Imagine: you are coding on a veranda overlooking the azure waves of the island of Aphrodite, under lush palm trees, accompanied by the singing of cicadas. Today Cyprus is not just a paradise for IT professionals, it is your fairy tale come true!
Budget? Rather your magic portfolio!
When it comes to budget, in Cyprus your dreams come to life. The average price of a spacious modern apartment or even a house is 300 thousand euros. At the same time, convenient installment payments and even mortgages for foreigners from all over the world are available for almost everyone. So forget about boring figures, imagine a villa overlooking the sea, where every day is like a vacation. Your IT talent opens the door to a world where every morning starts with a delightful sea view.
But which city to choose? There are 5 major population centers on the island - the capital Nicosia, Limassol, Larnaca, Paphos and the free areas of Famagusta, as well as many small picturesque villages surrounding them. However, why rely on other people's opinions when you can explore the island state yourself: the road along the whole of Cyprus is only 5 hours long!
Limassol: the city where dreams meet the sea
Limassol is not just a city, it is a magical place where urban energy meets the relaxing atmosphere of the sea breeze. Here you can enjoy a coffee in a cozy cafe, and in five minutes you can plunge into the warm waters of the Mediterranean Sea. And all this without taking a break from work.
This city is rightly considered the main financial center of the island of Aphrodite. Real estate here is diverse and delightful. It is in it is located the highest 170-meter luxury One Tower, futuristic Del Mar Limassol in the shape of a wave and a fabulous city of the future in the project Yoo Limassol by Philippe Starck. Many people start with the purchase of a 1-bedroom apartment, the price of a square in which varies from 3 000 euros.
It should be noted that since recently in Cyprus almost erased the boundaries between the financial centers and tourist cities, seasonality has become less noticeable and improved transport links. Therefore, gaining momentum cities such as Paphos, Larnaca and Famagusta region, which is famous for its snow-white beaches.
Properties available for sale in One Tower project
Properties available for sale in Del Mar Limassol project
Properties available for sale in the Yoo Limassol by Philippe Starck project.
Networking and taxes: a ticket to the future
In Cyprus, taxes don't oppress, they inspire! Imagine a world where tax breaks for IT professionals open up endless opportunities. And networking here is not just about meetings, it's about magical moments where every contact can turn into an exciting new adventure.
As for apartments, taxes are impressive here as well. Buying the first new building as a primary residence, the buyer pays not 19% VAT, but 5%. Of course, not without nuances: the rate applies to real estate no larger than 190 m2 and no more expensive than 450 thousand euros. The right to the full preferential rate have all those who have lived in the apartment for at least 10 years, otherwise the rate is recalculated.
IT Paradise: where work and entertainment merge
Imagine your working day ends with sunset surfing or dinner in an ancient castle. In Cyprus, working in IT is not just a career, it's a lifestyle where every day is full of discovery and joy.
And what about water sports. It's even simpler than that. On the street, in supermarkets, parks, on the beach, in cafes - everywhere an IT-specialist will find a kindred spirit, and most likely this person knows Russian.
Rent or buy: your own world
Whether you rent or buy, every corner of Cyprus is your own paradise. Discover places where every morning waking up is a miracle and every evening is a holiday. Between the beginning of 2020 and the end of 2023 rental prices have risen significantly, by about 40%, according to experts. Still, Cyprus is more affordable and in many ways much cozier than many other cities in Europe. Here, an IT specialist of almost any level can afford decent housing, a car (at least carsharing) and education in a private school for their children.
Investing in Happiness
Investing in real estate in Cyprus is not just a financial decision, it is an investment in your happiness. The market here is not only growing, it is flourishing, offering you not just a house, but a dream. Buying a new building at the construction stage, you save on taxes, and the final cost of the project can grow by at least 30%.
Cultural diversity and fun
Cyprus is a celebration of life. Here every corner is filled with history, every restaurant calls with the flavors of local dishes, and every beach promises new adventures. If you love history and archaeology - go closer to Paphos, theatergoers definitely choose Limassol, and those who are calm to the sea - save on housing and choose a decent apartment in the capital Nicosia.
Choosing housing in Cyprus for an IT professional is an entrance to a world where every day is filled with joy, inspiration and limitless possibilities. It's not just a move, it's the beginning of a new magical chapter of your life!
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