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Idea Holiday & Home Finder Ltd
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Property Investment in Cyprus

Cyprus investment properties: Idea Holiday & Home Finder with its vast experience is organising and promoting two exclusive projects for valued investment in Cyprus at prime locations with excellent business possibilities and return on investment:

 (A)  Santa Marina Cottages and AA Lifestyle Centre/ Club in Larnaka (Larnaca) area

Investment project in Cyprus consist of the development of a small but unique and comprehensive residential development in prime location (in between the three main towns of Nicosia (Lefkosia), Larnaka (Larnaca) and Limassol (Lemesos):  

  1. Cottages for private whole sale, Real Estate Co-ownership with other house-owners, long term lease or rent.
  2. The attractive AA Lifestyle Centre/ Club proposed to include: restaurant, traditional coffee shop (‘Kafenion') which can host a lot of cultural activities aside the existing overflow heated swimming pool with kiosk, all amenities.

Ready-made project for direct Investment and immediate return

Ready-made architecture plans with permissions. The project infrastructure work of the club and cottages are completed. The project is proposed for joint venture with Investors / Developers. 

 (B) ‘Geroskipos Heights', Entrance of Pafos (Town)

Real Estate Development

Project at prime position that consists of:

 

Upper Site A

Villas of 3 - 5 bed, most of them with terrace  to hold private spa on top verandah, on the highest part of the Site and/or  in ground or above ground swimming pool  for sale, long lease or rent, underground parking (about 100 units).
 

Lower Site B

Private Villas and Sun Sea Quality Living Homes of 2,3,4 or 5 Beds; each home different to each other  with Green (ECO)  construction and design (to save energy), to suit each  Buyer’s requirements and  budget.  One can either pay part of the chosen home and site or buy the chosen site first and choose the house later, on fixed bought price, from  the wide range of type of houses. The Buyer is free to make the changes he requires. The payment for immediate eligibility of the Cyprus permanent residency of   €200.000, could be acceptable as a deposit on the signed purchase agreement,  guaranteed  if needed, by a Bank in Cyprus.        

 

Optional to all the above is the following investment proposal

 

Large plots A, B, C, D, E are offered on major collective investment scheme for five investors interested to gain Cy Citizenship (EU Passport), all five plots value to be over €12.5m.

 

The whole  project  with  green photo voltaic energy provision (to save energy), proposed to become a nice (ECO) Village

Why invest in Cyprus?

Below are only few of the reasons of investing in Cyprus Property: 

  1. EU citizens do not require work permit and the procedure for residence permit is quick and easy.   
  2. Special legislation for gaining permanent residence permit for non-EU citizens with a purchase of one or two properties of €300.000 from the same seller with a deposit €200.000 or investment or a bank deposit of €5.000.000.
  3. There are no restrictions for acquisition of property by EU citizens.
  4. Cyprus has a double taxation agreement with over 42 countries, meaning that a person or company is taxed only in one country (of residence).
  5. Tax Investment Benefits: Corporation tax of 12.5% on profits of a limited Cyprus company. Favourable taxation for pensioners and residents. Tax consulting can be offered by P. Kalopetrides & Co, Auditors & Business Advisers www.pkalopetrides.com.cy and Cyprus Company & Trust Formation through Financial Consultants International (F.C.I.) Ltd www.fci.com.cy
  6. Many new development relaxations/ incentives. mainly for foreign investments.

Speedy processes for gaining planning permission, building license etc.     

 

Contact IDEA Holiday & Home Finder Ltd for an information/ appointment or complimentary viewing (without commitment): T. +357 22 669 484/ 99 448 584, F. +357 22 665 299, info@ideahomefinder.com.cy.