What You Should Know About Cyprus Real Estate Prices

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What You Should Know About Cyprus Real Estate Prices

Start by comparing property listings in the largest and most renowned marketplaces in the country. That’s how you will see average ranges for a certain type of real estate you are looking for. There are thousands of assets available — from flats and penthouse apartments to villas. The target price is a combination of several factors:

  • the property’s location;
  • the number of rooms;
  • how innovative its interior and exterior designs are;
  • the proximity to nearby infrastructural assets, etc.

Depending on your investment goals, consider more non-common properties to buy or rent:

  • hotels;
  • parking lots;
  • offices and retail centers;
  • industrial property;
  • land.

With VAT included, the prices can start at around €450 thousand and up to millions of euros. Nonetheless, smaller apartments with older construction plans can cost €150 thousand.

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