Residential and commercial
real estate in Cyprus

CYPRUS REAL ESTATE MARKET

Buy real estate of high quality and invest properly with 5Q Development

The demand for the residential and commercial real estate in Cyprus is growing steadily. The growth in demand is explained by the abolition of real estate tax, as well as a decrease in the investment threshold for obtaining EU citizenship from 2.5 to 2 mln Euros. The island has the lowest corporate tax in the EU today – 12.5%, and the tax for IT companies is 2.5%.

The Government of Cyprus has introduced a number of measures designed to encourage interest in investing and doing business in this country. In particular, interested parties have the right to obtain citizenship for spouses, children under 28 years of age, and parents, not to pay taxes on dividends, on interest from bank deposits, and on rental income when buying real estate. The authorities of Cyprus also exempted buyers from paying tax on the transfer of the property ownership when purchasing primary housing and reduced it from 8% to 4% for “secondary” housing.

The new housing from developers within walking distance to the sea is still in the greatest demand. There is also a steady intensive demand for office properties in Limassol. You can earn 4% to 10% per annum by purchasing residential and commercial properties, depending on the characteristics of the project. 

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MEET OUR KEY PEOPLE

Alexey Medvedev

Alexey Medvedev

CEO

Apostolos Nicolaou

Apostolos Nicolaou

Financial advisor

Yiannis Kyriacou

Yiannis Kyriacou

Accountant

Elena Zhilina

Elena Zhilina

Project Manager

Zevs Mavromatis

Zevs Mavromatis

General Contractor

George Allayotis

George Allayotis

Accountant

Pandora Nicolaidou

Pandora Nicolaidou

Civil Engineer-Architect

Sergiu Ungureanu

Sergiu Ungureanu

Architect

Alex Spyvak

Alex Spyvak

Civil Engineer

Demis Demetriades

Demis Demetriades

Architect

Anfisa Black

Anfisa Black

Digital Marketing Manager

Svetlana Fyodorova

Svetlana Fyodorova

Business Developer Manager

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10 years

More than 11 years of success on Cyprus Real Estate Market

3 reasons to invest in Cyprus property

335+

Commercial real estate is in demand all year round and does not depend on seasonality. High-quality retail premises and offices are in great demand and are potentially able to generate decent rental income

2nd

There is no real estate tax in Cyprus. Liquid residential properties can bring decent income due to low taxes. They will also help you and your family obtain citizenship of Cyprus (EU passports)

100%

The tax policy is soft in Cyprus. There is no dividend tax 100%, and the corporate tax is 12.5% — these are the best tax rates in Europe, and the income tax for IT companies is only 2.5%

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