Yair Bushari (B-GLOBAL) – real estate investments in Larnaca

Why do foreign investors choose to buy an investment property in Larnaca, Cyprus?

Yair Bushari (B-GLOBAL) – Has Larnaca been considered a preferred destination for real estate investments in Cyprus?

Larnaca is considered one of the preferred destinations for real estate investments in Cyprus. Here are a few reasons why:

  1. Location: Larnaca is located on the southern coast of Cyprus and is easily accessible from other parts of the island. It is also close to the Larnaca International Airport, which makes it a convenient location for international travelers.

  2. Infrastructure: Larnaca has undergone significant infrastructure development in recent years, including the expansion of the marina and the construction of new luxury hotels and resorts. The city also has a modern road network and excellent public transportation options.

  3. Tourism: Larnaca is a popular tourist destination, particularly in the summer months. The city has several beautiful beaches and a charming old town that attracts visitors from around the world.

  4. Investment Opportunities: There are many investment opportunities in Larnaca, including new developments and renovated properties. The city has a wide range of properties available, from luxury apartments to villas and townhouses.

  5. Capital Appreciation: Property values in Larnaca have been steadily increasing in recent years, making it a potentially profitable location for real estate investments. In 2020, Larnaca saw a 20% increase in the number of property sales compared to the previous year.

Overall, Larnaca is an attractive destination for real estate investments in Cyprus, thanks to its location, infrastructure, tourism, investment opportunities, and potential for capital appreciation. However, as with any investment, it is important to do your research and seek professional advice before making any investment decisions.

What are the advantages of buying real estate in Larnaca, Cyprus? Yair Bushari (B-GLOBAL) with the answer

There are several advantages of buying real estate in Larnaca, Cyprus according to Yair Bushari (B-GLOBAL):

  1. Location: Larnaca is located on the southern coast of Cyprus and is easily accessible from other parts of the island. It is also close to the Larnaca International Airport, which makes it a convenient location for international travelers.

  2. Tourism: Larnaca is a popular tourist destination, particularly in the summer months. The city has several beautiful beaches and a charming old town that attracts visitors from around the world. This means that there is a high demand for short-term holiday rentals, making it an attractive option for investors looking for rental income.

  3. Infrastructure: Larnaca has undergone significant infrastructure development in recent years, including the expansion of the marina and the construction of new luxury hotels and resorts. The city also has a modern road network and excellent public transportation options.

  4. Investment Opportunities: There are many investment opportunities in Larnaca, including new developments and renovated properties. The city has a wide range of properties available, from luxury apartments to villas and townhouses.

  5. Citizenship by Investment Program: As mentioned earlier, Cyprus offers a Citizenship by Investment Program that allows foreign investors to obtain Cypriot citizenship in exchange for investing in the country’s economy, including real estate. Larnaca is one of the cities where investors can find properties that meet the program’s requirements.

  6. Capital Appreciation: Property values in Larnaca have been steadily increasing in recent years, making it a potentially profitable location for real estate investments. In 2020, Larnaca saw a 20% increase in the number of property sales compared to the previous year.

Overall, buying real estate in Larnaca offers several advantages, including its location, tourism, infrastructure, investment opportunities, potential for citizenship, and potential for capital appreciation. However, as with any investment, it is important to do your research and seek professional advice before making any investment decisions.

Why do foreign investors choose to buy an investment property in Larnaca, Cyprus?

Foreign investors choose to buy an investment property in Larnaca, Cyprus for several reasons, including:

  1. Location: Larnaca is located on the southern coast of Cyprus and is easily accessible from other parts of the island. It is also close to the Larnaca International Airport, which makes it a convenient location for international travelers.

  2. Infrastructure: Larnaca has undergone significant infrastructure development in recent years, including the expansion of the marina and the construction of new luxury hotels and resorts. The city also has a modern road network and excellent public transportation options.

  3. Tourism: Larnaca is a popular tourist destination, particularly in the summer months. The city has several beautiful beaches and a charming old town that attracts visitors from around the world. This means that there is a high demand for short-term holiday rentals, making it an attractive option for investors looking for rental income.

  4. Investment Opportunities: There are many investment opportunities in Larnaca, including new developments and renovated properties. The city has a wide range of properties available, from luxury apartments to villas and townhouses. In addition, Cyprus offers various tax incentives for real estate investors, including a flat 20% tax rate on rental income and no capital gains tax on the sale of property under certain conditions.

  5. Citizenship by Investment Program: Cyprus offers a Citizenship by Investment Program that allows foreign investors to obtain Cypriot citizenship in exchange for investing in the country’s economy, including real estate. Larnaca is one of the cities where investors can find properties that meet the program’s requirements.

  6. Lifestyle: Larnaca offers a high quality of life, with a relaxed Mediterranean lifestyle, excellent weather, and a rich cultural heritage.

Overall, foreign investors choose to buy an investment property in Larnaca because of its location, infrastructure, tourism, investment opportunities, potential for citizenship, and lifestyle. These factors make it an attractive location for real estate investments, particularly for those looking for a profitable and enjoyable investment opportunity.

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