News

The Team of VIZUS GROUP wishes you and your families joy and peace this special holiday of EASTER brings!

Hellenic Bank published the results of a sociological survey of a property market conducted in December 2017.

The Municipality of Nicosia presented a video of the city at the 29th MIPIM in Cannes.

We look forward to meeting you in our pavilion at the XXII Moscow Overseas Property & Investment Show at Tishinka exhibition centre.

Congratulation of the company Vizus Group on Christmas and New Year 2018

Demand on Cyprus real estate is continuously growing. A record number of sales was reported in May.

Wealthy Russians, Chinese and Arabs are among those who actively buy properties in Cyprus.

Starting from March 2017, the Tax Department of Cyprus will issue a Tax Residency Certificate to individuals until the end of the relevant tax year.

According to the circular issued by the Tax Department on March 10, 2017, individuals can be granted a Certificate of Tax Residence at any time throughout this tax year without prior residence in Cyprus for 183 days in total.

Recent changes to property taxes in Cyprus will benefit both those who have purchased property and those planning to purchase. 

Property sales in Cyprus during January 2017 rose by 29% compared to the same period last year according to the official statistics published by the Department of Lands and Surveys.

During January, 2017 a total of 423 contracts for the sale of commercial and residential properties and land (building plots and fields) were deposited at Land Registry offices across Cyprus, compared with the 327 deposited in January 2016. Of those 423 contracts, 330 (78%) were deposited by Cypriot purchasers and 93 (22%) were deposited in favour of overseas purchasers. Although sales in Famagusta fell 5% compared with January 2016, they increased in all the other districts. Limassol lead the way with sales up 43%, followed by Nicosia where sales were up 33%, while sales in Larnaca and Paphos rose by 31% and 19% respectively.