Cyprus Investment Property — At a Glance
CBI-qualifying investment: This property qualifies under Cyprus's Citizenship by Investment Programme. A minimum real estate investment of $300,000 in an approved project entitles you and your family to Cyprus citizenship with visa-free access to EU residency rights in Cyprus. Not Schengen — Cyprus is EU but not yet Schengen member. countries. Learn more about Cyprus CBI.
Why invest through Mirabello Consultancy? Our IMC-accredited, Swiss-based team has guided over 250 families through the Cyprus CBI process with a 99% approval rate. We handle every step — property selection, legal due diligence, CBI application, and passport delivery. Meet our team.
| Residency-qualifying from | €300,000 (new property only) |
| VAT rate | 5% reduced rate (first €350K) |
| Capital gains tax | Zero (non-dom regime) |
| Processing time | 4–6 months |
| Schengen access | Not yet (Cyprus not Schengen) |
| EU citizenship path | 8 years residency |
Nestled in a tranquil area within the Ayia Napa municipality, Cyprus, this residential project combines modern living with sustainability and convenience. The development is rated as Energy Efficient A, ensuring reduced energy consumption, lower utility costs, and a more environmentally friendly lifestyle. The project comprises 16 meticulously designed apartments, including 14 two-bedroom units and two spacious three-bedroom units. The ground floor provides ample parking spaces and dedicated storage rooms for each apartment.
Eight apartments, including the two premium three-bedroom units, are located on the first floor, with the remaining eight two-bedroom apartments on the second floor. Each apartment features an open-plan layout seamlessly blending the kitchen, living, and dining areas. The location offers an exceptional balance between serenity and accessibility, being a short drive from Ayia Napa's vibrant center and Protaras' picturesque coastal area, with everyday amenities nearby. Property features include balcony, built-in soft-close wardrobes, covered veranda, double glazing, lift, parking, solar panels, and storage room.
Only new residential property purchased directly from a developer qualifies for Cyprus permanent residency by investment. The minimum purchase price is €300,000 (excl. VAT). Secondary market (resale) properties do not qualify. The 5% reduced VAT rate applies to the first €350,000 of purchase price for qualifying buyers, effectively reducing the total investment cost.
No. Cyprus permanent residency by investment requires purchasing a new property directly from a developer — resale or secondary market properties do not qualify for the programme. If you are interested in a resale property, Mirabello Consultancy can advise on alternative Cyprus residency routes that may be available based on your income and circumstances.
Cyprus's non-domicile (non-dom) regime exempts qualifying residents from tax on dividend income, interest income, and capital gains on overseas assets for a period of 17 years. No inheritance tax applies in Cyprus. The 60-day tax residency rule allows full Cyprus tax residency by spending just 60 days per year in Cyprus. This makes Cyprus one of the most tax-efficient EU jurisdictions for property investors.
Not yet. Cyprus is an EU member state but has not yet joined the Schengen Area. This means Cyprus permanent residency cardholders cannot freely enter the Schengen Area without a separate Schengen visa. Cyprus is expected to join Schengen in the coming years. For investors requiring immediate Schengen access, Greece (Golden Visa from €250,000), Malta (MPRP), or Portugal (from €250,000) are alternative EU options.
Cyprus permanent residency property must be retained throughout your residency. Selling the property without reinvesting in another qualifying property would affect your residency status. Most investors maintain the property for the 8 years required to qualify for Cypriot citizenship, after which the property requirement no longer applies to citizenship retention.
Contact Mirabello Consultancy for a free, no-obligation consultation. Our Swiss-based investment migration experts will identify qualifying new-build properties in Cyprus, guide you through due diligence and legal requirements, and submit your application to the Civil Registry and Migration Department. With 350+ Golden Visa/residency cases and a 99% approval rate, we ensure the smoothest possible process from investment to residency card.
Mirabello Consultancy provides end-to-end real estate and CBI support — property selection, legal due diligence, citizenship application, and passport delivery. 99% approval rate. Swiss-based team. Offices in Zurich and Dubai.
Serene Cyprus Apartments is situated in Famagusta, Cyprus (within the Ayia Napa municipality), Cyprus, offering investors a tangible asset alongside an investment migration outcome. This property qualifies applicants for the Dauerhafte Residenz in Zypern durch Investition programme of Cyprus. Project stage: Under Construction. Expected completion: December 2025.
Compare this option against our shortlist of best Golden Visa programmes to see how it ranks on cost, processing time and travel access. Mirabello Consultancy advises on the full process — eligibility review, source-of-funds documentation, due diligence and developer escrow — so the property purchase, residency or citizenship application, and post-approval support are managed under one Swiss roof.
Mirabello Consultancy is a Swiss boutique investment migration advisory headquartered in Zurich with a regional office in Dubai. We have closed over 250 citizenship-by-investment cases and 350+ Golden Visa applications with a 99% approval rate, advising private clients in seven languages (English, German, Arabic, Spanish, Russian, Mandarin and Italian). Every mandate is handled by a senior advisor — never an account manager — with full Swiss confidentiality and end-to-end project management from initial eligibility review through residency or citizenship issuance.
We are an accredited member of the Investment Migration Council (IMC), the global self-regulating body for the industry, and our compliance team holds ACAMS anti-money-laundering certification — two credentials that distinguish us from broker-style firms and ensure your file is prepared to the highest international standard.
Explore related options: all citizenship-by-investment programmes, all Golden Visa programmes, or read our latest investment migration insights.


