Cyprus continues its path to integration into Schengen, but no progress has been made as of September 2025. However, interest in real estate on the island is very high. In July 2025, according to the cadastral data of the Republic of Cyprus, 1,832 real estate purchase/sale transactions were concluded. Compared to July 2024, the increase was 11%. These are record figures in the field of Cyprus real estate sales over the past 18 years. At the same time, buying real estate for €300,000 + VAT still gives the opportunity to obtain a Cyprus Permanent Residence Permit – the program is working. That is, along with an investment in real estate in the Mediterranean, the owner receives permanent status in the European Union.
Obtaining Cyprus Permanent Residence Permit. Step-by-step
When applying for permanent residence in Cyprus for the purchase of real estate, the investor will have to take the following steps together with Apex Capital Partners:
- Choose a property in accordance with your goals and budget, but not less than €300,000 + VAT. Please note that when purchasing residential property, its area must correspond to the number of family members indicated in the application. You can plan a trip to Cyprus, view the selected options on site, or request an online viewing of the location or the finished property.
- Sign the purchase and sale agreement.
- Start preparing a package of documents and their translation into Greek.
- Make a deposit of 30-40% of the property value. The terms depend on the specific developer.
- Pay the remaining amount of the property value. Cyprus Permanent Residence Permit can be issued after paying the full amount – €300,000.
- Submit an application and a package of documents to the Department of Civil Registry and Migration.
- Submit biometric data in Cyprus within 1 year of application approval.
New boutique project in Limassol
Cyprus Permanent Residence Permit
24 designer apartments with full finishing and electrical appliances (hob, oven, dishwasher, washing machine) with a large shared pool of 65 m2. The location is within walking distance of restaurants, shops and recreation areas, 20 minutes to the sea on foot (5 minutes by car). Nearby there is a green park, schools, universities.
For example, a two-bedroom apartment, covered area 87 m2 + covered terrace 19 m2 for €515,000 + VAT.
Real estate in the golf resort near Limassol: apartments, townhouses, villas
Cyprus Permanent Residence Permit
The residential property is part of the largest and most ambitious residential, golf and spa resort in Cyprus. This is an incredible opportunity to own part of this major development project and enjoy a truly unique community lifestyle. The project is located next to the Limassol Mall, Limassol Central Clinical Center, Fasouri Water Park, private international schools, the world-famous Limassol Marina, one of the most beautiful beaches in Cyprus, Lady’s Mile. And next to the project territory is the City of Dreams Casino Resort, which was officially opened in July 2023.
There are two-bedroom apartments with a total covered area of 128 m2, including a 25 m2 covered terrace, and a 4m2 open terrace, priced at €625,000 + VAT.
There are also townhouses, for example, with two bedrooms, with a total covered area of 141 m2, including covered terraces of 26 m2, on a plot of 419 m2, priced at €975,000 + VAT. This townhouse is move-in ready.
And villas, for example, with three bedrooms, with a total covered area of 249 m2, including covered terraces of 49 m2, as well as open terraces of 76 m2, on a plot of 695 m2, priced at €1,520,000 + VAT.
Residential complex in Kato Paphos
Cyprus Permanent Residence Permit
A luxury residential complex in the tourist area of Paphos, 600 meters from the sea. This is an ideal example of mixes-used real estate: there is a private fitness center, a spa area, a coworking space, several swimming pools with elegant sun loungers. The entrance to the building is closed to outsiders, each property has safe entrance doors and video intercoms. Within walking distance there are sandy beaches, a promenade with a string of cafes and restaurants, the largest shopping center in Paphos Kings Avenue Mall, the prestigious school Aspire, the Archaeological Park.
The cost of apartments from €290,000 + VAT. Сcommissioning is scheduled for 2026 year.
The apartment can be rented out through a management company. Market analysis of Kato Paphos allows us to estimate the profitability of two-bedroom apartments in such a project at 6.5% with an income of €35,340 per year.
Apex Capital Partners has been working in Cyprus for a long-time helping investors understand the local real estate market.
We will help you choose an object in a good project from a reliable developer, and apply for investment permanent residence.
The processing time, including the registration of the contract for the purchase of real estate, is now about 8 months. Of course, there are many nuances regarding bank transfers and candidate checks. That is why we recommend getting a free consultation from APEX online or offline to get started.
