Not only locals, but also foreign citizens are interested in real estate in Cyprus. This island is attractive due to its good climate and resort area. When buying a home here, you can use it to generate passive income by renting it out to tourists during the peak holiday season.
Properties for sale in Cyprus come in different types:
- bungalow – a separate house, suitable for people who want to be alone, without neighbors. It is perfect for living in the warm season;
- villa – this is elite housing, a fairly large plot of land is allocated for it. Often, golf courses are adjacent to villas;
- townhouse is a small apartment building, each apartment of which has a separate entrance. The advantage is the square footage, it is slightly larger than in ordinary houses;
- loft. This is a two-level apartment, related to elite housing. In this house, you have the opportunity to organize the space to your taste.
Having decided on the category of housing, having learned about their positive and negative sides, you can contact the MySpace real estate agency. If you fit into the budget allocated for this purchase, choosing a property will not be difficult.
Tips for choosing the right property in Cyprus
If you are buying a home for permanent residence and you are satisfied with an ordinary apartment (apartments) located in the city, you can choose a simpler option, of which there are plenty on the Cyprus real estate market.
It should be noted that in terms of square footage, apartments in Cyprus are strikingly different from Russian or Ukrainian ones, in a larger direction. The average housing includes:
- studio apartment. This is a type of one-room apartment, but unlike it, a studio combines a kitchen, living room and bathroom in one area. Of all the city apartments, this is the most budget option;
- one-, two- and three-room apartments. The advantages of a three-room apartment include the presence of two bathrooms;
- penthouse. It is impossible to remain silent about elite housing within the city. This apartment is located on the top floor and, often, it is the only one there. The housing has a large area and a terrace or an exit to the roof.
Buying real estate abroad is a rather complicated process that requires knowledge of the legislation of a given state. In order for the transaction to go according to all the rules, it is necessary to hire a lawyer to accompany the purchase and sale at all stages.