Every crisis has its silver lining and when it comes to the global pandemic quite a few good things have come from it. More people have been able to work remotely, more people are investing their money, and looking to diversify their portfolio. All of this put together means a great opportunity to take advantage of the real estate market and move to your dream location. In this article, I will be exploring the ins and outs of choosing where and how to invest overseas for maximum profit.
Let’s jump in!
#1: Properties for sale Cyprus
When it comes to buying property overseas one of the major hurdles tends to come from taxes and barriers to entry because of non-residency. Cyprus is one of the few places where you can actually properties for sale cyprus at reasonable prices after you follow their transparent and simple pathway to citizenship.
Cyprus offers a long list of benefits whether you would like to take up residence there or want the investment. Here are a few things to consider when looking at properties for sale cyprus:
1. Location - if you are considering a holiday rental places near the beach are always the right choice like Larnaca, Protaras, and Paphos
2. Take advantage of the buying market due to the sales drop
3. Get the right service to help you find and buy the right properties for your purpose
#2: Understanding Your Investment Options
Many people see real estate as a steady investment that can just sit and be resold for future dividends. However, if you want an easy passive income consider purchasing a bungalow or apartments with an oceanfront view. Not only will these hold great resale value the rental or holiday rental money you get throughout the year will offset your investment perfectly.
To review which investment is right for you, take a look at Prime Property. They offer the following options
● Towers
● Condos
● Beachfront Properties
● Developments
Each offers a great investment opportunity and resale value. To search for the right place with a rental option located in the beautiful Limassol and Larnaca.
#3: Benefits of Moving
Unique to Cyprus, the government has created a fast track to citizenship that offers an impressive array of benefits. As an EU resident, you will have access to over one hundred and fifty countries without a visa. This also means you and your family will have access to education, medical, and tax benefits like any citizen.
You also will be able to pass down your investment to your family and enjoy great ROI that is consistently growing thanks to the increased injection of capital from people all over the world. In only five years, you will also be able to resell your property for a considerable profit.
Wrap Up
Investing in Cyprus is a unique opportunity that offers more than just a sound real estate investment. With the unique citizenship program and a variety of ways to make money on rentals, vacation homes, and resell, its a perfect opportunity for everyone.
For more information, you can contact Prime-Property today to take a look at the properties
Author Bio: Rachael is a content writer at Pearl Lemon who has written on a diversity of topics, from colored diamonds to SEO software. In her spare time, she enjoys singing, sketching, cooking, and video games.
Author
Rachael
Rachael is a content writer at Pearl Lemon who has written on a diversity of topics, from colored diamonds to SEO software. In her spare time, she enjoys singing, sketching, cooking, and video games.