The booming trend of buying property for immigration in Europe has drawn increasing attention from investors to Cyprus, primarily due to the immigration policy that allows the entire family to quickly obtain EU passports through property purchase, as well as the positive economic development of the country. It is well known that purchasing property is essential to obtain Cypriot status, but how much do you know about the Cyprus real estate market? What is the current state of the Cyprus real estate market? Let the newly released Cyprus Property Price Index reveal the answers for you.
According to data statistics, the Cyprus Property Price Index for the first quarter of 2019 was 107.78%, an increase of 4.3% compared to the same period last year; it rose by 0.8% compared to the fourth quarter of 2018. The property price index in the Eurozone and the EU increased by 4.0% year-on-year. Compared to the fourth quarter of 2018, property prices in the Eurozone and the EU rose by 0.3%.
The Cyprus House Price Index (HPI) is a quarterly index that measures the average price changes of residential properties, covering all types of residential properties, including new and existing properties, as well as the land portion of residential properties. The index and weight data are sourced from the Ministry of Interior's Department of Lands and Surveys, encompassing all areas under the control of the Government of the Republic of Cyprus.
Since joining the EU, Cyprus has been favored by numerous international investors, sparking a wave of investment in Cyprus. At the same time, in recent years, the Cypriot economy has been improving, coupled with the support of the Cyprus property purchase immigration policy, making the real estate market increasingly vibrant! Financial tycoons, large overseas enterprises, and high-net-worth individuals are continuously flocking to Cyprus, paving a bright future for the Cypriot property investment market.
It is well known that Cyprus is a genuine maritime nation with extremely limited land resources, and available building land is even scarcer. Given the economic recovery of Cyprus and the rapid growth of the property price index, it will attract more and more overseas investors. As overseas investors continue to pour in, there will inevitably come a day when the land resources in Cyprus will be "exhausted." At that time, the supply of properties and prices will be inversely proportional, and the rise in property prices will be unstoppable, making property in Cyprus "precious as gold."
Currently, investors only need to invest in Cyprus properties starting from 2 million euros and make a donation of 150,000 euros to quickly obtain EU passports for the entire family across three generations, while also participating in the Cyprus property market investment. Holding a Cypriot EU passport not only allows visa-free access to over 150 countries and regions worldwide but also provides the opportunity to move freely, work, and reside in 32 European countries, including the 28 EU member states (such as the United Kingdom, Germany, Austria, Italy, France, Finland, etc.) and three member states of the European Economic Area (Norway, Iceland, Liechtenstein), as well as Switzerland. EU passport holders can enjoy the generous benefits of EU citizenship and can easily immigrate to multiple European countries under certain conditions.
In addition to investing in real estate, investors can also immigrate to Cyprus by purchasing, establishing, or participating in investments in Cypriot enterprises. The Limassol Golf Resort project, launched in collaboration with strong developers by WorldWay Group, is one of the few high-quality equity buyback immigration projects applicable through purchasing, establishing, or participating in investments in Cypriot enterprises. By investing 2 million euros to subscribe to the project’s equity, along with investing in Cypriot real estate starting from 500,000 euros and making a donation of 150,000 euros, the entire family can apply for Cypriot EU passports. Investing in the Limassol Golf Resort preferred shares comes with a guarantee of double the real estate from a large, capable developer, and the developer promises a 15% premium buyback after six years. Investors can not only recover their initial investment costs but also enjoy considerable interest dividends. There are only 20 precious seats available, so interested parties should not miss this opportunity!
WorldWay Group - Pioneer of the Cyprus EU Passport Project
In 2011, we were among the first to introduce the Cyprus property immigration project to China, starting an exciting journey of investment immigration in Europe.
In 2014, we successfully held the "Paphos Night" event in Beijing and Shanghai, the first investment and cultural exchange event in China themed around European cities.
Choose WorldWay Group for processing your Cyprus EU passport, making your immigration journey easier!
Event Announcement
Great news: WorldWay Group is currently holding a month of passport consultation across six cities in ten countries! Identity planning is crucial for life planning, and you can choose from ten countries' passports, with a multi-functional comparison to find the one that suits you! 2019 is the year of identity planning, and this mid-year event is worth participating in. This is a rare opportunity that should not be missed! Appointment hotline: 400-138-2929.
