We will help you with the purchase of real estate in Cyprus without commission

Yes, foreigners can obtain a mortgage in Cyprus; however, the key condition is official employment in Cyprus.
All other requirements and criteria must be clarified directly with the bank, as each bank has its own conditions.
In practice, many buyers prefer developer installment plans as a simpler and clearer option.

Yes, installment plans are available only for new developments.
As a rule, an initial down payment of 30–40% is required, after which payments are made in stages, according to the construction phases.
The installment conditions are fixed in the contract with the developer.

Property prices in Cyprus have increased significantly in recent years. Today, the market can be broadly divided into several price ranges:
€180,000 – €230,000 — studios and small one-bedroom apartments in more remote areas of Limassol, as well as in Larnaca and Nicosia.
€250,000 – €350,000 — the most in-demand range. Apartments in residential areas with developed infrastructure, suitable for permanent living or rental.
€350,000 – €500,000+ — modern residential complexes in more attractive locations, with options closer to the sea. This segment is often chosen for living, investment, and permanent residency purposes.
€1,000,000+ — elite and premium large-scale apartments, typically located in prestigious areas and in close proximity to the sea. Properties offering a high level of comfort, privacy, and investment appeal.

Permanent Residence in Cyprus can be obtained when purchasing property from €300,000 (the conditions are described in detail in our separate guide).
It is important that PR is issued not only for the main applicant, but also for all family members — spouse and children.
You can find more details in our PR guide for Cyprus.

At the moment, Cyprus Permanent Residence does not give automatic rights to free movement within the Schengen area, as Cyprus is not yet part of Schengen.
At the same time, Cyprus has officially stated plans to join the Schengen area in the coming years; however, exact timelines have not yet been approved.

Non-dom status is a tax status that provides tax benefits on dividends, interest, and passive income.
You can read more about this in our “Non-Dom” guide.

The VAT rates on property are:
19% — standard rate.
5% — reduced rate, but there are very few options left on the market with the 5% rate, and obtaining it depends on the conditions of the program.