It is reported that Cyprus saw 11 consecutive months of positive growth in property sales in 2016, with demand driven by both domestic and overseas markets, particularly from Russia, Ukraine, China, and the Middle East.
This once again proves that Cyprus is currently one of the hottest regions for real estate investment worldwide, a fact inseparable from its investment immigration policies. As both an EU member state and a Commonwealth country, Cyprus has optimized its passport program, reducing the investment threshold from an initial 15 million euros to 5 million euros, then to 2.5 million euros in 2014, and finally to the current 2 million euros as announced in September 2016, making it the most competitively priced and advantageous EU passport program available. Furthermore, after three years, investors are only required to retain 500,000 euros worth of property as a primary residence, while the remaining investment portion can be sold. The Cyprus fast-track citizenship program features a very simple application process (approximately 6 months) and offers advantages not found in other EU passport applications. It not only allows for the rapid acquisition of EU citizenship for the entire family in one step but also serves as a springboard for immigration to the United Kingdom. The relaxed Cyprus naturalization scheme has sparked a market frenzy.
According to Land Registry transaction records, the Paphos region continues to lead the country in foreign property transactions, accounting for 39%; in comparison, Limassol accounts for 30%. Larnaca ranks third with 24%, Nicosia with 5%, and Famagusta at only 3%. Moreover, Paphos was selected as the European Capital of Culture for 2017, which will continue to attract a large number of tourists, visitors, and investors, offering significant investment value. According to recorded data, the most popular property types are secure, convenient, and well-equipped beachfront properties, as well as luxury apartments within high-end communities.
Therefore, Worldway immigration experts remind everyone: act early to secure your passport through property investment. The premium quality St. George beachfront luxury villa project launched by Worldway provides a great investment opportunity for investors. This project is a private luxury villa club in Cyprus, consisting of 150 villas with living areas ranging from 250 to 930 square meters. It is situated in a unique geographical location on the west coast of Cyprus, enjoying exclusive, close-range sea views and a panoramic view of St. George's Island—the only independent island off the west coast of Cyprus.
Project actual photo
Exterior design rendering
The interiors feature the most advanced and current designs and finishes, with full smart home configurations. No matter where you are in the world, you can control everything in your home at any time. Villa color schemes can also be customized according to client requirements.
Safety, convenience, and comprehensive supporting services meet all the needs of investors. At the same time, the whole family can obtain a Cyprus passport and enjoy a variety of benefits. For more information on Cyprus immigration, please call: 400-138-2929.