cyprus property troodos - 1000 Properties
cyprus property news alpha bank, cyprus property news nigel howarth, property in cyprus for sale paphos In all probability the most popular investment in the district of Famagusta is property for sale in Protaras, Cyprus. This keen foreign demand, coupled with the nearby interest as well as the added taxation on true estate, such as V.A.T. of 15%, has brought on costs to move at a rate in between the years 2002 - 2004 of about 15%p.a., whereas the pretty current years prices have shot up by nearly 20% p.a. This modest town is enchanting and is recognized for some of the most attractive beaches with golden sand and its sparkling blue clear waters. Cyprus is the only nation in Europe which offers an EU citizenship (passport) in 3 months. The lifting of restrictions relating to property purchases by E.U. organizations and citizens, has widened the scope of true estate investment and now, it is estimated that foreign buyers in Cyprus true estate contribute around CP700 mil.
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