An Expat Guide To Financing Property Purchases  In Cyprus

An Expat Guide To Financing Property Purchases In Cyprus

In spite of being a foreign citizen, you should not face any trouble if you decide to apply for a mortgage with a Cypriot bank or financial institution. The interest rate as well as the terms and conditions are quite competitive compared to other countries. In 2014, the Central Bank of Cyprus dropped the rates of interest on loans to stimulate lending, consequently increasing t...
Buying a holiday home or permanently living in Cyprus

Buying a holiday home or permanently living in Cyprus

Many people buy a holiday home in Cyprus with a view to living there permanently or semi-permanently when they retire. The island has always been a popular location with British buyers, especially retirees, and almost 30,000 of them own homes there, a further 10,000 choosing to rent properties. However, estate agents are now seeing an increased demand from younger people with ...
 What Sort of Property Could You Expect for 300,000 Euros ?

 What Sort of Property Could You Expect for 300,000 Euros ?

Let’s face it – investing in a new home in Cyprus isn’t a decision to be taken lightly. You’ll undoubtedly be spending hundreds of thousands of Pounds (and even more in Euros), so the decision won’t be one that you’ll want to rush into. At DemPro, we understand just how involved the entire process can be and that’s why we strive to supp...
Essential checks before you buy a property in Cyprus

Essential checks before you buy a property in Cyprus

There are a number of essential checks to be made before you buy a home in Cyprus. These should all be made by your lawyer, but you should be aware of them so that you can ask your lawyer the right questions at the right time. Make sure that the vendor is the legal owner of the property and that there are no outstanding debts relating to it, such as a mortgage. This is done ...
Taxes are an important consideration when buying in Cyprus

Taxes are an important consideration when buying in Cyprus

An important consideration when buying a home in Cyprus, whether you’re a resident or non-resident, is taxation, which includes income tax, immovable property tax, capital gains tax, inheritance tax and value added tax. If you live permanently in Cyprus, you will have to pay Cypriot income tax on your worldwide earnings. However, the good news is that tax rates are some o...
Annual Immovable Property Taxes and Fees in Cyprus

Annual Immovable Property Taxes and Fees in Cyprus

Immovable Property Ownership Tax  Until the end of 2016, the registered owner of the property, was liable to an annual Immovable Property Ownership tax calculated on the market value of the property as at 1st of January 1980 (paid by the 30th of September in the year). Immovable Property Tax was payable to the Inland Revenue Department of the Republic of Cyprus. Rates ar...
Landmarks in Paphos that You Have to Visit   

Landmarks in Paphos that You Have to Visit  

  Whether you’re planning on renting for a short period of time, or buying a house in Paphos to enjoy the rest of your life – here at DemPro Real Estate in Paphos - Cyprus, we understand just how appealing this beautiful region can be. If you enjoy nothing more than exploring all that a location has to offer, we have an incredible variety of things to see and ...
Moving to Cyprus? Where Should You Choose?

Moving to Cyprus? Where Should You Choose?

If you’re a British ex-pat hoping to move to Cyprus in the near future, that’s fantastic news. Not only will you be spending your time in one of the oldest, most traditional parts of the Greek world – you’ll be opening yourself up to enjoying an incredible lifestyle that’s the envy of many.   Although this island is relatively small and is h...
Hesperides Gardens - Kato Paphos Universal

Hesperides Gardens - Kato Paphos Universal

"Hesperides Gardens" is located in the heart of Kato Paphos – Universal Area in Paphos City – Cyprus. A privileged development with an impressive design that constructed with high standards.Hesperides Gardens consists of apartment and townhouses and support 2 gorgeous swimming pools plus, lot of green areas plus plenty of parking spaces. This Mediterranean Paradise ...
Property Valuations Before Buying / Selling a Property

Property Valuations Before Buying / Selling a Property

DemPro Real Estate company acts as an independent consultant focused on property values and the estimation of their market value in the free market. Our opinion is not affected by any personal or other interest related to the involved parties of the survey as a result to provide accurate and essential information to the potential property buyers / sellers. By applying for an ...
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