Limassol's dynamics or Paphos' tranquility
Current projects in Paphos and Limassol – see prices, choose your ideal location, and apply for a consultation.
Cypress Park Living
€190,000 – €430,000 (+VAT)
Modern neighborhood in Geroskipou with everything needed for daily life, wellness opportunities, and medical care all in one place.
OXYGEN — Park of Colours
€250,000 – €440,000 (+VAT)
Large residential project in Paphos with a 32,000 m² park, landscaped green areas, sports fields, playgrounds and recreation opportunities, as well as easy access to city infrastructure.
Coral Gardens
€310,000 – €720,000 (+VAT)
Elegant residential project in Coral Bay near Paphos with modern apartments, a shared pool and landscaped gardens, only a short distance from the sea and Coral Bay beaches.
Marelia Valley
€320,000 – €330,000 (+VAT)
Residential project in Konia with 16 modern two-room apartments, green areas and sea views, combining a peaceful environment with convenient access to the center of Paphos.
Venus Gardens Resort
€505,000 – €842,000 (+VAT)
Resort complex in Chloraka with 2 swimming pools, a club, a tennis court and sea views. Just 2 minutes from the sea.
Aldo II Residences
€780,000 (+VAT)
Three-bedroom villa in Chloraka with private pool. Completed and available immediately.
Armonia Beach Villas
€2.9 million – €13.2 million (+VAT)
Sophisticated seafront villas in Kissonerga combining modern architecture, a private pool, spacious landscaped grounds, and a peaceful coastal lifestyle.
Limassol Park
€233,000 – €670,000 (+VAT)
A modern residential project in a green environment with swimming pools, landscaped gardens, and high-quality, well-designed apartments.
Verde
€465,000 – €1,050,000 (+VAT)
Apartments and rooftop penthouses 800 meters from the sea in Limassol's tourist area.
Cavalli Tower / Blu Marine
€548,000 – €6.2 million (+VAT)
330 meters from the marina — Limassol's new prestigious tower.
Balance
€162,000 – €489,000 (+VAT)
Apartments and office spaces in a gated area in Livadia. Gym, swimming pool, sauna. Completion in 2029.
Land of Tomorrow
€740,000 – €1,340,000 (+VAT)
Coastal project in Larnaca, in an excellent location just a few steps from the sea.
Cyprus real estate statistics for 2025
The number of transactions by EU citizens in Paphos increased by 29%, while in the non-EU buyers' segment — by 12%.
The market value of residential properties in Paphos increased by 21% over the year, and in Limassol — by 1.8%.
The average rate in Cyprus in September 2025 was 3.03%, and mortgage lending increased by 22% over the year.
76% of transactions over €200,000 fall within the €200,000–€500,000 price range.
More about Cyprus on Instagram
What makes Cyprus so special?
320
Sunny days per year
The daytime temperature in January is around +17 °C, and the swimming season lasts from May until November.
Blue Flag
Beaches with Blue Flag
Cyprus has one of the highest concentrations of Blue Flag beaches in Europe, demonstrating high standards of water quality, safety, and environmental management.
EN
English everywhere
English is widely spoken in Cyprus in everyday life, including in banks, shops, medicine, and other services.
2
International airports
Direct flights from Riga to Paphos and Larnaca are available not only in the summer season, providing convenient access to Cyprus all year round.
0%
Property and inheritance tax
There is no annual property or inheritance tax in Cyprus. Only small municipal fees apply.
4.53 million
Tourists in 2025
In 2025, Cyprus was visited by a record number of tourists—12.2% more than in 2024. A longer tourist season opens up opportunities for a longer rental season.
Introductory conversation
In a 30-minute conversation, we will discuss your ideas and clarify what you are looking for in Cyprus real estate — an investment, rental income, a second home, or a place to live. Together we will assess your budget and all costs related to property purchase.
Property selection
Selection of properties according to your wishes and previously defined criteria. We will prepare a clear list of the most suitable and verified properties from trusted developers in Cyprus.
