilization and is performing well in the cities of Nicosia and Limassol. There is increasing demand mainly for Grade A office in prime locations. Foreign (Wargaming) and local firms use downtown Nicosia for their headquarters.

 

Extra Profit potential

 
Due to the recovering market, it’s very likely that in the next few years there might be a 10-30% property appreciation thus increasing profits accordingly. 

Tax Benefits

Our investment will benefit from a 50% reduction of transfer fees and the temporary exemption from capital gains tax (available for purchases done before the end of 2016).

Market Description

It is evident from the improved fiscal indicators that the Cyprus economy is slowly entering a path of recovery. For the real estate market the significant increase of 20,18% in sales deeds during 2014 is a strong sign that the market may be starting to recover.

 

The local demand is very strong due to the culture of Cypriots who consider owning their own home as an absolute must and will do their best to achieve it once they get married. The parents also help to a great extend saving money all their life to help their kids buy a house. Home ownership in Cyprus is one of the highest in Europe at more than 80%.

Foreign buyers also started to come back due to the improving economy, lower prices and generous incentives offered by the government. We have the traditional foreign buyers who choose Cyprus for its beaches, friendly culture and ever-shining sun. The last few years we also have buyers from China, Russia, Ukraine and Middle East buying properties for investment and/or to obtain Cyprus (EU) Citizenship & Permanent Residence.

 

Looking for Distressed or Repossessed Properties in Cyprus?

Distressed Real Estate has consistently proven to be an extremely lucrative investment.

 

The best-performing asset class

 

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