Invest in Cyprus real estate and become EU citizen in Covid times

 Cyprus News
 Immigration News
In the context of the global economic downturn due to Covid-19 outbreak, overseas real estate investment can be considered an ideal choice for Vietnamese investors. In this article, Odin Land will introduce a Cyprus high-end hotels investment program with many attractive benefits and offers.
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Regarding the negative effects of the Covid-19 pandemic on the economy, many European countries have launched large-scale stimulus packages and programs to attract more foreign investment. This is a golden opportunity for Vietnamese investors to enter the European market, boost international cooperation, expand customer networks, seek new investment potentials, especially in the real estate sector.

The Cyprus Real Estate Investment Program is one of the 10 best in the world for global citizenship. The government is working closely with the Cyprus Investment Promotion Agency to support the revival of the economy and has taken measures to protect the value of individual investments during this economic crisis.

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The business segment has many advantages in the Cyprus market, including the lowest corporate tax rate in Euro zone (12.5%) and a series of other double tax arrangements with 44 countries; advanced transportation and telecommunication infrastructure, well-educated, skilled and multilingual workforce, high quality services such as banking, tax, accounting, auditing, business administration, legal, investment and fund management. Business operating costs in Cyprus are also relatively low. All of this together with the high quality of life are the factors that make Cyprus stand out on the global investment map.

Benefits of the Cyprus Real Estate investment program

  • Immediately own a high-end coastal hotel with only from 3.000.000
  • High yield (6% / year ~ 180.000)
  • Save 19% on VAT (~ €570.000)
  • All of the hotels are completed, no additional cost for construction or furnitures
  • High occupancy with many integrated facilities: swimming pool, sauna, children’s play area, bar, restaurant, tennis court, …
  • Get Cypriot citizenship after 8 months
  • Enjoy a peaceful life in the beautiful island nation of Cyprus, one of the 5 safest countries in the world, and countless offers on education, healthcare, travel, …
  • Free to live, study and work in European countries

Projects Information 

Hotel in Ayia Napa

Ayia Napa is a famous tourist area located in the district of Famagusta on the Easten coast of Southern Cyprus. It is also known as the tourist capital of Cyprus, a completed holiday paradise for all ages that offers diverse experiences. You can go to the beach, sunbath, play beach sports, enjoy fresh air and especially its signature nightlife.

***Project 1:

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Selling price: €3.000.000

The hotel is  V.A.T-free (save €570.000)

Area: 1960m2

25 bedrooms, 30 bathrooms

Location: the hotel is located in Ayia Napa center, 5 minutes walk from the beach

Facilities: swimming pool, bar, basement, club, solar water heating system, air-conditioners, etc.

The hotel is permitted to construct one more floor and 10 more rooms.

***Project 2: Boutique Apts

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Suggested price: €4.100.000

Yield: 6%/year (~ €246.000)

The complex area consists of 29 single apartments (25m2) and 4 separate floors for households. Each apartment has a kitchen with an open space design, a dining area, a living area and a bathroom, equipped with a safe, a TV and a mini fridge.

Facilities: surrounded by supermarkets, bars, restaurants, hospitals, souvenir shops, 300m from the sea.

Location: The hotel is located in the heart of the Ayia Napa coastal tourist resort which is a 35-minute drive from the airport.

Hotel in Protaras

Protaras is one of the most beautiful sites in Cyprus located along the east coast of the island. Protaras Bay, with its picturesque beauty and clear blue water, has been awarded the international award “Blue Flag” (an eco-labels awarded to environment-friendly tourist beaches, marinas and islands). The Protaras coast stretches for 10 km from Kapparis to Konnos Bay.

***Project 3:

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Selling price: €3.200.000

Lot size: 4522 m2

Area in use: 2800 m2

Number of rooms: 45

Facilities: swimming pool, tennis court, sauna, children’s playground, bar, restaurant, lounge, air conditioners, etc. The hotel also plans to equip more facilities such as gym and spa, upgrade from 3 star to 4 star hotel.

The hotel is permitted to construct one more floor and 10 more rooms.

Location: The hotel is located inside a small and peaceful resort on the outskirts of Protaras, overlooking the Golden Coast Bay covered with golden sand and clear blue water.

***Project 4: 

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Selling price: €8.000.000

Number of floors: 3

Number of rooms: 81

The spacious hotel campus offers large area for outdoor activities such as swimming, volleyball, table tennis, etc.

Facilities: restaurant, poolside bar, pool, children’s pool, parking, playground, tennis court, beach volleyball area, table tennis, sauna, gym.

Location: The hotel is located 300m from the beach, 500m from Green Bay, 1km from the central area.

Read frequently asked questions about Cyprus immigration

Contact Odin Land via Hotline 0906.82.7700 for quick, detailed and accurate consultancy!