Cheap property in Cyprus is a reality of our days

14/02/2017

The island of Cyprus is not only exotic year-round resort, with excellent national cuisine, it also attracts potential customers to the real estate market. Many citizens fear that will be deceived, so do not hurry to put your money to buy a house in Cyprus.

Just arrived on the island, people change their world. Earlier, at the end of the twentieth century, when only began to open the borders of foreign countries, of course, Cyprus was a very expensive purchase. Of course, the island of Aphrodite, quite a luxury place, but this does not rule out the possibility of acquiring a comparatively cheap property, which includes flats and houses. Agree that the opportunity to come to this place of rest in any time of the year without worrying about a place to stay – quite a tempting prospect.

Another interesting, and most importantly, possible option mortgage at 5-8% per annum with a Deposit of only 30%. The banking system in the country is quite reasonable and loyal, so that neither the loan nor its execution time will take. This, again, is quite attractive because not everyone can have on hand the required amount.

We must also add that the content of 2-bedroom apartment in Cyprus is also not very expensive – only about 100-150 euros per month, and provided permanent residence. This amount includes payment for cleaning of common areas of its irrigation and lighting, gardening services, garbage collection, pool maintenance, payment of electricity and water, etc. Again, in the case of a periodic rate, the cost is substantially reduced.

All this is only a small part of what makes the market of property in Cyprus so appealing. Come to Cyprus and see for yourself!