Yiannos Trisokkas in ABC Money: Cyprus's Next Chapter, Where Innovation Meets Investment
"Relocating to Cyprus has never looked so desirable." — Yiannos Trisokkas...
Velment in London Loves Business: Digital Cyprus Is Rising
This article explores how Cyprus is shifting from a lifestyle destination to a technology and business hub, with Limassol at the centre as international companies and professionals move to the city. It links that growth to rising demand for modern, well-connected homes and features Velment's Limassol developments.
What this means for buyers today
Limassol is Cyprus's most international city, home to shipping, finance, legal and technology firms, international schools and a busy seafront. That brings a deep pool of professional tenants, but also higher prices, so location and build quality matter more than ever.
What costs should I budget for when buying a new property in Cyprus?
New-build property in Cyprus usually carries 19% VAT. A reduced 5% rate can apply to the first 130 m² of a primary residence priced up to €350,000, subject to conditions. Budget also for legal fees and stamp duty. Your lawyer will confirm the exact costs for your situation.
Click Here to Read the full article on London Loves Business
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