You've successfully copied this link.
China adds spice to flat Cyprus housing sector
More and more real estate promotion billboards in Chinese are showing up in Cyprus, especially the coastal city of Paphos.
Following a Cypriot law revision, now allowing foreign home buyers to receive permanent resident status with purchases of homes costing at least €300,000 (US$390,000), hundreds of Chinese citizens have begun purchasing second homes on the island.
Most Chinese are interested specifically in the permanent residency rather than the property itseld. Thus, it is common for home buyers to buy houses through visa firms. Most Chinese investors are businessmen who buy on the coast, especially in and around the western report of Paphos.
Loved this article? Sign up for free to get Juwai China Market updates!
Resources
Contact Us
- Shanghai: +86 21 6015 9000
- Hong Kong: +852 5804 4670
follow
Juwai
WeChat!
Juwai.com
Our Chinese consumer site, Juwai.com, is the largest Chinese international property portal and the market leader in China. + See Juwai.com site
Juwai China News
Subscribe to receive the latest news on Chinese buyers, the China market, and Juwai.com.
2018 © Juwai. All Rights Reserved. Privacy Policy | Terms of Service
