Business in Cyprus. Investments and relocation

Cyprus is attractive for businessmen for several reasons.

• Starting a business in an EU country will allow you to reach the international level. A trademark registered in Cyprus is valid throughout the European Economic Area. It is possible to attract investments and loan on favorable terms.
• Cyprus has the lowest tax rates in Europe. Standard income tax – 12.5%, VAT – 19%. Tax incentives are applied for IT companies and new residents of the country.
• Cyprus property prices are at a multi-year low. Here you can buy housing and industrial premises with a discount of 10% to the pan-European level.
• Quick payback of initial investments. So, for example, a project of a brewery with a restaurant will pay off in 2-3 years, and the construction of an apartment house in 5-7 years.

Concerns about lengthy registration times and legal pitfalls can hinder decision making. However, in the case of Cyprus, the opposite is true!

• Lots of English-speaking specialists. Since Cyprus has long been an English colony, the second official language is English.
• Fast registration process. Competent support from our team will help you quickly register a company, purchase a plot, get a building permit and other documentation.
• A wide range of land plots for sale. Sites for construction are well located and ideal for investment, commercial and residential projects of any type.
• Great opportunity to order an architectural project and turnkey construction. The real result of our interaction will be a ready-to-implement project for rental housing, restaurant, hotel, a beauty salon or an industrial complex in Cyprus.

A plot of 4300 m², located on the Mediterranean coast next to the ancient church of St. George, where the monks once brewed beer, is the best place for a modern brewery with a restaurant.

According to the project, it will be a full-fledged tourist complex with a landscaped space for outdoor recreation, a children’s playground and a swimming pool. At the same time, the dilapidated walls of the historical building will organically fit into the design of the new brewery, which will become part of a beautiful landscape.

The cost of land and construction is 3.5 million euros, and the projected payback of the project is 2 years.

A car dealership with a large parking lot is an ideal option for starting a successful rental business. A six-story residential building will be built on the parking lot, and its «twin» will be made from a former car showroom, which will be built on.

It is planned to combine the two objects by a restaurant – it will occupy the entire area of ​​the first floor and will be rented out. And on the remaining floors there will be small apartments in which students studying at the University of Nicosia will live. Thanks to the right location, proximity to university facilities and student infrastructure, a quick payback of the project is guaranteed.

The most popular among entrepreneurs in Cyprus are:

• Commercial or industrial sites for renovation — old parking lots, buildings or factories can be turned into profitable houses, restaurants and office centers
• Land plots for the construction of residential and industrial facilities
• Residential real estate that can be purchased inexpensively, refurbished, raising the status, and then rented out or sold at a profit

Maria Green’s Design Studio, lead by a famous designer, blogger and TV host, helps with selecting land plots and obtaining building permits, develops architectural and interior design projects.

Our portfolio already includes several successful projects of residential and industrial complexes, restaurants and private houses implemented in Cyprus.