Jack Ma once said that every business opportunity must go through four stages: "invisible," "looked down upon," "incomprehensible," and "too late"; every creation of wealth must also go through a process: "the visionary operator, the late-aware follower, and the oblivious consumer!"
Just like real estate investment in Cyprus, visionary investors have already reaped significant rewards through investing in Cypriot properties, while those who are still on the sidelines will always have to pay the price for their indecision.
In recent years, the economy of Cyprus has been improving, making its real estate market and EU passport program highly sought after. Beyond financial magnates, large domestic enterprises and high-net-worth individuals are continuously pouring into Cyprus, all of which paves a promising future for real estate investment in the country.
Cyprus housing price index rises for the seventh consecutive quarter
According to data released by the Central Bank of Cyprus, the residential property price index for the first quarter of 2018 was 75 points, an increase of 0.4 points from the previous quarter. This marks the seventh consecutive quarter of growth since the third quarter of 2016, reaching its highest level since 2014. Compared to the same period last year, the price index rose by 1.8%, with apartment prices increasing by 4% and house prices by 1%.
The Central Bank of Cyprus stated that the recovery momentum of the Cypriot real estate sector is expected to continue in the coming quarters, as reflected in various economic indicators.
Cyprus property sales contracts increased by 22% year-on-year in the first 8 months
According to official data released by the Department of Lands and Surveys of Cyprus: in August of this year, the number of real estate sales contracts submitted to the Land Registry Office of the Republic of Cyprus increased by 21% compared to the same period last year; in the first 8 months of 2018, 6,016 property sales contracts were registered at the Land Registry Office in Cyprus, an increase of 22% compared to the 4,921 contracts in the same period last year.
As of August 2018, real estate sales in Cyprus have recorded growth for 16 consecutive months. Paphos remains one of the most popular regions for the overseas market.
Seize the opportunity, plan early, and strive to be a visionary investor
As everyone knows, Cyprus is an island nation with extremely limited land resources, and available building land is even scarcer. Judging from the economic recovery and the growth rate of property sales in Cyprus, more and more overseas investors are arriving. With the continuous influx of overseas investors, the land resources in Cyprus will inevitably reach a point of exhaustion. At that time, supply will be inversely proportional to housing prices, making the rise in property prices unstoppable, and every inch of land in Cyprus will become "worth its weight in gold."
Therefore, we advise investors interested in purchasing property in Cyprus to seize the opportunity, plan early, and strive to be a visionary investor. Do not miss out on a great investment opportunity due to your own indecision!
Through the Cyprus Investment Programme, you only need to purchase properties worth over 2 million Euros—whether one or multiple units—to obtain properties with permanent ownership. By participating in the Cyprus real estate market, you can gain the appreciation dividends brought by the property and the warming economy. Furthermore, you can quickly obtain a high-value Cyprus EU passport for three generations of your family in one go, providing convenience for expanding your business in Europe and internationalizing your family's lifestyle. You can also enjoy the generous education, medical, and pension benefits of the European Union—a move with multiple benefits.
Cyprus investment immigration is a long and complex process, so choosing a formal, professional agency with good government relations is very important! As a top 500 Asian brand, a leader in investment immigration, and a pioneer in Cyprus investment immigration, WorldWay Group has maintained excellent relations with the Cypriot government for many years.
WorldWay entered the Cyprus investment immigration market as early as 2011 and introduced the Cyprus investment immigration project to China, starting a wonderful journey of European investment immigration. It also held the first large-scale European property exhibition with a European theme, causing a wave of European investment immigration to sweep across China. In 2014, WorldWay successfully held China's first investment and cultural exchange event themed around a European city in Beijing and Shanghai—the "Paphos Night" event, which caused a sensation in the industry.
Recently, WorldWay also hosted the first large-scale European forum organized by a non-governmental organization in China—the 2018 China-Europe Trade and Investment Forum. Ambassadors, ministers, counselors, and other officials from 18 European countries, including Cyprus, were invited to attend, jointly creating a wonderful event with multiple angles, dimensions, and values! The successful holding of the forum once again confirms the professional brand strength of WorldWay Group and its status in the European investment immigration industry.
Do you want your investment speed to keep up with the rising housing prices in Cyprus? Call our consultation hotline now: 400-138-2929.