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

​

The Cyprus Luxury Houses Project

 

Nicosia Residences is an oasis of serenity and greenery situated just a few kilometers from the centre of Nicosia in a Desirable Upscale Neighborhood. Built on a purely residential area with specifications of the highest quality, it offers luxury housing in a beautiful, safe and family-orientated environment, with landscaped public green area for children’s safe play and relaxation. 

 

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

 

Project Details

 

Built on a purely residential area with specifications of the highest quality, it offers luxury housing in a beautiful, safe and family-orientated environment, with landscaped public green area for children’s safe play and relaxation.

Nicosia Residences houses have unique architecture designed by contemporary and experienced architects and have varying size and aesthetic design to cater for diverse tastes.

Each Villa consists of a ground floor with open plan living room and kitchen, toilet, balconies, covered parking and a pool. The first floor consists of four bedrooms and four bathrooms with toilet.

 

They feature under floor heating and air conditioning throughout, and granite floors and kitchen surfaces. Swimming pools are heated, with synthetic decking perimeter, shower room and a jacuzzi. A poolside bar and grill area is complemented by gardens finished with artificial grass and ornamental plants.

 

Extra Profit potential

 
Due to the recovering of the Cyprus property market, it’s very likely that in the next few years there might be a 10-20% 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 Cyprus Distressed or Repossessed Properties?

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

 

The best-performing asset class

 

You Can Contact Us At:

​