Worldway Comprehensive News: Recently, according to the latest official data from Cyprus, the number of property sales in Cyprus increased by 23% in October 2015. Among these, overseas investors contributed nearly one-third of the sales, primarily due to the popularity of the Cyprus EU passport program. Driven by the surge in demand for property investment immigration in Cyprus, it is now a great opportunity for investors to obtain an EU passport through purchasing land and investing in estates in Cyprus.
【Cyprus Real Estate】
Data shows that during October, a total of 463 commercial, residential property, and land sale contracts were registered at land registries across Cyprus, representing a 23% increase compared to the same period last year. Of these 463 contracts, 24% were registered by overseas buyers. Notably, the sales rate in Nicosia increased by 64%, Paphos by 30%, and Limassol by 28%. The explosive growth in property sales has significantly driven the market demand for land.
In Cyprus, a wealthy Mediterranean country, land resources are scarce, appreciate quickly, and offer high returns on investment, while also providing the opportunity to obtain European residency. With the current surge in property sales, the market demand for land has further intensified. Now, an investment of 2.5 million euros can secure a 28-acre estate and an EU passport, making it an opportune time for investment.
Compared to traditional property investments, investing in estates offers the following advantages: lower costs, ownership of land without high taxes; easier resale after three years; the option to sell land to developers for construction or to the next investor; land requires no maintenance, providing peace of mind; the choice to create a luxurious estate or build multiple villas for rental. Therefore, choosing estate investment for EU passport immigration to Europe is exceptionally valuable.
【Worldway President with Cyprus President Nicos Anastasiades】
As a leading institution in domestic European investment immigration, Worldway continuously innovates and improves, becoming an industry pioneer. Currently, Worldway has launched a 28-acre sea-view Coral Estate, located in the popular Mediterranean tourist city of Paphos. Just 400 meters from the sea and a 10-minute walk to the most famous tourist area in Paphos—Coral Bay. With an investment of around 2.5 million euros, you can own the century-old Coral Estate and obtain EU passports for your entire family, fulfilling your desire to live in Europe. For more details, please contact: 400-138-2929