For foreign buyers, the real estate market in Cyprus offers an outstanding potential. Protaras in Cyprus is a choice destination for many investors, and you have a wide selection of apartments/flats for sale in Protaras. The city ranks 87th in a survey conducted by Mercer related to quality of living. It offers robust real estate market that is well defined and appealing to investors from foreign nations. A major attraction is the constant growth of the market and is in fact among the fastest growing markets in the region when you consider real estate investments. The average annual growth rate is a staggering 20% which is impressive from a global perspective.
Cyprus offers a basket of positive elements when you look at real estate investment. In the first place, you enjoy a lower tax rate compared to other nations in the European Union. Golf properties have also come into the limelight in recent times making it an investment destination loaded with positive factors. The salubrious climate of the country allows residents the blessing of sunshine for about 340 days all around the year. The living standards are better comparable to most modern cities around the world and the cost of living pegs significantly lower compared to many other global destinations.
A registered real estate agent is your best option to make safe investments.
When you are looking for apartments/flats for sale in Protaras, obviously there's paperwork like any other destination. There are the local laws, taxation and a handful of other things to bother. The best way to tackle this is by finding a registered agent who can take care of these aspects on your behalf. We are one of the best real estate agents in the city backed by years of experience and depth of knowledge in all facets of dealing with apartments/flats.
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