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Home»Finance»Restrictions on the number of transactions of sale for foreign citizens

Restrictions on the number of transactions of sale for foreign citizens

November 11, 2019

Rules for the acquisition of real estate in Cyprus

Currently, also real estate in Cyprus, located on the territory of the Akamas Peninsula on the northwestern side of the island, is also in increasing demand.

Due to the presence of numerous beaches and the untouched civilization of nature, housing is bought in cities such as Argaka, a policy, and varnishes.

The capital of Cyprus – Nicosia, is not a resort city. Here, mostly acquire real estate for offices.

Anyone can purchase real estate in Cyprus.

There is only a restriction on the number of transactions – one foreign citizen can make only one purchase, the area of ​​which does not exceed 4 thousand square meters. m. But you can register real estate for each family member.

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