Property viewing in-person
In Cyprus, we view the selected properties and evaluate their location, surroundings, and suitability for your requirements. If for any reason you cannot attend, we will organize property viewings via online video.
Transaction and further support
Support at all stages of property purchase—document preparation, cooperation with an independent lawyer, banking matters, and contract finalization. After the transaction, I will also assist with issues related to property management, utilities, and letting.
Yes, it is possible to buy property in Cyprus remotely — with video tours, electronic document exchange, and a power of attorney granted to a lawyer.
However, if possible, I recommend one short 2-3 day visit to view 4–6 carefully selected properties and get to know the area.
In addition to the purchase price of the property, VAT must be considered — 5% or 19% depending on the specific property. There are also transaction-related costs — legal services, KYC (Know Your Customer) checks, bank fees, insurance, and future annual maintenance and management costs. The stamp duty will no longer apply from January 1, 2026.
I prepare a full cost breakdown for a specific property during the consultation.
From June 15, 2026, new regulations apply: the 5% VAT rate is applied if the property is used as a primary residence and not for rental purposes. It applies to the first 130 m² if the total area of the property does not exceed 190 m², its value does not exceed €350,000, and the total transaction value does not exceed €475,000. If these limits are exceeded, 19% VAT is applied.
To apply the reduced 5% VAT rate, the following conditions must be met:
- The purchased property must be used as your permanent residence in Cyprus for at least 10 years.
- The property must be purchased by an individual, not a company.
- The property must be new, not a resale property.
- An application for the 5% VAT rate must be submitted to the Cyprus Tax Department before the transfer of the property or the start of its use.
Yes, it is possible to obtain a mortgage loan in Cyprus. In September 2025, the average mortgage rate was 3.03%, compared to 4.27% a year earlier.
An alternative is the developer's payment schedule, especially in new projects. Sometimes the most advantageous solution is a combination of both options. The specific financing terms are assessed individually, taking into account the bank’s requirements and the particular property.
Local management companies can provide rental management, cleaning, repairs, and guest services. Short-term rental management costs are usually 20–25% of income, for long-term rentals — lower.
We will also assist in arranging an agreement with a property management company.
1. We start by choosing the most suitable location.
Buyers compare various districts in the chosen city, assess the nearby infrastructure — schools, shops, cafes, hospitals, beaches, and main roads, as well as review current offers.
2. Once the property is found, the next step is to obtain key information, including project documentation, apartment specifications, payment terms, and a sample purchase contract. At this stage, it is important to clarify what is included in the price, what the expected property maintenance costs will be, and how the payment schedule is organized.
3. Before proceeding with the transaction, we recommend engaging an independent lawyer in Cyprus.
The lawyer checks the project, the developer, and the legal entity receiving payments, and also ensures that the contract and payment process comply with legal requirements. We determine whether the particular purchase may qualify for the reduced VAT rate or whether it may qualify the buyer for a residence permit or permanent residency, depending on the buyer’s situation.
4. After the checks are complete the buyer makes a payment to reserve the property, we agree on the contract terms and sign the purchase agreement. Afterwards, the contract is submitted to the relevant Cyprus registration authorities for registration and the necessary legal formalities.
5. If the property is still under construction, the buyer continues to make payments according to the payment schedule until construction is finished. Once the apartment is completed, the developer provides the required documents for the next steps, including final approvals, and the process to obtain the Title Deed is started.
I have worked in real estate in Latvia for more than 6 years. I am the owner of AVER — a real estate agency with a team of more than 50 agents and over 600 transactions per year.
A 30-minute online consultation. We will discuss opportunities in the Cyprus market. If, after the conversation, you realize that Cyprus is not right for you at this time, that is also a valuable answer.
Austra Kausiniece · Properties in Cyprus
✓
Application received.
I will contact you in the next working days to arrange a meeting time. If you want faster communication — write on WhatsApp.
Kausiniece
© 2026 Austra Kausiniece · properties in Cyprus
The information contained on this page is for general informational purposes only and should not be considered legal, tax, or investment advice. Tax and legal regulations may change; each case should be evaluated individually together with a qualified lawyer and tax advisor.